CoinTelegraph
Thorchain, the decentralized cross-chain liquidity protocol, has been exploited across at least four major networks — Bitcoin, Ethereum, BNB Smart Chain, and Base — with losses exceeding $10 million, according to on-chain investigator ZachXBT.
The multi-chain nature of the attack is the detail that stands out: hitting four separate networks simultaneously suggests either a vulnerability in Thorchain's core routing logic or a coordinated exploit of a shared component across its chain integrations. Cross-chain bridges and liquidity aggregators have historically been the highest-value targets in DeFi, and Thorchain's architecture — which holds native assets rather than wrapped equivalents — means real BTC, ETH, and BNB are at risk.
No official post-mortem or patch confirmation has been issued at time of writing. Users with active liquidity positions or pending swaps on Thorchain should…
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