THORSwap ⚡ #BetterThanCEX

THORSwap officially turns 5! 🎂 To celebrate, we're pleased to unveil the next chapter of our evolution: Metro.exchange: a next-gen one-stop DeFi app built for OGs and the Masses. Native unified wallet + Simplified UI/UX + User-first features 🔥 Try the Open Beta🚇:

Thanks to @SwapKitPowered's robust onchain monitoring, THORChain routing was paused quickly. As a result, no @THORSwap or Metro.exchange user funds were stuck mid-swap. We wish @THORChain all the best for a speedy resolution and recovery, and standby to do our best to help. Most major swap pairs supported are still available via other cross-chain providers.

Important Announcement Trading on THORChain is currently halted after a vault was compromised. Initial indications are user funds are safe and only protocol owned funds are affected. The network automatically detected abnormal behavior and halted signing activity, which alerted the broader community and prevented further outbound transactions. The investigation is still ongoing to determine the root cause. Contributors are actively working on the issue and we will report updates as we progress toward a solution. What we currently know: * One of the six Asgard vaults appears to have been compromised. * Current estimates place the loss at approximately $10.7m USD * The network automatically detected the abnormal behavior and halted signing activity, preventing further outbound activity. * Nodes securing the vault were subject to their bonded RUNE being slashed as a result of the unauthorized outbound transactions. * Churn activity has been paused while the investigation and remediation efforts are ongoing. * Onboarding additional chains and operations requiring churns will be delayed until the network is stabilized. * Initial indications show no individual user swaps were affected. We are asking all node operators to immediately review their infrastructure, hosts, key management systems, and operational security for any signs of compromise or abnormal behavior, and to report anything suspicious in Discord. Node operators participating in the affected vault are requested to securely provide Bifrost logs to the dev team for analysis using 'make relay' .

THORChain has been halted. Other providers supported on @THORSwap & Metro.exchange (Chainflip, NEAR Intents, Harbor, Flashnet, Garden, 1inch) are unaffected and swaps fully operational. Cosmos (ATOM) trading is currently unavailable. We are monitoring the situation. Thanks for your patience. EDIT: Maya also halted out of precaution.

It's almost like...we're still early 🤔 $ZEC

@WatanabeSota @JPYStableCoin Which chains will JPYSC be available on and how about onchain liquidity? Keen to learn more!

We are going to ship @JPYStableCoin, the first bank-backed JPY stablecoin, in a few months. What I want to achieve is to leverage the lowest-cost funding currency on earth — JPY — to invest in the highest-growth assets, i.e., US stocks, executing fully onchain. It will be big.

@durov Looking forward to integrating TON on @THORSwap! 🫡

🌍 With 400 validators across 6 continents, TON is one of the most decentralized blockchain networks on the planet. Telegram becoming the largest validator opened the door for major exchanges and custodians to stake TON without increasing centralization risk.

Looks like we're still early to @Zcash 😄 zcash:native (you can just buy it with any fiat or coin permissionlessly on @THORSwap btw)

@CoinMarketCap Check the marketcap, it's $THOR. x.com/paperX_Art/sta…

Name a project that's been sleeping but is about to wake up.

Tried the Metro.exchange beta yet? Get a taste of what's coming in @THORSwap V3: New native wallet, portfolio, on/off ramp, txn history, in-app support & more! For a limited time: Huge 40% off on swap fees🔥 $THOR stakers get even more discounts⚡ Swaps <$100 are FREE

Best kept secret in Crypto = @THORSwap $THOR You're looking at $11.12M in fees shared with stakers with no emissions, just real yield. That's over ~$310K over past 30 days. What's honestly holding it back at this point is liquidity access. Working actively on addressing this.

@LeonidasNFT @ord_io @ZapApp Thank you for all your contributions to Bitcoin DeFi ser!

We're shutting down @ord_io and @ZapApp at the end of the month This really sucks because great people put a lot of hard work into these products, friends invested in me, our users believed in us, and I feel like I let everyone down In the end we ran out of money and don't see a path forward Despite that I'm still incredibly proud of everything that we did I'm proud that we organically built two respected crypto brands that never farmed anyone or launched a token I'm proud that we empowered over a million people to explore Ordinals inscriptions on Bitcoin I'm proud that we shipped an app that let anyone sign up and buy a Bitcoin memecoin in under 30 seconds (an experience that many considered impossible) For the past 3 years I've woken up every day excited to build in the Bitcoin ecosystem and feel blessed to have had that opportunity I never took a salary, have no regrets, and wouldn't trade the epic moments we had along the way for anything Thank you to my cofounder Zach, our team, our investors, and all of our users for being part of this journey with me 🧡

@allenjest79 Thanks Paulo! Our ethos has always been to make crypto easy!

@THORSwap Nice update on metro. SimpleSwap's. Nice to see more upgrades like this making swaps faster and smoother.

Would never happen to @THORSwap users 😤 Buy $ZEC to your own wallet. Your Keys. Your Coins.

@durov Bullish! x.com/THORSwap/statu…

Telegram becoming TON’s largest validator strengthens decentralization. It lets other major players join the validator pool without centralizing the network — with Telegram as the counterbalance. 📈 More and more TON gets locked in validation as everyone competes for 20%+ APR.

@durov wow! x.com/THORSwap/statu…

🏁 TON leads Layer-1 blockchains in finality time. Sources: telegra.ph/Comparison-of-…

@durov Huge! x.com/THORSwap/statu…

⚡️ In one week, TON fees will drop 6× — to just 0.00039 TON (~$0.0005) per transaction, fixed regardless of network load. 🆓 Soon after most transactions go fully feeless. Zero commission. MTONGA!

Huge things on the way for @ton_blockchain 👀 Should we integrate $TON? Let us know!👇