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THORChain has brought swaps back online across 10 of its 13 external networks, and $RUNE is up 13.7% to near $0.63. The outage traced to a refund bug exposed by a chain reorganization. Which networks are still down ⬇️ The full story:
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THORChain ($RUNE) co-founder Chad Barraford says THORNode operators hold only public data, after the FBI asked node operators and DeFi platforms to block transactions tied to the @binance hack.
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THORChain is expanding throughout the industry... @THORChain's affiliate integration program is taking off. Between January and October, the number of platforms routing swaps through THORChain has grown from just 64 to 79. These integrators have already earned a total of more than $50 MILLION in fees... Access now:
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THORChain shares 20% of the fees on @SwapKitPowered swaps, and SwapKit turns it into cheaper quotes. In its first 12 days, SwapKit routed $18.58M through THORChain, up 24% on the 12 days before. More routed volume means more fees shared, which funds more discounted quotes. Early numbers. The coming weeks will tell more.
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THORChain resumed TRON USDT swaps after about 1.45M USDT was frozen across four of six vaults, researcher @khalkaz reports. The cause remains unclear. Decentralized signing does not remove the issuer’s ability to freeze USDT. Analysis by @akibablade
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thorchain, a network for swaps between coins on different blockchains, earned $3.01m in september, almost 5x august. 63% came in five days as bitget hack funds passed through. but rune burns rose only about 32%, to ~94,000. in september it cut the burn share of income from 5% to 1%. now 59% goes to nodes and liquidity providers and 20% to protocol-owned pools. so more fees mostly fund payouts and pools, and much less rune supply is destroyed.
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Thorchain remains a beast in the cross-chain sector. @THORChain has generated an eye-watering $1.2B in total volume over the past week per DefiLlama, reaffirming its status as a leader in the DeFi sector, some four years on from mainnet launch. Swap now: It remains a go-to venue for users looking for efficient cross-chain swaps, able to convert between top crypto assets like $AVAX, litecoin:native, $XRP, and $ZEC, through to major memecoins like $DOGE.
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THORChain now has an Investor Relations dashboard on @DefiLlama, bringing fees, revenue, bonding, Protocol-Owned Liquidity, and RUNE and TCY supply into a single view. One place for investors and institutions to see how the protocol is actually performing. Our latest article walks through what's on the dashboard and how to read it 👇
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thorchain gg20/tss attack path i reproduced the suspected gg20 leakage mechanics against the tss-lib version they used. it accepts malformed paillier material, exposes a type 5 / type 7 oracle shape, and the go-tss wrapper misses some important checks.
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THORChain incident update #2# We have become aware of multiple fake accounts and false information circulating regarding “refunds”, “airdrops”, compensation claims, and other alleged initiatives. To be absolutely clear: - Initial findings indicate that no user funds were lost in the incident - THORChain is currently conducting no refund, airdrop, or compensation program - Any account claiming otherwise is impersonating THORChain or spreading misinformation. Please rely only on official THORChain communication channels for updates. THORChain contributors are still actively investigating the recent incident alongside THORSec and external security partners. More information will be shared as the investigation progresses.
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