
“Thorchain Takes Swift Action: Removing Risky Protocol Features and Addressing $199 Million Debt”
THORChain Suspends Bitcoin and Ethereum Withdrawals THORChain, a popular decentralized finance platform, has recently made headlines after suspending Bitcoin and Ethereum withdrawals within its lending and savings programs. This decision comes after reports of a $199 million liability surfaced, causing concern among the platform’s users and investors. Founder’s Disclosure On Jan. 24, THORChain founder John-Paul…