Thorchain

THORChain, a decentralized layer-one liquidity protocol, is working to provide secure decentralized finance (DeFi) services for Bitcoin in a safe and sustainable manner. The project aims to establish a lasting legacy by offering swapping, earning, and borrowing capabilities for Bitcoin, Ethereum, BNB, Cosmos, and other cryptocurrencies. THORChain emphasizes its commitment to being around for decades, allowing users to participate or opt-out as desired. The protocol serves as infrastructure for top wallets and exchanges, facilitating decentralized liquidity.

THORChain, a decentralized liquidity protocol, has expressed its view that the migration of trading volume from centralized exchanges (CEXs) to decentralized exchanges (DEXs) will be a slow process that could take up to 10 years to unfold. However, the team believes that this transition will ultimately be 'glorious.' THORChain emphasizes that the DEXs being built now are laying the foundation for future generations of cryptocurrency users, which could potentially encompass everyone.

Bitcoin's liquidity is expected to decrease as more of the cryptocurrency is being moved off exchanges and into cold storage. This reduced liquidity could lead to increased volatility in Bitcoin's price. Threshold Crypto (TC) is attempting to reintroduce liquidity into the market and capitalize on the potential price swings.

Coinbase Institutional Exchange has announced the listing of perpetual futures contracts for Fantom (FTM) and THORChain (RUNE) tokens. These are the first perpetual futures offered by Coinbase for assets that do not have spot markets on the main Coinbase exchange. The new listings come ahead of the 'Sonic Season' for THORChain, a decentralized liquidity protocol facilitating swaps, earning, and borrowing across multiple blockchain networks.

In an upcoming development, network flags that were previously paused will be unpaused and re-enabled for swaps on a decentralized layer 1 liquidity protocol. This protocol facilitates swapping, earning, and borrowing of various cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and Cosmos, among others. It serves as an infrastructure for top wallets and exchanges.

THORChain, a decentralized layer-1 liquidity protocol, has announced an update to its protocol version. The active protocol version has been upgraded from 1.129.0 to 1.130.0, with all 102 active nodes now running the new version 1.130.0. THORChain enables users to swap, earn, and borrow various cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and Cosmos, among others. It serves as an infrastructure for top wallets and exchanges.

THORChain, a decentralized liquidity protocol, recently experienced a temporary pause in certain on-chain features like MsgSend and MsgDeposit due to a feature flag mechanism. This mechanism allows the protocol to address potential issues by turning specific features on or off. In this case, L1 swaps were paused to prevent degraded arbitrage opportunities from streaming swaps. However, swaps themselves were not affected. THORChain's core features have these flags to address any issues that may arise. The chain remains fully operational and is about to undergo an upgrade.

THORChain, a decentralized liquidity protocol, reported a vulnerability and halted trading operations. Within two hours, a patch was released to address the issue. Four hours later, 80% of the network's nodes had successfully updated to the latest patch, allowing trading to resume. The THORChain community demonstrated resilience and efficiency in responding to the incident.

A security vulnerability was discovered in a new Trade Accounts feature that could have been exploited by depositing multiple coins into the protocol. The development team has addressed this issue by invalidating such transactions. A patch is being prepared and will be released shortly, allowing nodes to update. As a precautionary measure, the protocol has a pause flag for various transaction types, including deposits, swaps, savings, and lending, which can be triggered by any node or Mimir for safety.

THORChain, a decentralized liquidity protocol, has temporarily halted its operations following a security disclosure. The protocol, which facilitates swapping, earning, and borrowing of various cryptocurrencies like Bitcoin, Ethereum, and Binance Coin, took this precautionary measure to address the reported security issue. THORChain acknowledged the effectiveness of its bug bounty system in identifying the vulnerability. Further details regarding the nature of the security disclosure and the timeline for resuming operations are yet to be provided.