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      ThorChain Implements Network Interruption as Security Measure

      ThorChain, a cross-chain liquidity protocol, has announced a temporary network interruption designed as an emergency security mechanism. This measure is intended to enhance the overall security of the protocol and is not a selective freeze of specific funds or a targeted action against individuals.

      The decision follows a significant security incident in May 2026, during which approximately $10.7 million was stolen from the liquidity pool. At that time, the address of the attacker was not blacklisted, allowing it to continue trading on the ThorChain platform. ThorChain emphasizes its commitment to being a permissionless blockchain platform, which is built on principles of non-censorship and open access for all users.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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