THORChain pauses trading after suspected $10M exploit

60-second summary

THORChain is currently pausing trading after ZachXBT flagged a suspected $10 million exploit spanning multiple chains, including Bitcoin, Ethereum, BNB Chain, and Base. The incident is under investigation, with THORChain's team working to identify the root cause and mitigate potential losses. Market implications are uncertain, but the pause may impact investor confidence in cross-chain protocols.