THORChain Halts Trading After $10M Multi-Chain Exploit
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.
Market-moving crypto headlines from the last 24 hours.
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.
The single-day buy is small next to the four-week total: an a16z-linked wallet has now stacked 1.71M $HYPE, a signal that the institutional bid for the token is still active rather than rotating out.
The bitcoin miner-turned-AI operator upsized a $2B raise to nearly $3B in three days — one of the sector's largest converts, with proceeds funding Nvidia-backed GPU and data center buildout.
Eleven of the last fifteen Q2 closes have been green — the strongest quarter by hit-rate. The setup heading into the back half of Q2 2026 is unusually aligned with that seasonality.
The motion targets two IRGC-linked addresses holding 344,149,759 USDT and seeks to satisfy roughly $2.42B in unpaid terrorism judgments against Iran.
The headline is the BTC count, but the real signal is the preferred-stock float doing the funding work — $1.5B of STRC demand in a single session lets Strategy keep adding bitcoin without tapping…
The committee vote unlocks the SEC-to-CFTC jurisdictional split the market has been pricing as a tail risk for years — but a full Senate floor vote, cloture math, and a conference with the House…
South Korea's Kospi index plunged 6% as investors aggressively sold off AI-driven technology stocks following a brief…
The S&P 500's cyclically adjusted P/E is within 5% of the 1999 high — and bitcoin is sitting at roughly half its 2025 peak, the kind of price gap that could pull diversification flows if equity…
A fourth straight day of ETH ETF outflows paired with a clean BTC inflow session shows the institutional bid is still doing the work — just unevenly across products.
The 15–9 committee vote hands crypto its most concrete legislative momentum in years, while spot BTC ETFs book $131M in net inflows on the same session.
HashKey Research flags a structural split: US rules unlock bank-grade stablecoin adoption while yield restrictions push yield-seeking capital into Asian rails and wrapped products.
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…
With futures now pricing a 44% chance of a December rate hike, the opportunity cost of holding Bitcoin against a 4.05% two-year yield is doing exactly what the macro playbook says it should.
The US Strategic Petroleum Reserve shed approximately 8.6 million barrels last week, the largest single-week drawdown…
The 15-9 bipartisan vote is the first structural crypto market-structure breakthrough in months — and it landed while macro risk-off from Trump's Strait of Hormuz comments was supposed to weigh on…
Bitwise Asset Management is set to launch its Hyperliquid ETF, ticker $BHYP, with trading beginning tomorrow. The…
The fund's October-to-November accumulation is now underwater by more than half, and on-chain flows show 150,000 $AAVE leaving its wallet toward Galaxy Digital OTC and BitGo in a five-hour window.