THORChain halts swaps after block reorg bug, slowing Binance hackers
THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron, after a block reorganization bug. The pause is aimed at slowing the Binance hackers who are moving stolen funds through cross-chain swaps. Traders should watch for liquidity dislocations and any spillover to bridge-linked tokens while the halt lasts.