THORChain Reports Attack on Asgard Vault

THORChain has reported an attack on one of its six Asgard vaults, resulting in an estimated loss of $10.7 million. According to Foresight News, the loss involves only the protocol's own funds, with individual user transactions remaining unaffected. The network detected the unusual activity and has paused signing activities to prevent further outbound transactions. Churn activities are currently suspended, and operations requiring churn will be delayed until network stability is restored. THORChain has urged all node operators to immediately check their infrastructure and key management systems for any irregularities. Node operators involved with the affected vault have had their staked RUNE automatically slashed due to the unauthorized outbound transaction. The investigation is ongoing.