News list for "thor"
As part of its restructuring efforts to address the debt crisis, THORChain's governing body has passed an important proposal to convert defaulted debt into equity tokens. Specifically, the approved plan involves converting defaulted debt into equity through the issuance of a new token called TCY to creditors. TCY token holders are entitled to 10% of THORChain's revenue in perpetuity.
Federal Aviation Administration (FAA): A Bombardier regional aircraft of PSA Airlines collided mid-air with a Sikorsky H-60 helicopter as it approached the runway at Reagan Washington National Airport.
According to FinanceFeeds, the European Securities and Markets Authority (ESMA) has given cryptocurrency companies until March 31 to comply with the new European Union stablecoin rules. The regulation is part of the broader Crypto Asset Markets (MiCA) framework and requires companies to restrict or remove stablecoins that do not meet the standards. MiCA's stablecoin regulations take effect from mid-2024, but ESMA now wants businesses to complete the changes by the end of Quarter 1. Until then, t...
Nassim Taleb, author of The Black Swan, warned that Nvidia's slump on Monday was just the beginning for investors blindly piling into AI-powered stocks.
Rich Dad Poor Dad author Robert Kiyosaki took to social media to reiterate his 2013 book's prediction that February 2025 would be the biggest stock market crash in history. He said the crash would lead to a massive flow of money from the stock and bond markets to bitcoin, gold and silver. He predicted significant growth in bitcoin and advised investors to invest in cryptocurrencies and precious metals as early as possible. He stressed that even a small investment such as a Satoshi could bring hu...
THORChain, a decentralized cross-chain liquidity protocol, this morning announced the implementation of a 90-day network restructuring plan. Node operators have suspended THORFi lending and deposit redemption functions, but core functions such as swap trading, liquidity provision (LP) operations, and RUNE transfers remain operational. The project side said that during the restructuring period, it will focus on community proposals to achieve a reasonable reorganization of liabilities. The node op...
On January 26, according to China's Legal Daily, in order to implement the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and give full play to the role of the rule of law in the modernization of the national governance system and governance capacity, on January 19, the Law of Renmin University of China...
THORChain issued a post on the X platform in response to the recent FUD rumors that the network could not operate. THORChain said that in the past 24 hours, the network processed 320 million US dollars of Swap transactions. Despite the existence of FUD, THORChain can still be fully operational, including Swap, LP deposits, withdrawals and RUNE transfers.
Thumzup announced that the company's board of directors has authorized the holding of 90% of the company's remaining cash in bitcoin. This decision supports the company's ongoing bitcoin acquisition efforts as part of its fiscal asset strategy announced on November 15, 2024.
According to the official website of the United Arab Emirates Securities and Commodities Authority (SCA), the SCA has released the draft regulation of securities and commodity tokens and invited the public to provide feedback by February 14, 2025. According to the draft, security tokens include equity tokens, bond tokens, Islamic bond tokens, and commodity tokens include gold tokens, oil tokens, etc. These tokens are all built on the blockchain/DLT platform and can be traded on the virtual asset...
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