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

In light of recent concerns regarding the potential transfer of illicit funds, THORSwap, a decentralized exchange (DEX) powered by the multichain THORChain protocol, resumed operations on October 13, 2023, following a temporary shutdown earlier this month. The platform took the step to enhance its security measures and ensure a safer trading environment for its users. On October 6, 2023, in response to growing concerns about the movement of illicit funds through its platform, THORSwap transitioned into "maintenance mode". The latest announcement from THORSwap reveals that the platform is now back online, with users able to resume trading over 5,500 assets across 10 blockchains directly from their self-custody wallets.


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