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Cross-chain protocol
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THORChain suffers another attack, losing tens of millions of dollars, RUNE price drops over 10%.
In May 2026, cross-chain protocol THORChain experienced its fourth major security incident, incurring losses of approximately $10 million to $11 million, involving multiple blockchain networks including Bitcoin and Ethereum. The attack stemmed from a flaw in the GG20 threshold signature scheme, causing the price of RUNE tokens to drop by about 11% to 15% within hours of the news breaking. The THORChain team quickly paused the protocol and deployed a patch, emphasizing the security of user funds, but the protocol's security and decentralized stance once again drew industry attention.
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O3 Token Analysis: Distinguishing Projects, Current Status, and Potential Risks
The O3 token is primarily associated with the O3 Swap cross-chain aggregation protocol, which aims to facilitate free trading of assets between heterogeneous chains. However, current market data for the O3 Swap token (O3) shows extremely low trading volume, a tiny market capitalization, and a significant price drop from its historical high. This article will differentiate between projects with similar names and analyze the current status and potential risks of O3 Swap, reminding investors to be aware of its characteristics of liquidity exhaustion.
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RUNE Coin Purchase Channels and Core Value Analysis: THORChain Cross-chain Protocol Token
RUNE is the native token of THORChain, a decentralized cross-chain liquidity protocol designed to enable direct exchange of native cryptocurrencies across different blockchains, without the need for wrapped tokens or centralized intermediaries. RUNE plays a crucial role in the THORChain ecosystem, serving as a settlement asset for liquidity pools, collateral for network security, a governance token, and part of the incentive mechanism. Users can trade RUNE on major Binance, Bybit, and other mainstream CEXs, as well as on THORChain's own decentralized automated market maker (AMM) platform.
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Mynth: Operations to Cease on July 1, Novaswap Hosted Infrastructure to Go Offline
Svmuureports that Mynth has announced it will cease operations. According to the announcement, the team began building the cross-chain protocol three years ago, but protocol usage did not reach the le
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Mynth: Operations to Cease on July 1, Novaswap Hosted Infrastructure to Go Offline
Svmuureports that Mynth has announced it will cease operations. According to the announcement, the team began building the cross-chain protocol three years ago, but protocol usage did not reach the le
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THORChain suffers another attack, losing tens of millions of dollars, RUNE price drops over 10%.
In May 2026, cross-chain protocol THORChain experienced its fourth major security incident, incurring losses of approximately $10 million to $11 million, involving multiple blockchain networks including Bitcoin and Ethereum. The attack stemmed from a flaw in the GG20 threshold signature scheme, causing the price of RUNE tokens to drop by about 11% to 15% within hours of the news breaking. The THORChain team quickly paused the protocol and deployed a patch, emphasizing the security of user funds, but the protocol's security and decentralized stance once again drew industry attention.
-
O3 Token Analysis: Distinguishing Projects, Current Status, and Potential Risks
The O3 token is primarily associated with the O3 Swap cross-chain aggregation protocol, which aims to facilitate free trading of assets between heterogeneous chains. However, current market data for the O3 Swap token (O3) shows extremely low trading volume, a tiny market capitalization, and a significant price drop from its historical high. This article will differentiate between projects with similar names and analyze the current status and potential risks of O3 Swap, reminding investors to be aware of its characteristics of liquidity exhaustion.
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RUNE Coin Purchase Channels and Core Value Analysis: THORChain Cross-chain Protocol Token
RUNE is the native token of THORChain, a decentralized cross-chain liquidity protocol designed to enable direct exchange of native cryptocurrencies across different blockchains, without the need for wrapped tokens or centralized intermediaries. RUNE plays a crucial role in the THORChain ecosystem, serving as a settlement asset for liquidity pools, collateral for network security, a governance token, and part of the incentive mechanism. Users can trade RUNE on major Binance, Bybit, and other mainstream CEXs, as well as on THORChain's own decentralized automated market maker (AMM) platform.
Cross-chain protocol
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