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ZachXBT Confirms $10.7M THORChain Exploit; Trading Halted Across BTC, ETH, BSC, Base

Blockchain sleuth ZachXBT confirmed a $10.7M multi-chain exploit draining THORChain across Bitcoin, Ethereum, BSC, and Base on May 15, prompting a global emergency halt and trading pause—revising initial $7.4M-$10.8M estimates. This caps a tense week of crypto security threats: April's record 30+ hacks totaling $630M (Drift $285M, Kelp $292M), 34 wrench attacks ($101M YTD), Bitcoin's 200K ghost nodes raising Sybil fears, North Korea's $2B 2025 thefts ($6.75B since 2016), and AI deepfake surges—partly offset by Binance AI blocking $10.53B for 5.4M users. BTC holds near $81K amid intensifying risks.

Category

Bitcoin

Sentiment

Mixed

Event

Security incident

Reading time

1 min