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CryptoIntelligence 2024-04-04 20:33:00

THORChain Hits Record $10 Billion Trading Volume Amid Bitcoin Maximalist Debate on Security and Loan Risks

For the first time, THORChain, a decentralized liquidity protocol, has surpassed a significant milestone, recording over $10 billion in total monthly trading volume. This achievement was highlighted in a post on X, formerly known as Twitter, by THORChain’s official account, with Runscan data confirming a trading volume of $10.26 billion for the month. Despite this success, Bitcoin maximalists are split on the platform’s security and the attractiveness of its offerings, particularly concerning interest-free loans against Bitcoin (BTC). The discussion among Bitcoin enthusiasts unfolded on social media, following the announcement. Fred Krueger, a mathematician and Bitcoin investor, expressed his support for

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