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THORChain suffers $11M exploit, RUNE price drops 13% amid security concerns

Pluang • May 15, 2026

THORChain suffered a major exploit on May 15, losing over $10 million in cryptocurrencies across multiple networks including Bitcoin, Ethereum, BNB Smart Chain, and Base Chain. The hacker swapped stolen tokens to Ethereum and moved them to a single w...

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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

THORChain Suffers $10.7M Exploit, Trading Halted Amid Security Concerns On May 15, 2026, THORChain paused trading operations after a security breach was detected, resulting in an estimated loss of approximately $10.7 million. The exploit, traced by blockchain researchers ZachXBT and PeckShield, affected multiple blockchain networks including Bitcoin, Ethereum, BNB Smart Chain, and Base. The attackers exploited vulnerabilities in the protocol's Asgard vaults, leading to unauthorized transactions. THORChain's RUNE token fell by 11% following the incident, trading at around $0.52. The protocol had previously faced scrutiny for its handling of funds linked to North Korean hackers. As of now, THORChain's development team is investigating the root cause of the breach and has halted certain operations to prevent further losses. This incident adds to a series of security challenges faced by THORChain in recent years. 20 sources 68

THORChain suffers $11M exploit, RUNE price drops 13% amid security concerns

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