Thorchain Faces Insolvency, Halts Redemptions
Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimed […]
Go to Source
Author: Frederick Munawa
Related posts:
- Defi More Scalable Than Traditional Finance, New Study Says
- Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
- Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
- Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains