Tag: News

RUNE Plunges 30% as THORChain Pauses Bitcoin, Ether Withdrawals

Interblockchain settlements protocol THORChain paused bitcoin (BTC) and ether (ETH) withdrawals on its lending and savers programs to prevent a potential insolvency risk. Network node operators proposed and implemented a 90-day pause in early Asian hours on Friday, to formulate a plan to resolve debts, messages from THORChain’s Telegram...
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TORN Enjoys Uptick After Court Overturns Tornado Cash Sanctions

TORN, the native token of beleaguered crypto mixer Tornado Cash, enjoyed a brief renaissance over the last two days following news that a court had overturned sanctions imposed on the platform by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). Initially trading around the $9.50 level on...
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How Will Crypto Markets React as $3B in Bitcoin Options Expire Today?

Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This week’s expiry event is slightly larger than last week’s, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a...
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