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THORChain restores cross-chain trading 39 days after $10.7 million vault exploit


THORChain restores cross-chain trading 39 days after $10.7 million vault exploit

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THORChain resumed full operations on June 23 after completing an 11-stage, 39-day security overhaul following a $10.7 million May 1 hack. Swaps, liquidity provider actions, and cross-chain signing infrastructure have reopened, marking a security-led protocol upgrade that should help restore DeFi/DEX liquidity and cross-chain activity.

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THORChain announced that it has resumed full operations as of today, June 23. The restart came after an 11-stage, 39-day security overhaul project that started after $10.7 million was stolen from the protocol in a May 1 hack.   As of this report, THORChain swaps, liquidity provider actions, and cross-chain signing infrastructure have formally reopened.  THORChain...
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