THORChain Halts Operations in 10 Networks After Glitch

THORChain, the cross-chain exchange protocol, has temporarily suspended operations in ten major blockchain networks. This decision was made after a critical vulnerability was discovered during transaction processing.

The incident occurred on October 31 due to an error in processing a block reorganization in the Ethereum network. As a result, the protocol returned a deposit of 10 ETH to the user twice. The affected party has already returned the excess funds to the developers.

The system failure revealed a potential vulnerability that attackers could exploit for double-spending. To prevent possible attacks, the team took preemptive measures to halt operations.

The temporary pause affected the following networks:

• Bitcoin
• Ethereum
• Solana
• BNB Smart Chain
• TRON
• Zcash
• Cosmos
• Bitcoin Cash
• Litecoin
• Dogecoin

Protocol developers are already working on fixing the code and addressing the discovered errors. Exact timelines for the resumption of normal service operations are currently unknown.