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THORChain swap volume explodes past $1B after Bybit hack

Coin Telegraph LogoCoin Telegraph20h ago

THORChain swap volume explodes past $1B after Bybit hack - Coin Telegraph

Quick Summary:

THORChain's swap volume has hit record highs as the Bybit hack laundering frenzy continues.

THORChain core dev Nine Realms engineer “Pluto” came to the defense while advocating for responsible measures to address illicit activity.

THORChain enables direct asset swaps across different blockchains, such as exchanging Ether (ETH) for Bitcoin (BTC).

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Article Details

Author / Journalist: Cointelegraph by Yohan Yun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 10:12:36 (20 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26476868

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 439 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "THORChain swap volume explodes past $1B after Bybit hack" has 438 words across 23 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "THORChain swap volume explodes past $1B after Bybit hack" was covered 20 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 439 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/thorchain-swap-volume-explodes-past-17406653036972

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