Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay its creditors. As of the time of the post, the total amount of ...
THORChain's live $618,000 BTC swap demonstrates how public blockchains offer full transparency and permissionless access by default.
The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol. The decentralized liquidity ...
Interblockchain settlements protocol THORChain paused bitcoin BTC $83,460.68 and ether ETH $2,676.96 withdrawals on its lending and savers programs to prevent a potential insolvency risk. Network node ...
Jean-Paul Thorbjornsen is a leader of THORChain, a blockchain that is not supposed to have any leaders—and is reeling from a series of expensive controversies.
The attacker used THORChain to bridge stolen ETH to Bitcoin, complicating efforts by exchanges and security partners to freeze the funds. IoTeX confirmed the situation is "under control," and the ...
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders. THORChain plans to establish a RUNE/TCY liquidity pool with $500,000 ...
Cryptocurrencies seem to have benefited from renewed interest following the Federal Reserve's half-point rate cut last week, setting the stage for a "risk-on" environment and potentially a weaker U.S.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices traded past the key $47,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded gains, approaching the key $2,500 mark this morning ...
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $73,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $4,000 mark this ...
If I were a THORChain creditor, I’d withdraw my bitcoin collateral. Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay ...
THORChain's members passed “Proposal6” to convert nearly $200 million of unserviceable debt into equity via a new token, TCY (Thorchain Yield), with a total supply of 200 million tokens. This action ...
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