THORChain in massive $200m debt; pauses network for restructuring votes

thorchain-in-massive-$200m-debt;-pauses-network-for-restructuring-votes
THORChain in massive $200m debt; pauses network for restructuring votes

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.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post
analysts-predicts-bitcoin’s-current-support-level-$97k;-could-it-hit-a-new-ath-soon?

Analysts predicts Bitcoin’s current support level $97K; could it hit a new ATH soon?

Next Post
trump-meme-coins-crash,-elizabeth-warren-demands-investigation

TRUMP meme coins crash, Elizabeth Warren demands investigation

Related Posts