Invest ideasNews
15 May 2026, 11:30
THORChain exploit hits Bitcoin, Ethereum, and BSC – Hackers steal over $10 mln
How THORChain lost over $10 million through a protocol exploit.
15 May 2026, 11:11
Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack
THORChain paused trading after a suspected exploit reportedly drained more than $10 million across multiple blockchains.
15 May 2026, 10:58
THORChain’s RUNE Token Plunges Double Digits After $10M Exploit, Trading Halt
The liquidity protocol halted operations after blockchain researchers identified a suspected $10 million breach across multiple networks.
15 May 2026, 10:50
Coinone Issues Investor Warning for THORChain (RUNE) After Confirmed Security Incident
BitcoinWorld Coinone Issues Investor Warning for THORChain (RUNE) After Confirmed Security Incident South Korean cryptocurrency exchange Coinone has issued an official investor warning for THORChain (RUNE), citing confirmed evidence of a security incident involving the cross-chain liquidity protocol. The alert, published on Coinone’s website, advises users to exercise extreme caution when trading or holding the asset. Details of the Warning Coinone stated that it had verified information regarding a security breach or exploit affecting THORChain. While the exchange did not immediately disclose the technical specifics of the incident, the warning serves as a precautionary measure to protect its user base from potential financial loss. Such alerts are standard practice on South Korean exchanges when credible evidence of a security compromise emerges. Background on THORChain and RUNE THORChain is a decentralized cross-chain liquidity protocol that allows users to swap native assets across different blockchains without relying on centralized intermediaries. Its native token, RUNE, is used for network security, governance, and as a base trading pair. The protocol has faced security challenges in the past, including multiple exploits in 2021 that led to significant fund losses. These incidents prompted the project to implement more rigorous security audits and a bug bounty program. Impact on Traders and Market Sentiment Investor warnings from major exchanges like Coinone can have a tangible impact on market sentiment. Following similar alerts in the past, tokens have experienced short-term price volatility and reduced trading volumes on the issuing platform. For RUNE holders, the immediate implication is heightened uncertainty regarding the safety of their assets, especially if the incident involves smart contract vulnerabilities or compromised private keys. The broader market may also interpret this as a signal of ongoing security risks within the decentralized finance (DeFi) sector. Conclusion Coinone’s investor warning for THORChain (RUNE) underscores the persistent security challenges facing DeFi protocols. While the full details of the incident remain under investigation, the alert serves as a critical reminder for traders to exercise due diligence and maintain heightened awareness of security risks when interacting with cross-chain platforms. Further updates from Coinone or the THORChain team are expected as more information becomes available. FAQs Q1: What does a Coinone investor warning mean for RUNE holders? A1: It means Coinone has confirmed evidence of a security incident involving THORChain. The exchange advises users to be cautious when trading or holding RUNE, as the incident could lead to potential financial losses. Q2: Has THORChain been exploited before? A2: Yes, THORChain experienced multiple exploits in 2021, resulting in significant fund losses. Since then, the project has enhanced its security measures, but this latest warning indicates ongoing risks. Q3: Should I sell my RUNE tokens after this warning? A3: The decision to sell or hold depends on your individual risk tolerance and investment strategy. The warning does not mandate selling, but it advises caution. It is recommended to monitor official updates from Coinone and the THORChain team for further guidance. This post Coinone Issues Investor Warning for THORChain (RUNE) After Confirmed Security Incident first appeared on BitcoinWorld .
15 May 2026, 10:40
Thorchain Halts Trading Following Suspected $10M Exploit Across Multiple Networks
BitcoinWorld Thorchain Halts Trading Following Suspected $10M Exploit Across Multiple Networks Thorchain, the decentralized cross-chain liquidity protocol behind the RUNE token, has abruptly halted trading after a suspected exploit targeting its bridges across Bitcoin, Ethereum, BNB Chain, and Base networks. The incident, first flagged by on-chain analysts ZachXBT and PeckShield, is estimated to have resulted in losses exceeding $10 million, though the full extent of the breach remains unconfirmed. Details of the Suspected Attack According to reports from The Block, the suspected exploit forced Thorchain to pause operations across multiple blockchain networks as a precautionary measure. On-chain sleuth ZachXBT identified wallet addresses potentially linked to the attack, noting that funds appeared to have been drained from liquidity pools. PeckShield, a blockchain security firm, corroborated the findings, estimating damages at over $10 million but emphasizing that the attack has not yet been fully verified. The incident highlights ongoing vulnerabilities in cross-chain bridge protocols, which have been frequent targets for malicious actors due to their complexity and high value of locked assets. Implications for DeFi and Cross-Chain Security Thorchain is a prominent player in the decentralized finance (DeFi) ecosystem, enabling users to swap assets across different blockchains without relying on centralized intermediaries. The suspected exploit raises concerns about the security of cross-chain infrastructure, which has seen several high-profile hacks in recent years, including the $600 million Ronin bridge attack in 2022. For RUNE token holders, the halt in trading could lead to increased volatility and uncertainty. The broader DeFi market may also face renewed scrutiny from regulators and investors regarding the robustness of bridge security measures. Market and Community Response Following the announcement, the price of RUNE experienced a sharp decline, reflecting market jitters. The Thorchain team has not yet released an official statement detailing the cause of the exploit or the timeline for resuming operations. Community forums and social media channels are abuzz with speculation, though analysts urge caution until a full post-mortem is published. The incident underscores the importance of rigorous smart contract audits and real-time monitoring systems for DeFi protocols. Conclusion The suspected $10 million exploit targeting Thorchain represents another significant security incident in the DeFi space. As investigations by ZachXBT and PeckShield continue, the industry awaits confirmation of the attack vector and the recovery of any lost funds. For now, Thorchain remains halted, and users are advised to stay informed through official channels. This event serves as a stark reminder of the persistent risks in cross-chain operations and the need for enhanced security protocols. FAQs Q1: What is Thorchain and why did it halt trading? Thorchain is a decentralized protocol that allows cross-chain asset swaps. It halted trading after a suspected exploit drained over $10 million from its liquidity pools across Bitcoin, Ethereum, BNB Chain, and Base networks. Q2: Who identified the suspected exploit? On-chain analysts ZachXBT and security firm PeckShield first flagged the suspicious activity, identifying wallet addresses potentially linked to the attack. The exploit has not yet been fully confirmed. Q3: What should RUNE token holders do? RUNE token holders should monitor official Thorchain announcements for updates on the situation. The halt in trading may lead to price volatility, and it is advisable to exercise caution until the protocol resumes normal operations. This post Thorchain Halts Trading Following Suspected $10M Exploit Across Multiple Networks first appeared on BitcoinWorld .
15 May 2026, 10:21
Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
The cross-chain liquidity protocol paused all trading and signing on Friday after an attacker drained roughly $10.8 million across Bitcoin, Ethereum, BSC, and Base.
