Theta token price sinks 25% overnight after mainnet delay

Theta token price sinks 25% overnight after mainnet delay

Theta lost a quarter of its value in a flash dip following the delay of its mainnet launch. After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next month. On March 24, the Theta team announced that it was delaying the mainnet launch until the end of June. By early Thursday morning, Theta had lost a quarter of its....


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Theta blockchain launches first decentralized exchange dubbed ThetaSwap

Blockchain-based video streaming network Theta now has its own decentralized exchange. Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday.ThetaSwap v1 users will reportedly be able to swap Theta-based TNT-20 tokens in much the same way as is the case for automated market maker services like Uniswap and SushiSwap for ERC-20 tokens on the Ethereum chain.With the launch of ThetaSwap v1, the project says it is hopeful that users will become incentivized to interact with the TNT-20 token standard.Apart from....