ZachXBT Flags Multi-Chain THORChain Exploit as Stolen Funds Surge Past $10 Million

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Cross-chain liquidity protocol THORChain appears to have been compromised in an exploit spanning at least four major networks, with stolen funds already exceeding $10 million, according to onchain investigator ZachXBT. Follow us on X to get the latest news as it happens In an alert posted on Telegram on Friday, the sleuth said that THORChain was likely exploited on Bitcoin, Ethereum, BNB Chain, and Base. ZachXBT outlined three theft addresses: - bc1ql4u94klk265lnfur2ujk9p6uh52f2a8jhf6f37 - 0x82fc0d5150f3548027e971ec04c065f3c93154eb - 0xd477b69551f49c0519f9b18c55030676138890bd THORChain has reportedly paused trading after the suspected exploit. Meanwhile, the report has weighed on RUNE’s price. Market data shows the altcoin is down more than 6% since ZachXBT’s initial alert. At press time, RUNE was trading at around $0.50. This is a developing story. BeInCrypto has reached out to THORChain for comment.

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