THORChain: User Returns 10 ETH, Vault Restored to Solvency

TechFlow reported on November 2 that, according to an official THORChain announcement, a user has returned 10 ETH that was erroneously paid out due to an Ethereum block reorganization, restoring the affected vault to solvency.

THORChain said that on October 31, a single-block reorganization occurred on Ethereum, and the block containing a 10 ETH deposit was dropped. However, the protocol had already confirmed the deposit and issued a refund after the swap did not meet the price limit. After an automated solvency check detected a shortfall, ETH swaps were suspended, and node operators subsequently paused ETH withdrawals and transactions on other chains.

As of the announcement, trading on AVAX, BASE, RUNE, and XRPL had reopened, while ETH, BTC, SOL, and other chains remained suspended. Core developers are working on fixes, and nodes will decide when to reopen each chain based on security conditions.

Source: TechFlow