THORChain Exploited Across Four Chains — Losses May Exceed $10M as Protocol Triggers Emergency Halt!

Blockchain investigator ZachXBT has issued a community alert warning that THORChain was likely exploited across Bitcoin, Ethereum, BNB Smart Chain, and Base, with losses potentially exceeding $10 million. The protocol responded by pausing all trading and executing a global emergency halt across the network.

The multi-chain scope of the attack is the detail that stands out: hitting BTC, ETH, BSC, and Base simultaneously suggests the attacker identified a vulnerability at the protocol routing layer rather than a single chain-specific bridge or pool. THORChain's cross-chain liquidity model — its core value proposition — is precisely what made the surface area so wide.

With the emergency halt now in place, liquidity providers across all four chains face frozen positions until a post-mortem is complete and a patch is deployed. The $10M figure from ZachXBT should be treated as a floor, not…