$RUNE SECURITY PRESSURE JUST SPIKED 🚨
THORChain is under fire after proposing to keep the patched GG20 signing framework instead of fully replacing it after a $10.7M exploit. Automated safeguards froze cross-chain transactions, node operators halted the network, and the vulnerability was patched within two hours.
ADR028 routes losses through internal liquidity first, with remaining impact pushed to synth holders. No extra $RUNE minting or selling is planned, while reserves rebuild from protocol earnings.
This is a confidence battle now. The protection system worked fast, but GG20 trust took a direct hit. Complex signing frameworks stay under the microscope when real capital gets exposed.
Not financial advice. Manage your risk.
#BinanceSquare #CryptoNews #RUNE #DeFi #THORChain
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