THORChain’s RUNE token rose about 15% over the past 24 hours as the cross-chain swap protocol restored trading on most networks following a weekend halt triggered by an Ethereum block reorganization.
RUNE rallies 15% as THORChain restarts most swaps after outage
THORChain restored trading on Bitcoin, Ethereum and several other networks after an outage linked to a refund bug. RUNE rose 15% as most swaps resumed, though three chains remain paused.
Cointelegraph by Felix Ng
Publisher Cointelegraph
Nov 3, 2026 at 11:56 PM UTC · 1 분 소요
Entities
bitcoin, ethereum
Market Impact
Total MCap+1.35%
Last Updated
2분 전
번역 중…
THORChain (RUNE) was trading at around $0.64 on Wednesday, up approximately 15% over the previous day, according to CoinMarketCap.
THORChain’s network status page showed trading and transaction signing marked “OK” on 10 of its 13 listed external networks. BNB Smart Chain, Cosmos Hub and Solana continued to show warnings for both functions.
Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, Tron and Zcash were among the networks showing trading was re-enabled. Avalanche, Base and XRP were already operating when Cointelegraph reported on the halt on Monday.
Ethereum reorg exposed refund bug
The disruption began on Saturday when a one-block Ethereum reorganization removed a 10 Ether deposit that THORChain had already credited, according to the protocol’s account.
Ethereum moved from $2,697.24 to $2,269.52 over the last 30-day period, a decline of 15.9 percent.
Source: Kraken · NewsLayer Markets · Updated 몇 초 전
After the swap failed to meet its price limit, THORChain issued a refund against funds its vault had never received. The sender’s actual deposit was also refunded, resulting in an extra 10 ETH payout and triggering an automatic pause.
Node operators subsequently paused trading across multiple networks while developers investigated.
The halt also disrupted attempts to move funds stolen in the $6.3 billion Binance hack, according to blockchain analytics company Chainalysis, which said the pause had inadvertently delayed laundering by North Korean hackers.
The partial restart restores access to several cross-chain swap routes.
Related: THORChain halts swaps after block reorg bug, slowing Binance hackers
빠른 답변
Why did THORChain pause swaps?
THORChain paused activity following an outage associated with a refund bug.
Which networks have resumed trading on THORChain?
Trading has been restored on Bitcoin, Ethereum and several other networks. The excerpt does not identify all of the restored networks.
Are all THORChain swaps back online?
No. Most swaps have restarted, but three chains remain paused.
Sourced by
Originally reported by Cointelegraph
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Ethereum
ETH
$2,270
+0.67% (24H)
Market Cap
$277.7B
Circulating Supply
122.2M ETH
24H Volume
$8.0B
24H High
$2,305
Article Intelligence
Related Coverage
CryptoStrategy ($MSTR), Bitmine ($BMNR), Strive ($ASST) Continue Accumulating Bitcoin and Ethereum Despite Binance Hack2시간 전 · 1 min read
CryptoMercado Bitcoin Stays Paused After Hack, Says $12.9M of $36.3M Blocked한 시간 전 · 1 min read
CryptoBitcoin Price Prediction: Is $70K Next After US Strikes on Qeshm Island? AlphaPepe Passes $3.28M in Presale Funding한 시간 전 · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
