THORChain resumes trading five weeks after $10.7 million exploit
The Block·
60-second summary
THORChain resumes trading five weeks after a $10.7 million multichain exploit in May affected an Asgard vault. The exploit was the largest in THORChain's history, compromising user funds. The platform's trading halt has now been lifted, allowing users to resume transactions. The resumption of trading should stabilize the market and restore investor confidence in the decentralized exchange.
THORChain resumed trading after a 5-week halt following a $10.7 million multichain exploit in May affecting an Asgard vault.