
Thorchain’s $200 Million Crisis: Can DeFi Protocol Weather the Storm?
Analysis of Thorchain’s $200 Million Insolvency Thorchain, a decentralized finance (DeFi) protocol, has paused its savers and lending programs due to a $200 million insolvency. This move has prevented users from withdrawing Bitcoin, Ethereum, and other crypto assets from the network. As of now, roughly $111 million worth of digital assets has been borrowed through…