Cryptosimo

#THORChainRecoveryEntersFinalPhase THORChain Recovery Enters Final Phase after the May 15, 2026 vault exploit that drained ∼$10.7M due to a GG20 threshold signature vulnerability. The network was paused immediately to prevent further loss. Recovery plan v3.19.0 is now in review, combining security patches with ADR-028 economic loss recovery. Key features include vault quarantine to isolate compromised vaults, validator keyshare verification via "keyverify" protocol, and phased service restoration. Losses will be covered by protocol-owned liquidity and synthetic asset holders with no new RUNE minting to avoid dilution. Validators are completing security checks before mainnet restart. Current RUNE price is $0.405. This critical phase tests THORChain's decentralized governance and security model as it prepares for full operations.