1H
-0.32%$0.0043
24H
-1.22%$0.0167
7D
2.28%$0.0301
30D
20.5%$0.2299
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds.
North Korea’s Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers and DEXs.
In January, THORChain paused Bitcoin and Ethereum lending to prevent misuse, as part of a $200 million debt restructuring.
THORChain (RUNE) decentralized exchange (DEX) volume has shot up a massive 300% in the past seven days alone.
Bybit exchange is on a recovery mode as the hackers behind the exploit have laundered $250 million of the funds.
THORChain describes itself as a decentralized liquidity network that allows users to swap assets instantly at manipulation-resistant market prices. Swaps are done through permissionless cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can monitor pool prices and earn by arbitraging back to fair market prices. Projects can reportedly stake their treasuries to give their tokens deep liquidity.
IGO stands for Initial Game offering, a new business model that combines the video game industry with crowdfunding. By combining these two industries, IGOs can reach out to their audience and gain more revenue by selling virtual items. This guide will go into detail about what an IGO is.
Anyone who wishes to carry out regulated cryptocurrency-related transactions within the state of New York or with parties within New York must have a BitLicense. In the guide, find what it is, why it was created, and how to receive it.
