THORChain will unveil the first Tesla Cybertruck purchased with cryptocurrency at Bitcoin 2024 in Nashville. This groundbreaking acquisition, completed using Bitcoin, highlights the growing integration of digital currencies into mainstream commerce. Bitcoin Tesla Cybertruck Designed Specifically for Bitcoin 2024 They will make their official debut at the Pizza Angels event this Saturday.
This announcement comes after Ferrari decided to expand its cryptocurrency payment options to Europe following its successful launch in the United States.
Unlike cryptocurrency trading supported by Ferrari dealers, The Cybertruck purchase was notable for being a private sale that took place in Austin, Texas. With Tesla’s approval, the deal avoided potential legal issues related to the company’s resale ban.
Cybertruck was purchased by the THORChain team. A decentralized network that allows users to exchange cryptocurrencies across multiple blockchains without relying on a central intermediary. This peer-to-peer exchange reflects THORChain’s mission to eliminate the need for traditional financial intermediaries and facilitate direct, trust-minimized transactions.
JP Thor, Founder of THORChainComment: “This month marks the 5th anniversary of the launch of THORChain in July 2019. It now natively supports 8 different blockchains without the need for bridges or wrapped tokens. The new Swap Kit Developer API allows Layer 1 cross-chain native asset swap functionality to be integrated directly into self-custody wallets, and Bitcoin holders can earn yields on their deposits.”
During Bitcoin 2024, THORChain will feature a variety of interactive Cybertruck activities, culminating in a free pizza party hosted in partnership with PizzaDAO to celebrate the essence of the Bitcoin community.
THORChain’s decentralized, permissionless network facilitates cross-chain native asset swaps directly from your own custodial wallet, eliminating the need for centralized exchanges and third-party KYC processes. By minimizing friction, risk, and costs, users retain full control of their assets. Currently, THORChain supports Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin, all backed by the native token RUNE. As more assets are deposited into the network, the value of RUNE increases.
The THORChain ecosystem continues to expand. There are countless apps, wallets, tools, and resources being developed by a global community of contributors.
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