Category: Altcoin
Chainlink Data Streams are integrated into the Base mainnet using JOJO Exchange
In a news statement released on Thursday, JOJO Exchange, a decentralized exchange (DEX) for perpetual futures running on the Base network, said that Chainlink Data Streams was deployed as its…
What Are Privacy Coins, Are They Legal, and How Do They Operate?
Privacy Coins: What Are They? One particular kind of cryptocurrency that seeks to give its users more anonymity is called a privacy coin. It makes it difficult for anyone to…
A Guide to Trading CFDs: What Are Cryptocurrency CFDs?
A cryptocurrency CFD is a derivative kind of asset that can be traded. This implies that even if you don’t own any cryptocurrencies, you can speculate as to whether their…
Crypto Projects Lost $310M to Scams in August, Second-Highest in 2024: CertiK
A report from blockchain security company CertiK states that the net loss was $300.6 million after $10.3 million of the pilfered assets were eventually found or returned. The most costly…
As the Chang hard fork goes live, Cardano transitions to decentralized governance
The Chang hard fork has officially taken place on Cardano, the Layer 1 blockchain that Charles Hoskinson, a co-founder of Ethereum, developed. This makes Cardano the first significant blockchain to…
Three hours after the TON outage, no new blocks were produced
In an Aug. 28 post on X, the TON-based community platform Tonk Inu, the company said that there had been a continuous outage on the TON network and blamed it…
An IDO: What Is It? An explanation of the first DEX offer
One reason for the increasing popularity of IDOs in the cryptocurrency world is their efficiency. They enable funders to hold funds prior to a protocol launching its coin or token…
DBS Bank Uses Blockchain to Distribute Government Grants More Effectively
DBS Bank, based in Singapore, has unveiled a ground-breaking solution that uses blockchain technology to improve the governance and efficiency of government grant distribution. By streamlining and speeding up the…
After 5 million downloads, GOQii Releases Rewards for Universal Health Tokens
By completing health-related challenges and consultations, users can receive $UHT awards that can be exchanged for goods, NFTs, and savings on medical supplies and services. Key elements of GOQii’s platform…
New DeFi platform unveiled by the Trump family seeks to challenge “big banks”
On August 22, the former president Donald Trump declared that The DeFiant Ones, the Trump Organization’s new cryptocurrency platform, would go live. In a post on Truth Social, Trump revealed…
MakerDAO introduces redesigned governance tokens and stablecoins
NewStable (NST) and NewGovToken (NGT), respectively, are the improved versions of MakerDAO’s DAI stablecoin and the MKR governance token. The release from August 22 states that switching to the new…
Stork Network, a Web3 oracle provider, raises $4 million in startup money
Seed money totaling $4.7 million was raised by Stork Network, a provider of web3 oracles. Wintermute and CMS also participated in this round, which was led by Lightspeed Faction and…
Babylon begins its self-custodial Bitcoin staking Mainnet phase one
Phase one of the self-custodial mainnet has been deployed by the Bitcoin staking protocol Babylon. Users of Babylon can now utilize smart contracts to stake Bitcoin. According to Babylon’s website,…
Justin Sun’s USDD stablecoin is no longer supported by Bitcoin
After removing over $750 million worth of bitcoin backing the USDD stablecoin on Wednesday, Tron founder Justin Sun is reassuring users that they shouldn’t be concerned. Launched in 2022 as…
Grayscale unveils Avalanche’s AVAX token investment trust
Grayscale Investments has introduced the Grayscale Avalanche Trust and increased the range of cryptocurrency investment products in its portfolio. The purpose of this new investment vehicle is to introduce accredited…
Magic Eden is going to use the ME ecosystem token
The ME Foundation is developing a utility token called ME, which will be issued at a later time and adopted by leading NFT marketplace Magic Eden. ME tokens will allow…
Supported by paradigms Conduit gives rollups seeking to boost scalability access to a marketplace
Conduit, a cryptocurrency infrastructure firm, has announced that it would be launching a marketplace platform to assist rollup teams in becoming more scalable. Conduit produces tools that enable developers to…
SEC rebuffs Richard Heart, the founder of Hex, attempts to get the case dismissed
In response to the complaint that was brought against Richard Heart, the founder of Hex, the U.S. Securities and Exchange Commission stated that it was within its rights to prosecute…
YieldNest introduces a new token for liquid trading
According to a statement released on August 21, the decentralized finance (DeFi) system YieldNest is introducing a new liquid staking derivative (LSD) dubbed ynLSDe that is intended to collect restaking…
TRON (TRX) Is Nearing An All-Time High as Memecoin Mania Volume Soars 200%
With all the attention on the TRON ecosystem, it’s possible that TRX, the native coin, may soon reach a new all-time high (ATH). The introduction of SunPump and the subsequent…