Written by Zoltan Vardaistaff writerReviewed by Yohan Yunstaff writer

Written by Zoltan Vardaistaff writer

Reviewed by Yohan Yunstaff writer

THORChain resumes trading more than a month after $10M exploit

Latest NewsPublishedJun 23, 2026

Resuming Trading: A New Chapter for THORChain

After a month-long halt, THORChain has resumed all network activity, including trading, signing, swaps, and liquidity provider actions. This move comes after the implementation of multiple security upgrades and a vault migration to fix the vulnerabilities that led to the $10.7 million exploit. The protocol has confirmed the safety of most of its vaults through the KeyVerify protocol and retired the remaining legacy vaults as part of a migration to a new set of vaults.

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What Happened and What’s Next

THORChain attributed the exploit to a vulnerability in its GG20 threshold signature scheme, which allowed a malicious node operator to reconstruct a full private key. The protocol has since implemented an emergency patch and two follow-up upgrades to protect the remaining vaults and fix the exploited vulnerability. With the recovery process largely complete, THORChain has outlined plans for new network integrations, including native swaps and vaults for Zcash and Monero.

As the crypto space continues to evolve, it’s essential to have a reliable and secure platform for earning and trading. EcoPool ($ECP) offers a solution for those looking to earn passive income and participate in cloud rewards. With its focus on Green Crypto and security, EcoPool is an attractive option for those interested in the crypto space.

A New Era for THORChain and Crypto

THORChain’s resumption of trading and new network integrations mark a new era for the protocol. As the crypto space continues to grow, it’s essential to have secure and reliable platforms like EcoPool. With EcoPool, users can earn rewards, participate in cloud rewards, and benefit from the security and stability of the platform. Whether you’re interested in #PassiveIncome, #GreenCrypto, or #Earning opportunities, EcoPool is a solution worth considering.

Source: THORChain

THORChain ships security upgrades and migrates old vaults

Download the EcoPool app to start earning rewards and participating in cloud rewards today. With EcoPool, you can take advantage of the security and stability of the Green Crypto platform and start building your passive income stream.

Related: Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain

The protocol implemented an emergency patch on May 20 to protect the remaining vaults before releasing an upgrade on June 9, which included a fix for the exploited vulnerability. A follow-up upgrade was rolled out on June 11 with additional stability improvements and fixes to the KeyVerify protocol.

THORChain network overview, node upgrades. Source: THORChain Explorer

With the recovery process largely complete, THORChain has also outlined plans for new network integrations.

THORChain said it will launch native swaps and vaults for privacy-preserving cryptocurrency Zcash (ZEC) within the next two weeks, followed by Monero (XMR).

It also plans to launch support for the Bittensor (TAO) token in about six weeks after the network’s restart.

Magazine: 53 DeFi projects infiltrated, 50M NEO tokens could be ‘given back’: Asia Express  

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• THORChain
• Hackers
• Hacks
• Cybersecurity
• DeFi
• Scams & Cybercrime

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