Thorchain Faces Insolvency, Halts Redemptions

Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimed […]

source https://news.bitcoin.com/thorchain-faces-insolvency-halts-redemptions/