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Skip to content THORChain Bitcoin update cuts confirmations from 3 to 2, and may boost RUNE crypto. Will it spark a recovery after the January 2025 crash? When RUNE, the token that powers THORChain, began surging in early November, no one expected the rally to stall in mid-December. Later, the collapse in January 2025 came as a sucker … Read more
THORChain encountered some difficulties in 2025, including announcing insolvency in January. The company made an announcement on X, revealing that it had temporarily paused its network due to significant debt and leverage problems affecting its ecosystem. We’ll take a closer look at how these events might impact the token’s future in our THORChain price prediction. … Read more
THORChain token is flashing a bearish signal, forming a bearish flag pattern that suggests further downside even as swap volume surges. THORChain (RUNE) was trading at $1.3050 on Friday, down 82% from its November peak. It is hovering near its lowest level since November 2023 and remains 90% below its all-time high. RUNE has plunged … Read more
THORChain developer Pluto announces his departure after a vote to block North Korean hacker-linked transactions was reverted. A validator is also threatening to exit unless the protocol can stop the flow of hacker funds. In a recent post, Pluto declared that he will “no longer be contributing to THORChain.” However, the core developer stated that … Read more
Bybit’s illicit funds laundering has earned THORChain almost $3 billion in trading volume and $3 million in fee revenue. THORChain (RUNE), a cross-chain swap protocol, saw a massive surge in activity as the Bybit’s hacker laundered funds through its platform. According to on-chain analyst Yu Jin, the hackers, the North Korean Lazarus group, converted the … Read more
THORChain is trying to prevent a crisis. With Thorchain block rewards down 99%, will RUNE price recover or drop even further as validators exit? THORChain allows users to swap tokens across multiple chains. For example, you can swap ETH for BTC cheaply and securely. While this service is still available, the team expanded its offerings, … Read more
RUNE, .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d the native token behind the Layer-1 network, THORChain continues to plummet amid concerns of mounting financial issues. One week ago today, RUNE was trading at around $2.45, per Coingecko. Today, its holders are waking up to see … Read more
Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain’s liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million. This move has drawn parallels to the 2022 collapse of Terra/Luna, with Sunny Aggarwal, Co-Founder of Osmosis, a … Read more
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. In DeFi, ecosystem debt occurs when a blockchain owes more tokens than it holds, as seen with THORChain’s current situation. This often results … Read more
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