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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 08:52
    THORChain plans to tackle $200 million debt crisis with publish equity stake token
    On February 3rd, according to reports, THORChain governance has passed a restructuring plan proposal, which plans to publish a new token named TCY (Thorchain Yield) with nearly $200 million of default debt converted into equity stake. The proposal includes minting 200 million TCY tokens and allocating 1 TCY token per dollar of default debt. The core team is expected to create a RUNE/TCY liquidity pool, providing $500,000 of liquidity, with TCY priced at $0.1 each, which will be supported by $5 million of treasury funds. TCY token holders have the right to permanently receive 10% of THORChain's revenue.   Earlier, THORChain announced the launch of a 90-day restructuring plan to suspend THORFi lending and savings redemptions.
  • 08:52
    DWF Labs partner: Prepare to gradually buy, pay attention to the reaction of US stocks
    On February 3rd, Andrei Grachev, a partner at DWF Labs, stated on social media that he is preparing to gradually buy and "should wait a few more hours to see how the US stock market reacts. Everything is very dangerous now, be careful and DYOR."
  • 08:51
    Whale "7Siblings" another address bought a total of 5382 ETH, today bought a total of 126 million USD ETH
    On February 3rd, according to Lookonchain monitoring, another wallet of "7 Siblings" purchased 5,382 ETH ($14.5 million). Therefore, 7 Siblings has purchased a total of 50,429 ETH ($126 million) today. The last time 7 Siblings bought a large amount of ETH at the bottom was on August 6th, 2024, when the market crashed.
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