PANews October 9 news, according to THORChain technical co-founder Chad Barraford, Tether (the issuer of USDT) has blacklisted THORChain's USDT vaults on the TRON blockchain. In TRON block 86958330, 4 of THORChain's 6 TRON vaults were blacklisted within a single block. These 4 vaults hold 93% of its TRON assets, involving approximately 1.45 million USDT frozen. THORChain was not hacked, but TRON swaps on the protocol have been paused. Barraford said there was no prior communication with Tether, is actively reaching out to them, and stated that this move has no precedent in the industry.
Tether blacklists THORChain's TRON chain USDT vault, involving approximately 1.45 million USDT.
Related news
Financial Repression in the Age of AI
📺 Watch VideoBitcoin Magazine Financial Repression in the Age of AI Offshoring left the U.S. dependent on rivals for critical tech, says Craig Tindale. Drawing on Hamilton & Eisen...
September U.S. Treasury Selloff: Not Inflation Expectations, but a Surge in Real Yields
The market may be reassessing economic growth and capital demand, but the term premium remains a concern.
Three armed robbers in Pattaya, Thailand, forced a Chinese national to transfer $820,000 in cryptocurrency.
ByteDance's TRAE merges two AI tools, TraeWork to shut down on October 23.
Bernstein: TSMC's third-quarter revenue is expected to reach NT$1.49 trillion, 3% above the market consensus.