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Thorchain halts trading for over a month after $10M hack

June 18, 2026, 2:21 PM
Thorchain (RUNE) has suspended trading for over a month following a $10 million hack, on-chain analyst Specter pointed out. He explained that Thorchain had not previously suspended trading, including simple swaps between ETH and BTC, even when other projects were hacked or faced money laundering allegations. This time, however, all network-wide trading has been completely halted because its own chain was compromised. Specter advised users to exercise caution.

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