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THORChain
75 TokenPost stories are tagged THORChain. The newest appear first.
Latest THORChain stories
- THORChain’s RUNE Rises 13% as Binance Hack Revives Scrutiny
ZachXBT said funds from the Binance and Bitget hacks moved through THORChain and converged at one Ethereum address.
· Investing
- ZachXBT Says Binance and Bitget Theft Funds Reached Same Address
ZachXBT put the Binance-linked amount at about $6.3 billion and the Bitget-linked amount at about $388 million.
· Technology
- TRON Freeze Alerts Record $27 Million Across 33 Addresses at Alert Time
The largest single-address balance was about $7.8 million when the alerts were issued.
· Technology
- Unidentified Entity Buys 3,000.5 Ether, Then Swaps It for Bitcoin
The funds used to buy Ether came from Tornado. The entity sold ETH at $3,109 in January and $2,679 in September before buying again at $2,353 in October.
· Investing
- THORChain's Q3 2026 Volume Nearly Doubles to About $3.82 Billion
Funds stolen from Bitget were swapped through the network from Sept. 25 to 29, during a five-day period with about $1.38 billion in volume. Quarterly fees reached about $5.77 million.
· Technology
- Zcash Fault Triggers About 140 RUNE in THORChain Bond Deductions
Bonds tied to 18 node accounts were penalized, while user and vault funds were not lost.
· Technology
- THORChain Upgrade Targets Rujira Trading Restart After FIN Exploit
The v3.21 upgrade targets block 28,366,100, projected for Friday, Oct. 23. Rujira may seek an additional 24-hour pause for Credit Account positions above 100% loan-to-value that qualify for liquidation.
· Technology
- THORChain Targets Oct. 23 Upgrade to Restore SOL and ZEC Trading
The v3.21.0 release also addresses paused network functions. Remaining Monero (XMR) fixes are planned for v3.21.1, which has no set release date.
· Technology
- 2026 Exchange Closures Show Different Pressures on Crypto Platforms
AscendEX cited authorization requirements, while BitMart and BitMEX gave different reasons. The cases do not show users shifting to THORChain.
· Business
- THORChain’s RUNE Becomes Fully Unlocked as Supply Declines
RUNE was initially issued with 1 billion tokens before falling to 500 million. THORChain’s revenue model sends 59% of system income to node operators and 20% to protocol-owned liquidity.
· Technology
- Tether Froze $1.45M in USDT Across Four THORChain Vaults
The Oct. 9 restriction halted TRON trading and left about $363,000 in payouts queued before the addresses appeared unfrozen.
· Technology
- Tether Blacklists Four THORChain Vaults Holding $1.45 Million USDT
The move halted THORChain’s Tron swaps and liquidity-provider operations. Co-founder Chad Barraford said the team received no advance communication.
· Technology
- THORChain Opens Native Zcash Swaps With More Than $50,000 in Liquidity
The soft launch supports ZEC trades against Bitcoin, Ether and stablecoins while THORChain monitors performance and grows the pool.
· Technology
- THORChain Completes Native Zcash Integration for Cross-Chain Swaps
The upgrade supports transparent Zcash transactions, UTXO handling, ZIP-317 fees and the NU6.3 Ironwood consensus branch, but not shielded cross-chain transfers.
· Technology
- THORChain Posts $2.40 Billion in September Swap Volume
September swap volume nearly quadrupled from August, with more than half concentrated between Sept. 25 and Sept. 29 as funds linked to the Bitget exploit moved through the network.
· Technology
- THORChain Co-Founder to Ask Treasury About Returning Bitget Fees
Chad Barraford said the developer fund could return some income from swaps involving funds stolen in Bitget’s September hack.
· Technology
- THORChain Validator Votes Can Take Days to Slow Bitget-Linked Funds
Network-wide trading pauses cannot target one wallet. Some actions require approval from two-thirds of validators.
· Technology
- THORChain’s Barraford Puts Node Approval at the Center of Network Control
In an Aug. 11, 2026, essay, the co-founder said most updates and governance proposals need support from two-thirds of nodes. A single node can pause trading for up to 720 blocks, approximately one hour.
· Technology
- THORChain Activates Zcash Pool, With Trading Still the Next Step
The Oct. 2 announcement said nodes are monitoring the Zcash chain but gave no trading start time or pool-depth figure.
· Technology
- THORChain Says Its Emergency Halt Applies Across the Network
Co-founder Chad Barraford said Bitget CEO Gracy Chen asked the protocol to restrict addresses she linked to the exchange’s September hack.
· Technology
- Bitget CEO Challenges THORChain After $387.5 Million Wallet Breach
Gracy Chen wants THORChain to block addresses tied to Bitget’s Sept. 24 breach, while the protocol says its emergency controls cannot freeze individual wallets or swaps.
· Technology
- THORChain Rejects Bitget Plea as $6.3 Million Moves to Bitcoin
Twenty-seven swaps converted about 2,390 Ether into 75.2 Bitcoin after Bitget’s Sept. 24 breach, which the exchange valued at $387.5 million.
· Technology
- Bitget Resumes Bitcoin Withdrawals After $388 Million Hack
Ether withdrawals are scheduled to resume Tuesday, followed by USDt withdrawals Wednesday as the exchange restores services after the Sept. 24 breach.
· Technology
- Bitget Hack-Linked Ether Is Being Swapped for Bitcoin Through THORChain
The stolen assets involved in the movement are valued at $351.6 million, with Ether being exchanged for Bitcoin through the cross-chain protocol.
· Technology
- THORChain Says Network Halt Is Emergency Security Measure
The protocol said the pause was not a selective freeze of specific funds or an individual swap. A May security incident saw $10.7 million stolen from liquidity pools.
· Technology
- Bitget Keeps XRP Withdrawals Frozen as 27.63 Million Tokens Move
The funds moved from two tracked XRP Ledger accounts toward THORChain and Bitcoin, while Bitget has not given XRP a specific reopening time.
· Technology
- THORChain Swap Volume Surges as Bitget Stolen Funds Move Through Network
Daily swap volume topped $500 million and fees exceeded $800,000 during the Sept. 24-26 period.
· Technology
- Analyst Says THORChain Routed Most Bybit Stolen Funds in 10 Days
THORChain collected nearly $10 million in fees during the period, while fees tied to some funds from the recent Bitget theft reached $1 million.
· Technology
- THORChain Rejects Blame for Bitget Theft Fund Transfers
The protocol says its decentralized, permissionless design does not make it responsible for processing known stolen funds. Critics pointed to a prior 39-day service suspension after an attack.
· Technology
- OKX Star Challenges THORChain’s Claim of Decentralization
Star said THORChain’s validator-controlled threshold-signature vaults still function as an intermediary between users and native blockchains.
· Technology
- About 4 BTC Linked to Bitget Incident Appears to Enter Wasabi CoinJoin Round
The funds moved from a Bitget TRON wallet through several networks before about 4 BTC was traced into one CoinJoin round.
· Technology
- Bitget Asks THORChain to Block Hack Funds Despite Protocol Rules
Bitget now estimates the Sept. 24 security incident involved approximately $387.5 million in assets, up from an initial $351.6 million estimate.
· Technology
- Bitget CEO Asks THORChain to Refuse Service to Addresses Linked to $351.6 Million Attack
Bitget said attacker-linked addresses were publicly identified and are being tracked after unauthorized transfers from parts of its hot and warm wallets.
· Technology
- 218,023 USDT Linked to Bitget Incident Traced to Address 0xe07b…7d57
Tether appears to have frozen the funds after Circle blocked roughly 100,000 USDC tied to the same security incident on Sept. 25.
· Technology
- Cosmos Hub Recovers $2.2 Million in ATOM as 169,000 Escape
Validators halted the network for nearly 25 hours to move 1.23 million ATOM into a recovery address, but a later refund reached the attacker-linked wallet.
· Technology