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#network-recovery News & Analysis

4 articles tagged with #network-recovery. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

4 articles
DeFiNeutralBitcoinist · Jun 247/10
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THORChain Trading Resumes After Exploit Halt, But Confidence Test Remains

THORChain resumed trading operations after a significant halt caused by a $10.7 million exploit, marking a critical test of user confidence in the cross-chain liquidity protocol. The resumption signals the team's efforts to stabilize the network, though the incident raises ongoing concerns about security vulnerabilities in decentralized finance infrastructure.

THORChain Trading Resumes After Exploit Halt, But Confidence Test Remains
DeFiBearishThe Defiant · Mar 96/10
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Sonic Labs Unveils USSD Stablecoin as Network Looks to Reverse Decline

Sonic Labs has launched the USSD stablecoin as its network faces severe challenges, with Total Value Locked (TVL) collapsing 97% to just $34 million from its May 2025 peak. The stablecoin launch appears to be part of efforts to revitalize the struggling network and reverse its dramatic decline in user adoption and capital.

Sonic Labs Unveils USSD Stablecoin as Network Looks to Reverse Decline
CryptoNeutralEthereum Foundation Blog · Mar 185/103
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Holesky and Hoodi Testnet Updates

The Pectra testnet activation exposed deposit contract configuration issues across Ethereum testnets. While Sepolia recovered quickly, Holesky experienced significant inactivity leaks during its recovery process before eventually finalizing.

Holesky and Hoodi Testnet Updates
$ETH