🧵 1. 🚨 ThorSwap halts trading amidst pressure! The FTX hacker allegedly used Thorchain's decentralized liquidity pools, raising concerns about security. #crypto
🧵 1. 🚨 ThorSwap halts trading amidst pressure! The FTX hacker allegedly used Thorchain's decentralized liquidity pools, raising concerns about security. #crypto
🧵 2. 🤔 Thorchain faces scrutiny as it becomes a conduit for stolen ETH. Decentralized protocols must now navigate the responsibility of stopping hackers.
🧵 3. 💔 Rift in Thorchain community as trading suspension sparks debate on decentralization. The future of this cross-chain trading project hangs in the balance.
🧵 4. 💡 Thorchain's potential for price efficiency and trustless asset conversion stands out, providing a dreamlike experience for traders. Will more crypto enthusiasts become "ThorChads"?
🧵 5. ⚠️ ThorSwap forced to close under pressure from recent hacker activities. Thorchain's involvement in bridging stolen funds remains unclear.
🧵 Read more at @khaleelkazi's blog: https://leofinance.io/@khaleelkazi/thorswap-halts-trading-is-this-the-beginning-of-the-end-for-thorchain