THORChain halts network after $10M+ exploit drains BTC, ETH
ZachXBT flagged the cross-chain drain on Tuesday, and the protocol paused trading within hours — the second major halt in a year for a venue positioned as a native-asset swap layer.
Exchange, bridge, and protocol breaches where funds were stolen — incident reports and post-mortems.
ZachXBT flagged the cross-chain drain on Tuesday, and the protocol paused trading within hours — the second major halt in a year for a venue positioned as a native-asset swap layer.
Two crypto exploits last month drained nearly $600 million in combined losses, with investigators linking both attacks…
Thorchain, the decentralized cross-chain liquidity protocol, has been exploited across at least four major networks —…
A four-chain drain hitting BTC, ETH, BNB and Base layers puts THORChain back on incident-watch — the fourth or fifth security event on a protocol that has been here before.
The pause and the missing post-mortem are the real story: cross-chain bridges have absorbed more than $2.8B in thefts since 2021, and Thorchain has not yet named the attack vector.
On-chain investigator @zachxbt flagged the multi-chain drain minutes after the funds started moving; the $10M mark is a live count and likely to climb as the attacker's wallets are tracked.
On-chain data from HypurrScan shows trader Evaded (@ICanPlug) opened a 1x leveraged long position in $CBRS worth…
The case hinges on a stablecoin-specific legal hook: Tether already froze OFAC-designated Tron wallets, and the plaintiffs want the court to order it to reissue that USDT to terrorism-judgment…
A newly created Bitcoin wallet (bc1qgm…) withdrew 676.72 BTC — worth approximately $55.12 million at the time — from…
Binance Research frames the share as small, but the absolute stock of laundered funds keeps growing — and the bottleneck is now mixer capacity, not just tracing.
Ronghui Gu says the cost gap is structural: attackers lean on AI to scan operational and supply-chain gaps faster than white-hat budgets can keep up, while the Arbitrum freeze fallout threatens…
On-chain data from HypurrScan shows loracle.hl (@loraclexyz) is currently short 29,772 XYZ:CBRS worth $11.22 million at…
The three-way public-private unit says intercepted illicit proceeds jumped 43.9% in 2025 — a figure that doubles as a counterweight to the industry-wide 'crypto = crime' narrative.
The drops expose the legal thin ice under synthetic private-company exposure — tokenized PreStocks have no claim on actual equity, so the price is whatever market participants believe the wrappers…
The restart comes a week after a Lazarus-linked April 18 attack drained the restaking market's largest LRT — a clean recovery test for the DeFi lending stack that absorbed the impact.
The bad debt is gone, but the road back is brutal: FLUID buybacks paused, incentives cut or removed, and an oracle + pricing-system overhaul on the slate before the next product wave.
A long-term holder capitulated at a roughly 12% loss after buying near the October peak — another data point in the wave of late-cycle distribution from large wallets.
The FBI's San Francisco office unsealed charges against three men accused of posing as delivery workers, kidnapping crypto holders, and forcing transfers at gunpoint — a rare federal case tying…
A federal grand jury hit the alleged crew with robbery and weapons charges spanning multiple California cities — the third indictment this year tying a coordinated crew to seven-figure crypto heists.
Ten newly created wallets pulled 100 million LAB tokens, valued at approximately $480 million, from Bitget in a 12-hour…