THORchain exploited for $10.8 million
Web3 is Going Just Great [Unofficial]
May 15, 2026
The THORchain cross-chain liquidity protocol was exploited for around $10.8 million across several blockchains: Bitcoin, Ethereum, BNB Chain, and Base. The protocol paused trading after observing the suspicious transactions. News of the hack caused the protocol's RUNE token to drop in price by more than 10%. Telegram message by zachxbt
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