Trading Resumes on THORChain Five Weeks After $10.7 Million Exploit

• THORChain announced the resumption of full network activities after the latest exploit.
• An attacker drained one of THORChain’s five vaults in May, stealing $10.7 million.
• The DeFi protocol claims its network came back stronger and more stable than before.

According to THORChain, its trading platform is live again with a fully functional network after more than a month of paused operations. In its latest post on X, the decentralized liquidity protocol noted that signing, churning, secured and trade assets, liquidity provider actions, and swaps are all up and running.

A $10.7 Million Exploit in May

THORChain halted activity after an exploit on May 15, which drained approximately $10.7 million from one of its vaults. It took the network over one month to resolve the issues and resume operations. In its comeback announcement, THORChain said the return was not abou…

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