THORChain Restores Trading Operations After $10.7 Million Exploit
2026-06-23 19:38

Woofun AI reports that THORChain has reinstated core protocol operations, including signing, swapping, and liquidity provider redemptions, following a five-week suspension. The trading pause was initiated on May 15 after blockchain investigator ZachXBT and security firm PeckShield identified a vulnerability that resulted in a $10.7 million loss from one of six Asgard vaults. While the remaining five vaults remained secure, THORChain confirmed that all vaults have since undergone rigorous verification and key share cross-checking to ensure system integrity.

Concurrently, native Monero swap functionality is undergoing end-to-end testing and is scheduled for subsequent deployment.

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Tags:
Monero
ZachXBT
THORChain
PeckShield
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