News
THORChain generated over $5 million in revenue as Bybit’s $1.4 billion hacker used the protocol for moving funds, sparking controversy over its role in illicit crypto transfers.
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THORChain (RUNE) Crypto News Today
Discover the latest news on THORChain, a decentralized liquidity protocol that enables cross-chain swaps between different cryptocurrencies. Launched in 2018, it facilitates trustless asset trading across blockchains.
THORChain’s protocol allows users to swap assets directly from their wallets without relying on exchanges, thanks to a network of liquidity pools and incentives to liquidity providers. Its native THORChain (RUNE) token is used for governance and as a medium of exchange within the protocol.
Keep up-to-date with all the latest THORChain news, price predictions and analysis with Cointelegraph.
- News
The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters.
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A THORChain dev has backed out and a validator is threatening to follow as North Korean hackers have reportedly sent $605 million worth of crypto through the protocol.
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THORChain's swap volume has hit record highs as the Bybit hack laundering frenzy continues.
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THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.
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THORChain temporarily suspended lending and savers programs to prevent insolvency and safeguard liquidity providers.
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Bitcoin’s bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.
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Ledger will allow users to swap assets across chains in its app using the decentralized liquidity protocol THORChain.
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Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
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DeFi project Kujira has merged with three ecosystem partners to create an alliance to build THORChain’s app layer, which will be backed by a new token.
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The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol.
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Bitcoin’s recent rally toward $40,000 could further fuel traders' bullish sentiment for KAS, RUNE, MNT and RNDR.
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THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.
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BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher.
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Thor Technologies has been instructed to pay $903,193.06, including disgorgement of $744,555 and prejudgment interest amounting to $158,638.06.
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