THORChain’s RUNE Token Plunges Double Digits After $10M Exploit, Trading Halt
Decrypt·
60-second summary
THORChain's RUNE token is plummeting double digits in value after a suspected $10 million exploit was discovered across multiple networks, prompting the liquidity protocol to halt operations. The breach is currently under investigation, with researchers analyzing the incident to determine its full extent and potential impact on the protocol's security and user trust.
The liquidity protocol halted operations after blockchain researchers identified a suspected $10 million breach across multiple networks.