TREE NEWS update: THORChain has kept ZEC swaps halted after a bug triggered a vault slash, with onchain records showing about 140 RUNE deducted from 18 node accounts. A fix is scheduled for the v3.21 upgrade around Oct. 23.
THORChain Halts ZEC Swaps After Bug Triggers Vault Slash
AI take
The significance here is less the size of the slash than the mechanism: a bug caused a protocol-level penalty against node operators, which is the kind of event that tests confidence in THORChain's security model rather than its liquidity. Node operators bear the direct cost, while ZEC users face a swap outage with no stated restoration date beyond the pending upgrade. The open question is whether the v3.21 fix closes the underlying flaw cleanly, and whether a vault-slash incident of this type affects how node operators weigh the risks of bonding capital to the network.
Generated by AI for reference only.
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