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Published on 2026-06-23 | 1 hour ago

THORChain Returns After Month-Long Shutdown With Major Upgrades Ahead

THORChain resumes trading after security upgrades and extensive vault checks. New recovery tools and keyshare verification strengthen network protection. Monero and Zcash integrations aim to expand cross-chain trading options. THORChain has resumed trading operations after more than a month offline following a security incident that disrupted network activity. The decentralized cross-chain liquidity protocol restored core services after completing extensive security checks and infrastructure upgrades. The restart marks a significant step in the network’s recovery while setting the stage for new features and expanded asset support. THORChain Restores Trading After Security-Focused Recovery THORChain announced that trading, swaps, liquidity provider actions, signing, and churning services are fully operational once again. The network had suspended activity after a May exploit resulted in the loss of approximately $10.7 million from one vault. The protocol stated that the recovery process prioritized security and stability instead of a rapid restart. As a result, teams completed extensive verification procedures before bringing the network back online. According to THORChain, every vault underwent verification while all node keyshares were reviewed before trading resumed. These measures were introduced to reduce risks and strengthen network reliability after the incident. Trading is live again on THORChain. After more than a month offline, the network is fully back. Signing, churning, secured and trade assets, LP actions, and swaps are all up and running. The world's leading Bitcoin DEX is open for business once again. This recovery was never… — THORChain (@THORChain) June 23, 2026 The exploit affected one of the protocol’s vaults, while the remaining vaults continued operating without compromise. However, the event prompted developers and validators to implement additional safeguards before restoring services. The network also completed a migration process that retired older vault infrastructure. Consequently, the transition supported the deployment of enhanced security mechanisms across the protocol. Validators approved software upgrades that introduced new recovery tools and protective measures. These updates included compromised-vault quarantine functions and additional verification procedures designed to improve operational security. New Asset Integrations and Liquidity Improvements Planned Following the restart, THORChain outlined several upcoming developments aimed at expanding network functionality. Among the most anticipated additions is native Monero support, which is already undergoing end-to-end testing. The protocol indicated that Monero swaps are approaching launch readiness after successful testing phases. Meanwhile, support for Zcash is expected to follow as part of the next stage of development. THORChain also plans to introduce dynamic fee mechanisms to improve trading efficiency across the network.  In addition, the protocol intends to strengthen liquidity depth to support larger trading volumes. These upgrades are expected to enhance the user experience while increasing overall market activity. Furthermore, they could help attract new participants seeking decentralized cross-chain asset swaps. The reopening represents an important milestone for THORChain after weeks of recovery efforts. Market participants will now monitor network stability, security performance, and the adoption of upcoming features as the protocol progresses. The post THORChain Returns After Month-Long Shutdown With Major Upgrades Ahead appeared first on Live Bitcoin News.

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