THORChain Resumes Swaps on Major Chains After Security Pause
THORChain has restarted trading on Bitcoin, Ethereum, and other networks after addressing a refund bug, though some chains remain paused.
THORChain has restarted trading on Bitcoin, Ethereum, and other networks after addressing a refund bug, though some chains remain paused. Bitcoin (BTC) is trading at $76,826.00, down 0.7% since this brief published. This is an original TLT brief based on reporting by Unchained, with live market data added, as of Wed, 04 Nov 2026 00:45:03 UTC.
The incident highlights the ongoing security challenges decentralized exchanges face and the potential risks of money laundering through such platforms.
- THORChain restored Bitcoin, Ethereum, and Tron swaps after a security pause.
- Three blockchain networks remain paused due to the refund bug.
- The platform's vulnerability raises concerns about potential illicit activities.
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- THORChain Resumes Swaps on Major Chains After Security Pause — this brief
THORChain has restarted trading on major blockchain networks, including 
Bitcoin, 
Ethereum, and Tron, after addressing a critical refund bug that prompted a security pause. The platform's THORNode data indicated that swaps on these networks were back online by 3:50 p.m. ET on November 3, as reported by Unchained.
The incident began when a refund bug was discovered, leading to the temporary halt of operations on several blockchain networks. According to Cointelegraph, the platform has since restored trading on most of the affected networks, though some chains remain paused.
Unchained's coverage, based on an episode recorded on November 2, suggests that the situation was more severe, with 10 chains reportedly halted. The outlet also highlighted concerns from Pangolin Intelligence's founder, Jonty, who warned that node operators restarting the platform might be doing so with the expectation that North Korea could use the platform to launder billions in stolen funds.
The broader context of this incident involves the ongoing challenges decentralized exchanges face in maintaining security and preventing illicit activities. The vulnerability exposed by the refund bug raises questions about the platform's resilience and the potential risks associated with decentralized finance.
In the current market context, Bitcoin is trading at $77,367, up 0.86% in the last 24 hours, while 
TRON is at $0.321467, up 0.70% in the same period. The overall crypto market cap stands at $2.66 trillion, with the Fear & Greed Index at 34, indicating a 'Fear' sentiment.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $77,367.00 to $76,826.00 — -0.70%.
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 ≈ ₦106.33M (about $76,826.00), down 0.2% 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 Swaps on Major Chains After Security Pause — questions & answers
What caused THORChain to halt trading?
A refund bug prompted the temporary halt of trading on several blockchain networks.
Which networks are still paused on THORChain?
Three blockchain networks remain paused, according to Cointelegraph.
Why is the incident concerning for users?
The incident raises concerns about potential money laundering and the platform's security vulnerabilities.
How much is 1 Bitcoin worth in naira today?
About ₦106.33M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $76,826.00. 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 0.70% since this brief first published — trading at $76,826.00 now versus $77,367.00 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 Unchained. 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.