Kujira Team Develops New THORChain App Layer After ‘Rujira’ Merge
DeFi project Kujira partnered with three ecosystem partners to build THORChain’s app layer with a new token. The decentralized finance (DeFi) network Kujira, along with several of its key ecosystem projects, has decided to merge into a single entity called the “Rujira Alliance.” This new entity aims to create an application layer for THORChain’s cross-chain […]
THORChain (RUNE) Surges to 12-Month High After Q3 Report
THORChain (RUNE), the native token of the decentralized cross-chain liquidity protocol, has surged to its highest level in over a year after releasing its Q3 report, which showed impressive growth in volume and fees. THORChain (RUNE) , the native token of the decentralized cross-chain liquidity protocol, has surged to its highest level in over a […]
ThorChain (RUNE) Bucks Crypto Slump, Jumps 58% in One Week
ThorChain (RUNE) has outperformed the crypto market this week, recording a 58% increase in its price and a 5,160% surge in volume. The protocol allows users to swap native assets between eight different blockchains without intermediaries or wrapped tokens. ThorChain’s impressive performance comes amid a general downtrend in the crypto market, which has seen a […]
THORChain halts network due to potential vulnerability
THORChain, a Cross-chain liquidity platform has once again halted its network, as a precautionary measure to new reports of a possible network vulnerability. THORChain announced through Twitter on March 28 that it has paused all trade due to reports of a potential vulnerability with a THORChain dependency that could harm the network. THORChain stated that […]
Software bug causes THORChain to halt network
A software causing “non-determinism between specific nodes” has caused the Proof-of-bond network and cross-chain exchange THORChain to be suspended. The THORChain team stated that developers were aware of a chain outage and were trying to identify its source at around 8 pm UTC. The company published another update around four hours later, stating that “consensus […]