THORChain approves ADR028 as RUNE holders await network restart
THORChain said developers and security teams are still working to bring the network back online after the May 15 incident. THORChain nodes approved ADR028, moving the network closer to a staged restart after the exploit.The hacker bounty is now active, while protocol-owned liquidity is expected to cover remaining losses.Developers are preparing v3.19.0 testing as tss-lib enters a temporary closed security audit period. In its latest update, the protocol said the focus is on restoring the network safely, “without rushing any steps.” The update comes after THORChains official exploit report said the network lost about $10.7 million from one of five vaults. The report said a newly churned node operator entered the network two days before the exploit and used a GG20 Threshold Signature Scheme vulnerability to drain the affected vault. The remaining four vaults were not affected. THORChain said nodes have upgraded to v3.18.1, a patch that also restores Rujira Networks ability to manage credit accounts, including borrowing and repayments. The next step is cutting and testing v3.19.0, which will include more changes before any mainnet push. The protocol said the release is expected to move to stagenet by the end of the following day, but added that an “exact timeline is yet to