Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard

October 28, 2025

Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield

October 28, 2025

Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%

October 28, 2025
Facebook X (Twitter) Instagram
Tuesday, October 28 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

LiFi integrates ThorChain for seamless Bitcoin swaps across EVM chains

August 16, 2024Updated:August 16, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
LiFi integrates ThorChain for seamless Bitcoin swaps across EVM chains
Share
Facebook Twitter LinkedIn Pinterest Email
ad



LiFi integrates ThorChain for seamless Bitcoin swaps across EVM chains

LI.FI, a cross-chain liquidity supplier, has introduced its assist for native Bitcoin swaps by means of ThorChain, based on an Aug. 14 assertion shared with CryptoSlate.

This integration, facilitated by SwapKit, enhances Bitcoin transfers between Ethereum Digital Machine (EVM) chains and simplifies the change of the flagship asset for different cryptocurrencies inside these networks.

Boosting adoption

LI.FI’s new function goals to increase Bitcoin entry and allow its use in DeFi and different monetary improvements.

In line with the agency:

“This improvement presents a considerable alternative for wallets, DeFi platforms, and enterprise purposes to reinforce their choices by offering their customers a safe and straightforward manner to purchase BTC or swap between it and different property on EVM chains.”

The corporate additionally highlighted that this function addresses difficulties confronted by EVM customers in buying Bitcoin. Customers can now purchase Bitcoin straight or swap it for different property utilizing their most well-liked wallets.

Moreover, ThorChain has been added to LI.FI’s supported bridges and presents customers optimum charges for token swaps and cross-chain transfers.

ThorChain is a decentralized cross-chain protocol that facilitates native swaps between completely different blockchains. Final yr, it briefly paused operations to deal with the circulate of illicit funds through its platform.

Bitcoin layer-2

LI.FI additionally plans to increase its assist to Bitcoin Layer-2 (L2) options, aiming to spice up software flexibility and capitalize on the Bitcoin community’s rising potential.

Bitcoin L2s are protocols designed to resolve Bitcoin scalability issues, enhance transaction speeds, and decrease transaction charges. Notably, a few of these options introduce good contract performance to the blockchain, which considerably broadens its potential.

The protocols have develop into more and more common over the previous yr, they usually collectively raised practically $100 million throughout the second quarter of this yr. Nevertheless, Alex Thorn, the top of analysis at Galaxy Digital, warned that the networks face important long-term challenges because of the excessive price of posting knowledge on BTC.

Talked about on this article
Newest Alpha Market Report



Source link

ad
Bitcoin chains EVM integrates LiFi seamless swaps ThorChain
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard

October 28, 2025

Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield

October 28, 2025

Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%

October 28, 2025

Traders Are Buying PEPENODE Now

October 28, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard
October 28, 2025
Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield
October 28, 2025
Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%
October 28, 2025
Traders Are Buying PEPENODE Now
October 28, 2025
What it changes for altcoins
October 28, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.