Crypto News
Trump’s ‘America First’ Policies Threaten African Currencies
The “America First” policies of the Trump administration could weaken currencies such as the Nigerian naira, leading to higher debt servicing costs. Trump Threat The “America First” policies of the Trump administration could lead to the weakening of currencies like the Nigerian naira, which in turn raises the cost of servicing debt. Furthermore, these policies,Source link
Thorchain Faces Insolvency, Halts Redemptions
Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimedSource link
DeFi Network Thorchain Faces $200 Million in Toxic Debt—Here’s What’s Going On
Thorchain community members fear the protocol’s savers and lending programs have imperiled its future.Source link
Solana Horse Racing Game ‘Photo Finish Live’ Teams With BlockBet for Betting
Photo Finish Live is collaborating with betting platform BlockBet, enabling the CROWN token for wagers alongside a simulcast collab.Source link
Avant Launches Defi-Native Stablecoin Pair on Avalanche
The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday. The tokens made their debut after a five-month whitelisting period where they generated a double-digit yield, according to aSource link