THORChain hacked
THORChain's Asgard vaults were compromised due to a vulnerability in the GG20 TSS implementation, leading to the loss of approximately $10-11 million in protocol-owned funds across multiple chains. The protocol halted trading and signing, but user funds and LP positions remain safe. THORChain is investigating and has launched a recovery portal.
- Estimated loss
- $10,700,000
- Protocols
- THORChain
- Chains
- Bitcoin, Ethereum, Base, BSC
- Confidence
- High
- First seen
- 15 May 2026, 00:00 UTC