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DeFi exploit wave 2026Update 9 of 24
THORChain Restarts After $10.7M Exploit

THORChain Resumes Trading After $10.7M Exploit and Month-Long Halt

AltsJun 24, 2026

A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and MEV bots—is draining hundreds of millions and pushing 2026 toward record hack losses.

THORChain resumed trading operations after a month-long trading halt that followed a $10.7 million exploit of the protocol. No specific recovery or remediation details were disclosed alongside the resumption announcement. The incident was counted as part of the record 83 security breaches recorded in Q2 2026.

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