Trading Stopped on a Cryptocurrency Exchange, 2 Altcoins Collapsed

The temporary halt of transactions on THORChain-based decentralized exchange THORSwap negatively affected the prices of two altcoins.

THORSwap team, the exchange’s used for illegal transactions suspected platform “temporary care” decided to take it.

Following this decision, RUNE, the token of THORChain, a decentralized liquidity network, losing 9% value From $2.10 to $1.88 declined.

THOR, the governance token used by THORSwap, received a much heavier blow. up to 24 hours ago from $0.26 traded THOR, up to $0.15 almost receding lost 40% value.

The reason why the THORSwap team temporarily stopped swap transactions is Individual(s) known as FTX hackers He thinks it may be related to.

The FTX hacker has been working through several networks over the past week, including THORChain. 22,500 Ethereum (ETH) mobilized. In total, the hacker had access to various wallets. More than 163,000 ETH is available.

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