THORChain Hit by Over $10M Exploit Across Bitcoin, Ethereum, and Base
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THORChain, a cross-chain DeFi liquidity protocol, was reportedly hit by a major hack with on‑chain sleuths flagging asset movements across Bitcoin, Ethereum, BNB Chain and Base and early estimates of stolen funds ranging from $7.5M to over $10M. The exploit was first reported by ZachXBT on Telegram and X, prompted THORChain to pause trading, and underscores elevated security and counterparty risk for cross‑chain DeFi and DEX liquidity.
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- Hackers are reportedly shifting assets across Bitcoin, Ethereum, BNB Chain, and Base.
- The incident first popped up on Telegram channels tied to ZachXBT, and then on X.
- ZachXBT also reported that after this incident, THORChain paused trading.
Cross‑chain liquidity protocol THORChain appears to have been hit by a big hack affecting multiple blockchains, according to on‑chain sleuth ZachXBT and other crypto intelligence accounts tracking suspicious fund movements.
Early estimates put the stolen funds at over $7.5 million, and the hackers are reportedly shifting assets across multiple chains such as Bitcoin, Ethereum, BNB Chain, and Base.
The incident first popped up on Telegram channels tied to ZachXBT, then spread further when crypto intel accounts on X picked it up.
ZachXBT later publicly responded on X, confirming that suspicious money movements tied to t…
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