TON Foundation to Launch Bitcoin Cross-Chain Bridge Service TON Teleport BTC
The TON Foundation is proposing to launch a bitcoin cross-chain bridge, TON Teleport BTC, which is said to be a trust-free bridge service designed to facilitate secure bitcoin transfers to and from the Telegram-linked network.The TON Foundation says the bridge service is designed to allow bitcoin holders to participate in Decentralized Finance (DeFi) activities on the TON, while keeping their original assets Secure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US private credit default rate rises to 6.3%, hitting a new high, while software industry default rate drops to 0.6%
According to Fitch's latest report, the default rate for US private credit, tracking 1,300 borrowers, rose to 6.3% by the end of August over the past 12 months, surpassing the previous record high of 6.1% in July. Default rates in the healthcare, industrial, and manufacturing sectors all reached 9.9%, while the technology software sector defied the trend and fell to 0.6%. Although concerns about AI disruption have put pressure on the software industry, they have not yet had a substantive impact on the sector's credit quality.
Data: ETH surpasses $2,600
FedEx prices about €2 billion, $1.1 billion bond offerings
JHSF shares join B3’s IBrX 100 index
Crypto prices
More
