RUNE Plunges by 15% as THORChain Falls Victim to New Hack: ZachXBT
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On-chain investigator ZachXBT reported on Telegram that decentralized exchange THORChain was likely hacked for over $7.4 million, with funds drained across Bitcoin, Ethereum, Binance Smart Chain and Base. The cross-chain DeFi exploit highlights serious security and bridge vulnerabilities for the DEX, creating immediate liquidity and token price risks and undermining user trust in the protocol.
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Popular on-chain investigator ZachXBT updated his 100,000 followers on Telegram minutes ago that the popular decentralized exchange THORChain has likely become a victim of a new crypto hack.
The reported attack appears to be for over $7.4 million, as the platform was exploited on Bitcoin, Ethereum, Binance Smart Chain, and Base.
