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.

Backers Seek Refunds as Trove Abandons Hyperliquid Integration for Solana

Concerned investor at a desk, screen shows Solana and Hyperliquid logos with a pivot arrow, highlighting refunds and controversy.

Trove Markets triggered a sharp community backlash after announcing a sudden pivot from Hyperliquid to Solana on January 19, 2026, sparking refund demands and allegations of mismanagement. The controversy intensified because the pivot followed a token sale that raised roughly $11.5 million and immediately raised questions about governance and use of proceeds.