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Guavy AI Editorial Team••Sentiment: -4.2•Clout: 50

THORChain Suffers Suspected Exploit Worth Over $10 Million

BNBBTCETHRUNE

THORChain, a cross-chain protocol, has been hit by a suspected exploit worth more than $10.7 million. The attack affected multiple blockchain networks, including Bitcoin, Ethereum, BNB Chain, and Base.

ZachXBT, an on-chain investigator, reported the incident, citing addresses linked to the theft. He also published a list of addresses believed to be involved in the hack.

PeckShield confirmed the attack, estimating around $10 million in stolen crypto assets. Specifically, this includes 36.75 BTC worth approximately $3 million, as well as around $7 million in assets across BNB Chain, Ethereum, and Base.