THORChain Exploit Results in $10 Million Loss on May 15, 2026

On May 15, 2026, THORChain experienced a significant exploit, leading to the loss of over $10 million in various cryptocurrencies, including Bitcoin, Ethereum, BNB Smart Chain, and Base Chain. The attack involved a hacker who swapped the stolen tokens for Ethereum and subsequently transferred them to a single wallet. This incident highlights vulnerabilities in THORChain's multi-chain operations and has raised alarms in the cryptocurrency community. The platform has halted trading in response to the exploit. As of now, the full scope of the exploit is being assessed, and further security measures are expected to be implemented to prevent future incidents.

Key Points: • THORChain lost over $10 million due to a multi-chain exploit on May 15, 2026. • The hacker swapped stolen tokens for Ethereum and transferred them to a single wallet. • Trading on THORChain has been halted as a precautionary measure.