# RUNE Rallies 15% Following THORChain Swap Restoration THORChain resumes cross-chain trading on most networks after a critical Ethereum block reorganization bug. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-11-03 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/36f42fe6-e134-4ff4-a2c7-87f6f2522100 ## THORChain Restores Swap Operations THORChain has successfully restored trading functionality across most of its supported networks following a significant weekend halt. The protocol resumed operations for Bitcoin, Ethereum, and several other chains after addressing a critical refund bug. Currently, ten out of thirteen listed external networks are marked as fully operational for trading and transaction signing. ## RUNE Token Market Performance The RUNE token experienced a notable 15% price increase over the past twenty-four hours, reaching approximately $0.64 by Wednesday. This market rally followed the protocol's announcement regarding the restoration of cross-chain swap routes. Investors reacted positively to the news, signaling confidence in the platform's ability to resolve technical disruptions and maintain network stability. ## The Ethereum Reorganization Trigger The disruption originated on Saturday when a one-block Ethereum reorganization occurred. This event removed a 10 Ether deposit that the protocol had already credited to a user. Because the swap failed to meet its price limit, the system issued a refund for funds the vault never actually received, triggering an automatic safety pause. ## Double Refund Mechanism Failure The technical failure resulted in a double payout scenario where the sender received a refund despite the vault missing the initial deposit. This discrepancy forced node operators to pause trading across multiple networks while developers conducted a thorough investigation. The automated safety mechanism effectively prevented further unauthorized outflows during the critical period of instability. ## Current Network Status Overview While most networks are back online, BNB Smart Chain, Cosmos Hub, and Solana remain under warning status for both trading and transaction signing. Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, Tron, and Zcash have successfully re-enabled services. Avalanche, Base, and XRP were already operating normally when the initial halt was reported on Monday. ## Impact on Illicit Fund Movement The unexpected network halt inadvertently disrupted attempts to move funds associated with the $6.3 billion Binance hack. Blockchain analytics firm Chainalysis noted that the pause delayed laundering activities by North Korean hackers. This secondary effect highlights how protocol-level security measures can occasionally impact the movement of stolen assets across decentralized cross-chain swap routes. ## Protocol Resilience and Recovery The incident underscores the inherent risks associated with cross-chain protocols during blockchain reorganizations. THORChain's ability to isolate the issue and perform a partial restart demonstrates the effectiveness of its automated safety protocols. Developers continue to monitor the remaining three paused networks to ensure full system integrity before resuming all cross-chain swap functionalities. ## Strategic Implications for Swaps This event serves as a reminder of the complexities involved in maintaining decentralized liquidity pools across diverse blockchains. The rapid recovery of RUNE prices suggests that market participants prioritize protocol reliability and swift incident response. Future development will likely focus on hardening the refund mechanism against similar block reorganization vulnerabilities to prevent future halts. ## Sources covering this story - https://cointelegraph.com/markets/rune-rallies-15-as-thorchain-restarts-most-swaps-after-outage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._