THORChain Pause Halts Swaps After Ethereum Reorganization

THORChain halted swaps across most of its supported networks after an Ethereum reorganization triggered a double refund, while U.S. agencies urged operators to block transactions involving addresses identified in connection with the Binance theft. The incident occurred Oct. 31, when a one-block reorganization on Ethereum led to two refunds involving a 10 Ether (ETH) deposit. THORChain’s emergency pause interrupted cross-chain swaps. “THORChain just inadvertently delayed the laundering of a significant amount of funds stolen from Binance,” Chainalysis said. The Federal Bureau of Investigation said the theft occurred on or about Oct.