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Nov 3, 2026

THORChain restores cross-chain swaps after weekend halt

THORChain resumed trading on most networks after halting swaps following an Ethereum block reorganization that triggered a bug. The protocol's RUNE token rose approximately 15% following the restoration.

Nov 3, 2026·2 sources
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Top claims

  • ▪Pangolin Intelligence founder Jonty disputed a Nov. 2 Arkham report alleging direct Binance deposits by hackers, explaining that transactions were executed by arbitrage traders utilizing THORChain Asgard vaults
  • ▪Blockchain analytics firm Chainalysis reported that THORChain's network halt inadvertently delayed North Korean hackers attempting to launder funds stolen in a $6.3 billion Binance hack
  • ▪Cointelegraph reported that THORChain networks Avalanche, Base, and XRP were already fully operational prior to the November 3, 2026 swap restorations on networks such as Bitcoin and Ethereum

Topics

Bridge & cross-chain exploitsAnti-money laundering (AML)CryptocurrenciesCrypto securityDecentralized exchange (DEX)EthereumDeFiTHORChain transaction blocking

Related entities

EthereumNorth KoreaEtherXRP Ledger