THORChain says the user returned 10 ETH, the vault regained solvency, but transactions on some chains remain suspended
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AT A GLANCE
THORChain says a single-block reorganization caused an erroneous payout of 10 ETH; the funds have been returned, but transactions on multiple chains remain suspended.
Article
THORChain: voluntarily returned by the user 10 ETH, and the vault has regained solvency
PANews November 2 reported that THORChain stated in a post that October 31, Ethereum underwent a single-block reorganization, causing THORChain to mistakenly pay out funds that had never actually been received by 10 ETH. The automated solvency-check mechanism immediately triggered and suspended ETH swaps. Within approximately 2 minutes, node operators further suspended ETH transaction signing to prevent further fund outflows. As a precautionary measure, the nodes subsequently suspended transactions on all relevant chains to allow the core development team to investigate. Currently, the 10 ETH has been voluntarily returned by the user, and the vault has regained solvency. At present, transactions on AVAX、BASE、RUNE and XRPL remain active; the suspended blockchains include ATOM、BCH、BSC、BTC、DOGE、ETH、LTC、SOL、TRON、ZE...
Key points
01
THORChain stated in a post that October 31 Ethereum underwent a single-block reorganization.
02
THORChain says that the reorganization caused it to mistakenly pay out funds that had never actually been received by 10 ETH。
03
The automated solvency-check mechanism triggered and suspended ETH swaps.
04
Within approximately 2 minutes, node operators further suspended ETH transaction signing.
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The nodes subsequently suspended transactions on all relevant chains to enable an investigation by the core development team.
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The report states that the user voluntarily returned 10 ETH, restoring the vault's solvency.
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AVAX、BASE、RUNE and XRPL transactions remain active.
08
ATOM、BCH、BSC、BTC、DOGE、ETH、LTC、SOL and TRON transactions on blockchains such as these remain suspended.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Simply put,THORChain said that, due to a single-block reorganization on Ethereum, the system 10 ETH mistakenly paid funds to a transaction that had not actually been credited. The system then automatically halted ETH swaps, while node operators suspended signing and transactions on relevant chains to prevent further fund outflows. The report says the user has returned the funds, and the vault has now regained solvency.
Why it matters to readers
The incident involved an erroneous payment and transaction suspensions on multiple chains, indicating that, when an anomaly occurs, the protocol needs to rely on automated checks and node operational restrictions to prevent fund outflows. Although 10 ETH has been returned, transactions on some chains have yet to resume.
Beginners using THORChain for cross-chain swaps should check whether the destination chain remains suspended and avoid initiating related operations before service is restored.
Risks and unknowns
The material is PANews' account of a post by THORChain and does not provide the original announcement or independent verification.
The material does not confirm whether the returned 10 ETH has received final on-chain confirmation.
The core development team's investigation results and whether similar errors could recur have not been disclosed.
The list of suspended chains at the end of the original text is truncated, making its full scope impossible to confirm.
Related Developments
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The materials do not specify when trading will resume.
Related concepts
Single-block reorganization
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