THORChain exploit on May 15 drains over $10M across BTC, ETH, BSC and Base
THORChain (RUNE) was exploited on May 15, with losses exceeding $10 million across Bitcoin, Ethereum, BNB Smart Chain, and Base. More than 36.75 BTC (over $3 million) and $3.54 million in ETH were reported lost, while the attacker reportedly consolidated assets by swapping tokens into ETH and sending them to one wallet. After the incident, the protocol paused trading via an emergency halt, and RUNE fell over 15%, with market cap dropping by more than $27 million to around $182 million.