THORChain (RUNE) Launches Refund Portal After $10M Exploit
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