Crypto▼ bearishImpact 8/10
Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data·

✦AI Analysis
Thorchain has suspended trading following a $10 million exploit affecting its cross-chain functionality, resulting in a 12% drop in the value of its RUNE token. This incident raises concerns about the security of decentralized finance platforms and could impact investor confidence in the sector.
Key Topics
ThorchainRUNEDeFicross-chain
Originally reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Read the full article ↗