THORChain Responds to $10M Exploit with Recovery Portal
May 16, 2026 at 09:47
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✦ AI Summary
- THORChain suffered a $10 million exploit affecting users
- A recovery portal enables users to revoke malicious approvals
- Refund claims are available across four impacted chains
In response to a significant $10 million exploit, THORChain has introduced a recovery portal to assist affected users. This initiative allows users across four different blockchain chains to revoke any malicious approvals that were granted during the attack.
Furthermore, the recovery portal facilitates claims for refunds, ensuring that those impacted have a pathway to recover their losses. Through this proactive measure, THORChain aims to reinforce trust and security within its community.
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