Question 1

How much was stolen in the THORChain exploit?

Accepted Answer

Approximately $10.7 million was drained from a single vault on May 15, 2026, according to THORChain's exploit report. Security firm PeckShield's estimate was roughly $10 million, including 36.75 BTC and about $7 million in assets from Ethereum, BNB Chain, and Base.

Question 2

What caused the THORChain hack?

Accepted Answer

The attacker, a newly joined node operator, exploited a vulnerability in THORChain's GG20 threshold signature scheme to reconstruct a full vault private key and sign unauthorized transactions, according to the protocol's official incident report.

Question 3

What is ADR-028?

Accepted Answer

ADR-028 is a governance proposal published on May 22 that outlines a recovery and restart plan for THORChain after the exploit. Node operators are voting on whether to adopt it, and it calls for the protocol to absorb losses through its own reserves.

HPYE

THORChain node operators vote on network restart plan after $10.7 million vault exploit

One sharp brief.
Every day.

HPYE

THORChain node operators vote on network restart plan after $10.7 million vault exploit

One sharp brief.Every day.

One sharp brief.
Every day.