RUNE Coin Loses 11% After Hackers Drain $7.6M From THORChain's 'Chaosnet' Exploit

What Happened: Decentralized liquidity protocol THORChain (CRYPTO: RUNE) halted operations after losing $7.6 million in a recent exploit. The protocol estimated a loss of around 4000 ETH (CRYPTO: ETH), which was compromised as a result of a hack on its blockchain.