ThorChain, a network for DeFi services, has reached a consensus to restructure its bad debt in a $200M debt-to-equity swap. To reward its users, ThorChain will issue a new asset, TCY, which will grant ...
First-of-its-kind DEX eliminates wrapped tokens and centralized exchanges, enabling direct native asset swaps across multiple blockchains THORChain announced today the public beta launch of ...
THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck. Its supporters have ...
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders. THORChain plans to establish a RUNE/TCY liquidity pool with $500,000 ...
THORChain via SwapKit is now available in the swap section of Ledger Live Desktop. THORChain is a cross-chain decentralized exchange, enabling Ledger Live Desktop users to swap digital assets across ...
THORChain, a decentralized protocol enabling users to swap cryptocurrencies across various blockchains, has seen what can be described as an unwanted windfall after the Bybit hack. The protocol ...
The fragmentation problem in crypto is no longer theoretical. Bitcoin holds over $1 trillion in market capitalization, Ethereum commands another $400 billion, and dozens of other blockchains ...
If I were a THORChain creditor, I’d withdraw my bitcoin collateral. Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay ...