THORChain approves plan to restructure $200M debt
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.
With major institutions ramping up crypto adoption and Web3 continuing to expand, early-stage investments are proving to be the most profitable strategy. While Ethereum price predictions remain bullish, it’s the smaller-cap altcoins offer much higher upside potential. From meme coins like Shiba Inu ($SHIB) and Bonk ($BONK) to utility-driven tokens like XRP ($XRP) and new … Read more
Wrapped Bitcoin by BitGo can now move from Ethereum to Sui via Sui Bridge, expanding BTCfi for the Sui ecosystem. The price of Sui (SUI) surged to $3.37 on Tuesday, Feb. 4, gaining 8.5%, following the news that Sui Bridge now supports Wrapped Bitcoin (wBTC). With the integration, users can now move Bitcoin (BTC) from … Read more
Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.
Onyxcoin (XCN) has surged 22% in the past 24 hours, making it the top-performing asset in the crypto market. The rally began last week and gained momentum following an announcement that the project had resolved its issue with Huobi and Tron founder Justin Sun. XCN is now eyeing its three-year high of $0.04, with technical … Read more
With this move, TVM Ventures aims to invigorate TON, expanding the ecosystem to achieve the goal of building a financial system capable of supporting 500 million onchain users by 2028. TVM Ventures Debuts $100 Million Incubation Fund for TON TVM Ventures, an institution that focuses on empowering creators on the TON network, has launched a … Read more
From Dogecoin to the first lady’s meme coin, a flurry of filings from asset managers eager to offer new crypto products may well push the Securities and Exchange Commission past a point of no return. As the Commission moves to clarify crypto rules under President Donald Trump, applications for spot crypto ETFs appear to be … Read more
India started the new year by unveiling its Union Budget for 2025-26 financial year on 1 February 2025. While certain areas of the budget have excited the Indian masses, crypto industry leaders feel disappointed by the government’s decision to retain the existing taxation framework for cryptocurrencies However, there is grassroot stirring in favour of a … Read more
President Donald Trump’s Solana meme coin TRUMP hit a new post-inauguration low Saturday, less than a day after Trump posted about the coin on social media—a move that a former prominent ally of his described as an obvious attempt to “pump” the flailing token. TRUMP fell as low as $19.09 on Saturday, per data from … Read more
Since gracing the cover of the New York Times, Pudgy Penguins have been on a rollercoaster ride. Originally a cute profile picture NFT collection, Pudgy Penguins endured the ousting of its founder before finding mainstream success, with licensed toys landing on the shelves of Walmart and Target stores nationwide. Launched amid the NFT boom in … Read more