THORChain Resumes Most Swaps After Bug Fix, RUNE Surges 15%
THORChain has restarted most of its cross-chain swaps after addressing a refund bug, causing RUNE to rally significantly.
THORChain has restarted most of its cross-chain swaps after addressing a refund bug, causing RUNE to rally significantly. Bitcoin (BTC) is trading at $76,930.00, down 0.2% since this brief published. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Wed, 04 Nov 2026 01:45:03 UTC.
The resumption of swaps on major blockchains like Bitcoin and Ethereum restores critical functionality for THORChain users and liquidity providers, while the price surge in RUNE reflects renewed confidence in the protocol's recovery.
- THORChain restored swaps on Bitcoin, Ethereum and other chains after fixing a refund bug.
- Three blockchain networks remain paused as the team continues resolving issues.
- RUNE price jumped 15% following the announcement of resumed operations.
- The incident highlights the risks and challenges of cross-chain interoperability.
- Thorchain Emergency Pause Disrupts Cross-Chain Swaps After ETH Reorg
- THORChain Resumes Swaps on Major Chains After Security Pause
- THORChain Resumes Most Swaps After Bug Fix, RUNE Surges 15% — this brief
THORChain has resumed most of its cross-chain swap operations after successfully addressing a refund bug that had previously forced the protocol to halt operations on several blockchain networks.
The restoration of swaps includes major networks such as 
Bitcoin and 
Ethereum, which are crucial for the protocol's functionality and liquidity. However, three blockchain networks remain paused as the development team continues to work on resolving the remaining issues.
The announcement of the resumed operations has been met with a positive market response, with RUNE, the native token of THORChain, experiencing a 15% increase in price. This rally indicates renewed confidence in the protocol's ability to recover from technical setbacks.
The incident highlights the complexities and potential vulnerabilities associated with cross-chain interoperability, which is a key feature of THORChain's platform. The successful resolution of the bug and the resumption of operations are critical for maintaining user trust and the protocol's reputation in the decentralized finance (DeFi) space.
In the broader market context, Bitcoin is currently trading at $77,057 with a slight 0.15% decrease over the past 24 hours, while Ethereum is at $2,267.92 with a 0.37% increase. The overall crypto market cap stands at $2.65 trillion, with the Fear & Greed Index at 34, indicating a 'Fear' sentiment.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $77,057.00 to $76,930.00 — -0.16%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦106.47M (about $76,930.00), down 0.1% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
THORChain Resumes Most Swaps After Bug Fix, RUNE Surges 15% — questions & answers
Which blockchain networks had their swaps restored?
Bitcoin, Ethereum and several other major networks had their swaps restored by THORChain.
Why is RUNE's price increasing?
RUNE's price increased due to renewed confidence in THORChain after the restoration of most swap operations.
What issues remain unresolved?
Swaps on three blockchain networks are still paused as THORChain works to resolve ongoing issues.
How much is 1 Bitcoin worth in naira today?
About ₦106.47M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $76,930.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.16% since this brief first published — trading at $76,930.00 now versus $77,057.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.