THORChain Halts Trading After $10.8M Cross-Chain Exploit

Newsroom portrait of THORChain breach; monitor shows cross-chain links BTC, ETH, BNB with red alert and paused networks.

THORChain halted trading and signing across multiple networks on May 15, 2026, after investigators identified a multi-chain exploit that drained more than $10 million in crypto assets. ZachXBT first flagged the incident publicly, and blockchain security firms quickly corroborated the on-chain movements as tracing expanded across Bitcoin, Ethereum, BNB Smart Chain and Base.