THORChain Suffers Multi-Billion Dollar Hack Across Blockchain Platforms

THORChain, a leading decentralized cross-chain DEX, has been hit by a major hack across multiple blockchain platforms. According to security warnings issued on May 15, 2026, the company suffered losses of around $10 million in cryptocurrencies.

The attack targeted the BTC, ETH, BNB Chain, and Base blockchains, with the stolen funds being quickly transferred into various wallets. The exact distribution of the stolen crypto has been tracked on-chain, with over 36.85 BTC ($2.97 million) and more than 3,156 ETH (worth $7,112,748) being received by specific addresses.

THORChain's native token, RUNE, has seen a significant price decline following the hack, with its value dropping by 11.32% over the last 24 hours. The total market cap of RUNE is currently at $180.52 million, while its daily trading volume has skyrocketed to $24.49 million.