The post THORChain (RUNE) Launches Refund Portal After $10M Exploit appeared on BitcoinEthereumNews.com.
Timothy Morano
May 16, 2026 10:18
THORChain confirms $10M hack affecting 12,847 wallets. Recovery portal live for claims; treasury-backed refunds available until June 4.
THORChain, the decentralized cross-chain liquidity protocol, has launched a recovery portal following a confirmed $10 million exploit on May 11, 2026. The breach impacted 12,847 wallets across Bitcoin (BTC), Ethereum (ETH), BNB Chain, and Base. The portal, live as of May 16, allows affected users to check their compensation and submit refund claims, supported by a treasury-funded refund pool of equivalent size. The incident, revealed via a PeckShield post-mortem, was traced to a vulnerability in THORChain’s GG20 threshold signature scheme (TSS). This flaw reportedly allowed an attacker to gradually leak sensitive vault key data, ultimately enabling unauthorized transactions. The attacker drained 36
Blockchain tracking firm Arkham Intelligence has labeled a set of suspicious wallets as “THORChain Exploiter” addresses, with one Bitcoin-linked wallet holding close to 36.85 BTC — worth roughly $3 million — and a separate Ethereum wallet carrying around 216 ETH. The funds are sitting there, visible on-chain, linked to two addresses that security researchers have […]
The post WIF Price Prediction: $0.16 Target as Bears Control the Narrative Through May appeared on BitcoinEthereumNews.com.
Rebeca Moen
May 16, 2026 08:36
WIF’s technical breakdown below key moving averages signals a 20% decline toward $0.16 over the next 2-3 weeks, with only 25% probability of reclaiming $0.22 resistance without fresh catalyst momen…
The Immediate Setup WIF is bleeding at $0.20, down 5.66% in the last 24 hours and trading dangerously close to its 20-day moving average support. The meme coin is trapped in a narrow $0.20-$0.21 range with momentum indicators flashing warning signals. The MACD histogram sits flat at zero while RSI hovers in neutral territory at 46.68, showing neither bulls nor bears have conviction. This sideways grind typically precedes violent moves, and with WIF sitting 29% below its 200-day moving average at $0.28, the path of least resistance points lower. Trading volume of $2.4 million on Binance spot reflects diminished interest,
The $292 million KelpDAO exploit is among the biggest crypto losses of 2026. The impact of this attack on users’ confidence was broad, triggering a $13.5 billion drop in DeFi total value locked (TVL). However, recent developments suggest a return in market confidence. Related Reading: ZachXBT Claims LAB Insiders Control 95% After $6 Billion Crypto […]
The post THORChain exploit turns DeFi halt into trust test appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on THORChain’s suspected multichain exploit and emergency halt on May 15 has turned into another DeFi security incident, and another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated global node-pause updates. One public alert described the likely exploit affecting Bitcoin, Ethereum, BSC, and Base, resulting in more than $10.7 million in losses, revised from an earlier $7.4 million estimate. Another security estimate put the loss near $10 million, including 36.75 BTC and about $7 million across BNB Chain, Ethereum, and Base. The chain scope was later expanded in a TRM Labs assessment, which reported that the attacker drained more than $11 million across at least nine chains. Those chains included Avalanche, Dogecoin, Litecoin, Bitcoin Cash, and XRP, in add
THORChain has launched a recovery portal following a $10 million exploit, allowing affected users across four chains to revoke malicious approvals and claim refunds.
Lombard has joined a wave of protocols switching to Chainlink CCIP as LayerZero migrations top $4 billion. LayerZero exploit sparks industry-wide migration The shift accelerated after a $292 million exploit drained 116,500 rsETH from Kelp DAO’s LayerZero-powered bridge in April…
ZachXBT warns THORChain may have lost over $10M across Bitcoin, Ethereum, BSC, and Base as the protocol halts trading. Blockchain investigator ZachXBT has warned that THORChain may have suffered a multi-chain exploit, with losses above $10 million. The alert named Bitcoin, Ethereum, BSC, and Base as affected chains. Soon after, THORChain paused trading and carried […]
The post ZachXBT Issues THORChain Alert As Multi Chain Losses May Exceed Ten Million appeared first on Live Bitcoin News.
The post Thorchain Hack Drains $10M – ZachXBT Reports appeared on BitcoinEthereumNews.com.
The post Thorchain Hack Drains $10M – ZachXBT Reports appeared first on Coinpedia Fintech News THORChain, a cross-chain crypto trading protocol, was hit by a major hack that may have stolen over $10 million in digital assets across Bitcoin, Ethereum, BNB Chain, and Base. The attack sparked panic in the DeFi market, causing THORChain’s native token RUNE to drop more than 14% shortly after the exploit. ZachXBT Flags Suspicious Multi-Chain Activity The first warnings came from on-chain investigator ZachXBT, who reported suspicious activity linked to THORChain’s router infrastructure. According to ZachXBT, attackers moved roughly $7.2 million worth of assets including USDT, USDC, and wrapped Bitcoin across multiple blockchain networks before swapping them into ETH. The stolen funds were reportedly spread across Bitcoin, Ethereum, BNB Chain, and Base. Initial estimates suggested losses exceeded $7.