THORChain’s $500M Surge Exposes the Thin Line Between Privacy and Exploitation

THORChain posted its best single day of revenue in five months on September 25. By September 27, its daily trading volume had ballooned past nearly $500 million, and the reason had nothing to do with organic growth, it had everything to do with a $387.5 million exchange hack moving through its pools in real time. […]

Big institutional money is split on Bitcoin’s next move as massive market bets shift

Leveraged funds moved 1,599 contracts further net short in standard CME Bitcoin futures during the week to Sept. 22, reversing the prior week’s easing, while asset managers added 411 contracts to their net long. The CFTC snapshot captures two major trader groups moving in opposite directions as Bitcoin enters a new week. At five BTC […]