THORChain Back Online After Halting Services For 20 Hours

The decentralized cross-chain exchange is back online after a code bug was causing individual nodes on its blockchain to malfunction. THORChain has since cleared the bug and resumed all trading services. The DeFi exchange has promised to release a report detailing the malfunction next week.

THORChain Back Online After Halting Services For 20 Hours

Cross-chain exchange THORChain has resumed all services after the proof-of-bound network halted all transactions following an outage after a string manipulation was causing individual nodes on the blockchain to malfunction. On Friday, the platform announced that it was back online and re-enabled trading services.

 

 

The cross-chain token swapping platform halted all operations on Thursday after developers discovered a bug that was causing “non-determinism between individual nodes”. THORChain detailed its malfunction in a tweet.

 

 

 

The decentralized exchange that supports Bitcoin (BTC), Ethereum (ETH), DOGE (Dogecoin), Litecoin (LTC), Bitcoin Cash (BCH), Cosmos (ATOM), Binance Smart Chain (BNB) and Avalanche (AVAX) transactions, decided to halt its network for safety reasons until the source for the “non-determinism” was revealed. The team has promised to release a “post-mortem” report regarding the bug next week. However, during the outage, token-swapping platform THORSwap was fully functioning and even allowed ETH and ERC-20 transactions.

 

 

Price of RUNE – the native token of THORChain, dropped by more than 5.6% following the DeFi exchange’s outage. Since resuming service, the token is trading at $1.60, an increase of 6.3% from the previous day.

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