#NorthKorea is laundering the ethereum it stole from #Bybit via #ThorChain / #ThorSwap, the crypto company that half imploded a month or so ago due to mismanagement.
They also are using #MarcAndreessen / #a16z's #Uniswap. More on that here: https://universeodon.com/@cryptadamist/112972939274517315
2/ these kind of collapses do make for some incredible price charts... #THORSWAP / #USDT pair is particularly impressive right now. i guess the protocol sort of half crashed earlier and then zombied back to life only to do a final death spiral.
personally i'm kind of loving the idea of "crypto czar" #DavidSacks and the new leadership of the #SEC and #CFTC under #Trump having to explain to the world that this is a legitimate industry that deserves to be fully integrated with the banking system.
also i suspect this to be a #NorthKorea hack (or "highly profitably trading strategy")... just a hunch.
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume - In the past week, trading activity on the decentralized exchange (dex) Thorchain h... - https://news.bitcoin.com/thorchain-rises-to-third-in-decentralized-exchange-rankings-hits-1-8b-weekly-trade-volume/ #cryptocurrency #bitcoin(btc) #erikvoorhees #thorchain #thorswap #crypto #defi
THORChain becomes third largest DEX as Rune surges 50% in a week - THORChain $1.32 billion in trading volume over the last week only... - https://cointelegraph.com/news/thorchain-third-largest-dex-rune-weekly-surge #tradingvolume #chadbarraford #curvefinance #ponzischeme #thorchain #thorswap #rune
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers - On October 6, 2023, Thorswap halted its services temporarily. However, the platfor... - https://news.bitcoin.com/thorswap-resumes-service-with-12-countries-blacklisted-and-new-partnership-to-curb-illegal-transfers/ #decentralizedexchange #decentralizedfinance #cryptocurrency #thorchain #thorswap #crypto #defi
#THORSwap is moving to maintenance mode as a precautionary measure to ensure the safety of our users. We take security very seriously and will continue to monitor the situation. #ProtectedByTHOR #SecureExchange #CriminalActivity #Cryptocurrency #THORSwapSafety http://www.techmeme.com/231006/p11#a231006p11
Thorswap Halts Operations Amidst FTX Hacker’s Fund Movement; RUNE Drops 8.6% - The decentralized exchange (dex) Thorswap has paused operations after a series of ... - https://news.bitcoin.com/thorswap-halts-operations-amidst-ftx-hackers-fund-movement-rune-drops-8-6/ #cryptocurrency #ethereum(eth) #bitcoin(btc) #ftxhacker #thorswap #crypto #news
