DeFi exploit wave 2026Update 9 of 24
THORChain Restarts After $10.7M Exploit
THORChain Resumes Trading After $10.7M Exploit and Month-Long Halt
A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and governance—is draining billions and setting new hack records across the crypto sector.
THORChain resumed trading operations after a month-long trading halt that followed a $10.7 million exploit of the protocol. No specific recovery or remediation details were disclosed alongside the resumption announcement. The incident was counted as part of the record 83 security breaches recorded in Q2 2026.
Related storylines
- Q2 2026 Breaks Crypto Hack RecordsQ2 2026 crypto hack records; THORChain exploit part of 83 breaches
- DeFi Hacks Drain $36M+ in DaysDeFi protocol exploits; multiple hacks draining significant value
1 source
- THORChain Resumes Trading After Month-Long Halt From $10.7M Exploit · thedefiant.io · T2