Kujira Merges with Key Partners to Form Rujira Alliance, Introducing New App Layer for THORChain

Quick Summary:

Kujira, a Cosmos-based decentralized finance (DeFi) network, has announced a major merger with its key ecosystem partners—Fusion, Unstake, and Wink—to form the Rujira Alliance.

This newly established alliance will work to build an app layer for the cross-chain liquidity protocol THORChain, according to a report by Cointelegraph.

Kujira’s formation of the Rujira Alliance comes in response to recent liquidity issues that caused the KUJI token to experience a significant 70% drop.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News Kujira

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 07:21:02 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 991 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22444270

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 24 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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