THORSwap Resumes Operations with Enhanced Security Measures to Combat Illicit Funds Transfer

THORSwap Resumes Operations with Enhanced Security Measures to Combat Illicit Funds Transfer

THORSwap, a decentralized exchange (DEX) leveraging the THORChain protocol, resumed operations on October 13, following a temporary shutdown to address concerns of illicit funds transfer. The platform has enhanced its security measures, updated its terms of service, and partnered with an industry leader to prevent the movement of illicit funds. Although the move was met with mixed reactions from the community, it underscores THORSwap’s commitment to providing a secure trading environment amid rising regulatory pressures in the DeFi sector. (Read More)

​ 

Categories