THORCHAIN EXPLOITED FOR $10.8M — RUNE CRASHES 12% AS TRADING HALTS
THORChain's cross-chain bridge exploited for $10.8M in crypto losses, triggering a 12% RUNE dump and immediate trading halt. The vulnerability exposed a key weakness in decentralized finance infrastructure just as institutional capital continues testing DeFi's security boundaries.
Major cross-chain exploit with specific dollar loss, token price impact, and immediate market consequences.
Originally headlined: Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%