THORChain Reports $10.7M Loss From Compromised Asgard Vault
first published 2026-05-15T10:22:34Z
Blockchain investigator ZachXBT flagged a multi-chain exploit hitting THORChain across Bitcoin, Ethereum, BSC and Base. Initial loss estimates exceeded $7.4M; ZachXBT’s updated on-chain accounting put the theft at at least $10M. THORChain paused trading and enacted a global emergency halt while teams assess affected routes. Native token RUNE plunged about 15% immediately after the alert. The incident follows prior scrutiny after funds tied to large DeFi attacks moved through the protocol.
AI Analysis
Facts: ZachXBT reported a multi-chain exploit affecting THORChain (Bitcoin, Ethereum, BSC, Base); on-chain accounting estimates at least $10M stolen; THORChain paused trading and issued a global emergency halt; RUNE fell ~15% immediately. These direct, protocol-level security events and an active trading halt are materially negative and market-moving for the asset.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- ZachXBT warns THORChain losses may top $10M after halt - Crypto News
- THORChain’s RUNE Token Plunges Double Digits After $10M Exploit, Trading Halt - Decrypt
- Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack - U.Today
- Thorchain Exploit Drains $7.4M Across Bitcoin, Ethereum, BSC, and Base - Coinpedia
- Thorchain Hack Drains $10M – ZachXBT Reports - Coinpedia
- Morning Minute: The Clarity Act Just Passed Its First Major Vote - Decrypt
- Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains - Bitcoin.com
- THORChain pauses trading after suspected $10M exploit - Cointelegraph
- THORChain Reports $10.7M Loss From Compromised Asgard Vault - The Defiant
