Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. […]
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Bitcoin Holds $77,500 After Late Surge Adds 1.2% to $1.55 Trillion Market
Key TakeawaysOn May 25, bitcoin surged to peak at $77,831 amid growing optimism over Middle East peace negotiations.Geopolitical de-escalation sent...
