16 May 2026 - 12:20
Category: Breach
THORChain Discovers Vaults Aren't
THORChain has been forced to pause its entire existence because someone worked out how to reconstruct private keys. It is almost as if putting everything on a chain has downsides.
Source: RootData
The Full Story
A rather enterprising operator managed to turn a newly joined node into a master key to the vault, leaving the entire network in a state of embarrassed suspended animation. While trading and liquidity are currently as non-existent as the security of those private keys, the community is busy discussing how much less they should trust their peers. We protect ourselves from this particular brand of innovative chaos by simply watching the fire from a very safe, non-blockchain distance.