Tags: THORChain

Despite a huge spike from the Bybit hack, THORChain’s swap trend was downward.

Bitcoin’s recent rally toward $40,000 could further fuel traders‘ bullish sentiment for KAS, RUNE, MNT and RNDR.

THORChain $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among non-centralized exchanges.

BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher.

Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06.

According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain.

THORChain‘s leading exchange also updated its terms of service, introducing new blocks on countries sanctioned by the United States.

Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR.

Bitcoin is searching for stability in the $25,000 zone, meanwhile, HBAR, OP, INJ and RUNE price looked primed for further upside.

Best Crypto to Buy Now August 17 – THORChain, Kava, Cosmos

Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin

Best Crypto to Buy Now August 15 – THORChain, XinFin, Hedera

THORChain has once again halted its network, taking action as a precautionary measure while verifying reports on a potential network vulnerability.

As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges.