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THORChain Resumes Trading After Recovering From $10.7 Million Exploit
THORChain restored trading services following extensive security reviews and verification. Exploit drained $10.7 million from one Asgard vault only. Monero testing progresses while Zcash support and upgrades advance. THORChain has restored full trading operations across its network, ending a shutdown that lasted more than five weeks. According to an update shared by the protocol on X, signing,…
THORChain Price Analysis 2026-2030: Evaluating The $10 RUNE Target
A factual analysis of THORChain's technology, market position, and key factors influencing RUNE price predictions for 2026-2030, including the feasibility of a $10 target.
➤ THORChain is a decentralized cross-chain liquidity protocol enabling native asset swaps without wrapped tokens, positioning itself as key infrastructure in the multi-chain ecosystem. ➤ Factors influencing RUNE's price include adoption of cross-chain technology, network security, macroeconomic conditions, regulatory clarity, and RUNE's tokenomics. ➤ A $10 RUNE price target by 2030 is considered speculative, requiring significant growth in network usage, market capitalization, and favorable market conditions.
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DeFi & L1L2 — Pump.fun dominates Solana’s fee generation; SEC to introduce a tokenized stock regulatory framework
Pump.fun dominates Solana’s fee generation. SEC to introduce a tokenized stock regulatory framework. THORChain, Verus Protocol, and Echo Protocol suffered exploits.
➤ Pump.fun has become Solana's largest fee generator, despite a broader meme coin slowdown, while the SEC is developing a regulatory framework for tokenized stocks. ➤ Several DeFi protocols experienced exploits, including THORChain and Echo Protocol, while Aave has restored LTV ratios and proposed a charitable yield layer. ➤ Key developments include Crypto.com's UAE license, Société Générale's integration with Canton Network, and Fidelity's tokenization of a money market fund.
Warsh Confirmed as Fed Chair; Clarity Act Advances; THORChain Hit for $10M
Warsh takes the helm as market and policy questions mount Kevin Warsh was confirmed this week as the 11th chair of the Federal Reserve in a 54-45 Senate vote, ending a contentious transition and setting the stage for a potentially different policy posture at the central bank. The...
➤ Kevin Warsh confirmed as new Federal Reserve Chair, signaling a potentially different policy stance that could impact crypto market liquidity. ➤ The Senate Banking Committee advanced the Digital Asset Market Clarity Act, aiming to reshape crypto regulation and stablecoin oversight, though passage remains uncertain. ➤ THORChain halted operations due to a suspected $10M exploit, highlighting ongoing security risks in DeFi, while AI advancements pose new software security challenges.
THORChain Hack Exposes Major Security Flaw as $10M Recovery Plan Launches
THORChain paused trading quickly after attackers drained millions across four blockchains. Investigators linked leaked vault keys and suspicious nodes to exploit operations. Rising crypto hacks increase pressure on THORChain recovery and security improvements. THORChain has confirmed that attackers exploited weaknesses tied to its vault infrastructure, draining nearly $10 million across multiple…
