Key Highlights: THORChain swap fees and revenue dropped 82% below the highs recorded during late September, when illicit flows linked to the Bitget security breach artificially drove up volume. Capital movements from the Bitget exploit accounted for approximately 57% to 63% of THORChain’s total September trading volume and protocol income. The network increased its active ...
Key Highlights Tether quickly reversed the freezing of four THORChain USDT vaults on the TRON network after three hours, restoring access to $1.45 million in liquidity while keeping 19 other addresses frozen. TRON’s USDT supply expanded by 24.7% over the past year to $94.25 billion, elevating the network’s importance for cross-chain liquidity and everyday settlement. ...
Key Highlights: THORChain’s TRON-based USDT vaults holding approximately $1.45 million were temporarily frozen before operations resumed roughly two hours later. Trading, signing, and liquidity actions on TRON halted during the freeze, causing an estimated $363,000 in payouts to become queued. The temporary restriction highlights the ongoing tension between decentralized protocol operations and centralized stablecoin issuer ...
Key Highlights: THORChain has completed the infrastructure work needed to track the Zcash ledger across active network nodes. Liquidity-provider deposits are open, but direct $ZEC swaps remain disabled until the trading engine is activated. Developers warned that low initial liquidity could create substantial slippage, particularly for larger trades. THORChain Completes Zcash Integration Milestone THORChain has ...
Key Highlights $NEAR intercepted and is holding $503,000 linked to the Bitget breach. The incident highlights a growing divide over whether cross-chain infrastructure should screen suspected stolen funds. No public release authority or remedy for wrongly flagged users has been identified. $NEAR’s Bitget screening decision challenges crypto’s permissionless model Shevchenko positioned the blocked $503,000 against ...
Key Highlights: Attackers from the Bitget security incident are moving stolen funds across chains using THORChain, according to SlowMist’s MistTrack platform. Bitget CEO Gracy Chen formally requested THORChain reject transactions from identified attacker addresses, arguing decentralization should not shield illicit fund flows. THORChain responded that its permissionless design mirrors Bitcoin and Ethereum, questioning how much ...
THORChain ($RUNE) Surges 26% After v3.20 Upgrade Enables Privacy Coin Swaps $RUNE rallied more than 26% in the past 24 hours, making it the top gainer among the top 200 cryptocurrencies by market capitalization. The price spike coincided with the launch of the THORChain v3.20 upgrade and a broader recovery across the crypto market. Daily ...