THORChain Pauses Swaps Across 10 Networks After Block Reorg Bug Slows Binance Hackers

THORChain node operators have halted swaps involving assets on 10 major networks, including Bitcoin, Ethereum, Solana, and Tron, after a block reorg bug was discovered. The pause comes as the protocol grapples with the fallout from a recent Binance hack, where stolen funds were reportedly moved through THORChain. The bug, which affects transaction finality, could have allowed attackers to exploit the network during the reorg, prompting immediate action from node operators to protect user funds. This incident highlights the ongoing security challenges faced by cross-chain protocols, which must balance interoperability with robust safeguards. THORChain has previously suffered multiple exploits, and this latest pause underscores the need for continuous vigilance. The halt is expected to remain in place until the bug is patched and the network is deemed safe. For users and liquidity providers, the pause means temporary disruption but also reflects a proactive stance against potential losses. The broader crypto community will be watching closely to see how quickly THORChain can restore full functionality and regain trust.