2021-1-14 12:24 |
DeFi project THORChain (RUNE) recently saw a major price surge that took it up by 35%. The surge came soon after the project was listed on SushiSwap, taking RUNE to its brand new all-time high (ATH). origin »
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While cryptocurrencies displayed gains on Friday, the THORChain community welcomed negative news, which saw RUNE decoupling with substantial losses on its 24-hour chart. DeFi platform halted its lending site THORFI, potentially due to financial instability due to emerging bankruptcy allegations.
On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt.
THORChain (RUNE), once a beacon of potential in the DeFi space, has seen its yearly gains evaporate, while newer entrants like Pepe Unchained (PEPU) and PIPPIN soar. Pepe Unchained and Pippin seem to be riding a trend reversal that has seen most memecoins register modest gains after days in the red. THORChain price: bears in […]
THORSwap, a decentralized exchange (DEX) running on the THORChain network, has faced a steep decline in the price of its native token, THOR, following an incident involving illicit fund movements. The THORSwap token price has plummeted by 55.
ADEX, a global digital exchange platform, has announced a strategic partnership with Unizen, a leading provider of cross-chain decentralized exchange (DEX) and decentralized finance (DeFi) aggregation technology.
LI. FI, a cross-chain liquidity provider, has announced its support for native Bitcoin swaps through ThorChain, according to an Aug. 14 statement shared with CryptoSlate. This integration, facilitated by SwapKit, enhances Bitcoin transfers between Ethereum Virtual Machine (EVM) chains and simplifies the exchange of the flagship asset for other cryptocurrencies within these networks.
THORChain (RUNE) has experienced a significant resurgence, with its price climbing 16. 4% over the past week, reaching $4. 71. This upward trend follows a low of $3. 11, highlighting a notable recovery.