THORChain Halts 10 Chains, Slows Binance Hack Laundering

THORChain suspended trading across 10 blockchain networks after an Ethereum transaction processing error triggered an unauthorized 10 ETH refund, temporarily disrupting cross-chain swaps used by North Korean hackers laundering proceeds from Binance's $6.3 billion security breach. The October 31 incident prompted an automatic solvency alert and emergency intervention by node operators, who suspended withdrawals and trading while developers investigated the vulnerability. The affected user subsequently returned the 10 ETH, restoring the vault's balance. The disruption also interrupted the movement of stolen Binance assets through THORChain, which had already processed approximately $44 million in transactions linked to the attack.