News · Crypto · Cointelegraph · Mon, Nov 2, 2026 2:00 AM
THORChain Stops Swaps on 10 Networks After Reorg Bug
Image from the source feed · Cointelegraph
THORChain node operators halted swaps across 10 networks, including BTC, ETH, SOL, and TRX, following a block reorganization bug that slowed Binance
THORChain, the decentralized liquidity protocol that enables cross‑chain swaps, has halted all swap activity on ten supported networks after a block reorganisation bug was discovered. Node operators paused trades involving major assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Tron (TRX) while the issue is investigated.
The reorg bug, which temporarily slowed a wave of Binance‑related hacks, raised concerns about the integrity of THORChain’s ledger state. By suspending swaps, the protocol aims to prevent potential loss of liquidity or mis‑execution of trades until the root cause is resolved.
Impact on DeFi liquidity
Cross‑chain liquidity providers rely on THORChain to move value between blockchains. A pause in swaps can reduce the flow of capital across networks, affecting traders who depend on instant, permissionless exchanges. The incident also highlights the importance of robust reorg detection mechanisms in decentralized exchanges.
While the halt is temporary, it may prompt users and developers to evaluate alternative routing solutions and to monitor THORChain’s security updates closely. The event underscores the broader risk profile of DeFi platforms that depend on multiple underlying blockchains.
Based on reporting from Cointelegraph. Read the original.
Read our Bitcoin (BTC) guide: what moves it, the key data to watch and when it trades.
OpenBook analysis
Market impact
The pause could reduce liquidity in cross-chain DeFi markets, prompting traders to seek alternative swap protocols. It may also heighten scrutiny of block reorg handling and influence confidence in THORChain’s security.
Assets in focus
General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections