ZachXBT Flags Multi-Chain THORChain Exploit as Stolen Funds Surge Past $10 Million
Summary
Onchain investigator ZachXBT has identified a significant exploit targeting the cross-chain liquidity protocol THORChain. The breach spans at least four major networks, including Bitcoin, Ethereum, BNB Chain, and Base, with losses currently exceeding $10 million. In response to the security incident, THORChain has suspended trading activities while the situation remains under investigation.
(Source:BeInCrypto)