Novice o ThorFi

Hackers stole $387.5 million from crypto exchange Bitget on September 24. Part of it is now being turned into Bitcoin through THORChain, which refuses to block it. THORChain lets anyone swap a coin on one blockchain for a coin on another, with no ID...

In a major turn of events that has left its ecosystem reeling, THORChain has declared that it is suspending its THORFi lending services. This portends a 90-day restructuring plan into which the protocol appears to be entering. Those familiar with...

THORChain has suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after reports of a $199 million liability surfaced. On Jan. 24, THORChain founder John-Paul Thorbjornsen disclosed that validator node activities for...