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.
Related Posts
Maple Finance ends SYRUP staking and adopts buyback model
Maple Finance is taking a major step toward sustainability as its community backs a proposal to end SYRUP…
Why Peter Thiel’s Founders Fund walked away from an Ether treasury bet
Founders Fund’s exit from ETHZilla highlights volatility, balance sheet strain and the challenges facing public Ether treasury strategies.
XRP price rallies from Fibonacci support, signals bullish momentum
XRP (XRP) is showing renewed strength after rallying from a high-time-frame support zone near $1.74, where multiple technical factors…