Share this article
THORChain Resumes Operation After 20-hour Outage
User funds were not impacted after the Cosmos-based blockchain halted due to a software bug.
By Sam Kessler
Updated Oct 28, 2022, 5:39 p.m. Published Oct 27, 2022, 7:55 p.m.
THORChain – a blockchain in the Cosmos ecosystem focused on providing cross-chain liquidity – resumed operations on Friday after halting as the result of a software bug.
THORChain’s development team initially tweeted that it was aware of an outage on Thursday, noting that developers “identified the likely cause due to a unique transaction type (nothing to do with solvency).”
STORY CONTINUES BELOW
Devs are aware of a chain halt and have identified the likely cause due to a unique transaction type (nothing to do with solvency).
— THORChain (@THORChain) October 27, 2022
An update will be posted as soon as there is more confirmed information.
In an email to CoinDesk on Friday morning, a representative for THORChain said "[a]s of 10:20 AM (ET) on Friday, the network pause has been lifted and THORChain mainnet is once again producing blocks. Trading will remain paused until the outbound queue has been cleared. Once all pending outbound transactions have been processed, trading will be resumed."
"The issue was found to be caused by a combination of cosmos.Uint string in memo handling and how splitting the swap queue across blocks larger than a certain size occurred," the representative wrote.
Chain halts are atypical for most blockchains; reliability and consistent uptime is generally cited as a key advantage of decentralized networks over centrally controlled alternatives. THORChain's outage lasted for around 20 hours, in total.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
New React bug that can drain all your tokens is impacting 'thousands of' websites
Attackers are using the vulnerability to deploy malware and crypto-mining software, compromising server resources and potentially intercepting wallet interactions on crypto platforms.
What to know:
- A critical vulnerability in React Server Components, known as React2Shell, is being actively exploited, putting thousands of websites at risk, including crypto platforms.
- The flaw, CVE-2025-55182, allows remote code execution without authentication and affects React versions 19.0 through 19.2.0.
- Attackers are using the vulnerability to deploy malware and crypto-mining software, compromising server resources and potentially intercepting wallet interactions on crypto platforms.
Top Stories
