News analysis
THORChain pauses swaps across ten networks after block reorg bug
· By MyCryptoSignal Editorial · 350 words
Cointelegraph reports that THORChain node operators halted swaps for assets on ten networks, including Bitcoin, Ethereum, Solana and Tron, after a block reorg bug. The same report says the pause slows the movement of funds linked to the Binance hackers.
The halt covers swaps involving assets issued on ten separate networks, according to Cointelegraph. Node operators, not a single company, took the step, which the report ties to a block reorg bug rather than to a change in protocol rules or a governance vote.
Cointelegraph also links the suspension to the flow of funds connected to the Binance hackers, describing the pause as slowing that movement. The report was published on 2 November 2026 and carries no named author. The summary does not state when swaps will resume, how much value is affected, or which of the ten networks are most exposed.
As of 09:17 UTC, RUNE traded at $0.530414, down 15.97% over 24 hours, according to our collected data. The token has given back 15.09% over seven days and 28.18% over 30 days. Its 24-hour range ran from $0.496562 to $0.632303, with an RSI of 37 and a down trend. Support sits at $0.494 and resistance at $0.613.
Bitcoin held at $78,218, up 0.05262% on the day, but down 2.25% over seven days and 7.56% over 30 days. Its 24-hour range was $77,599 to $78,728, with an RSI of 54.2 and a flat trend; support is $77,628.90 and resistance $78,135.20. Ethereum traded at $2,296.25, up 1.01% on the day, down 0.90% over seven days and 14.39% over 30 days, between $2,250.90 and $2,309.52, with an RSI of 58.3 and an up trend. Total market cap stood at $2.476 trillion, up 0.04%, with Bitcoin dominance at 63.5%.
RUNE's 24-hour decline of 15.97% is far larger than Bitcoin's 0.05262% move or Ethereum's 1.01% gain, and it sits below both its seven-day and 30-day levels. The halt affects swaps across ten networks, so the reach of the pause is wider than RUNE's own price. Cointelegraph's report does not say when swaps resume.
Read the full story at Cointelegraph: https://cointelegraph.com/news/thorchain-halts-swaps-after-block-reorg-bug-slowing-binance-hackers
Data, not advice.
Source: Cointelegraph — see our editorial policy.