Thorchain Hacked: $7.4M Stolen Across Bitcoin, Ethereum, BSC, and Base!

Thorchain Exploit Drains $7.4M Across <a href="https://pricpr.com/btc-usd/">Bitcoin</a>, <a href="https://minority-mindset.com/eth-usd/">Ethereum</a>, BSC, and Base

Trading on THORChain was paused after a blockchain security researcher, ZachXBT, connected a recent hack affecting multiple blockchains to potential losses of over $10 million in cryptocurrencies like Bitcoin, Ethereum, and others. Initial reports show about 37 Bitcoin and 216 Ethereum were stolen and moved to wallets being watched for suspicious activity, which is putting downward pressure on THORChain’s RUNE token as investors worry about the impact. The platform, which has faced criticism for potential money laundering in the past, is now under increased pressure regarding its security and how it’s managed. The team is working on a response and a formal statement, and experts caution that further losses or similar attacks are possible.

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2026-05-15 13:36