Category: Altcoin

15
Apr
2024
Posted in Altcoin

Amid the volatility in the cryptocurrency market on Saturday, USDE and FDUSD saw brief depegs

The stablecoin market is under scrutiny once more after the USDE and FDUSD momentarily dropped below the intended peg. Both Ethena’s USDE and First Digital’s FDUSD dropped below their goal…

15
Apr
2024
Posted in Altcoin

VeChain and the UFC Partner to Tokenize Fighter Gloves; the Public Reacts

The Ultimate Fighting Championship (UFC) and blockchain platform VeChain have partnered to tokenize fighter gloves and use the VeChainThor network to track fighters’ identities. The business announced in a recent…

15
Apr
2024
Posted in Altcoin

Fee Increase to 0.25% for Mainnet and Layer 2 Swaps Implemented by Uniswap Labs

The company that developed the Uniswap protocol, Uniswap Labs, has raised the costs that users must pay to trade on its interface. It is now 0.25% instead of 0.15% for…

15
Apr
2024
Posted in Altcoin

Cryptocurrency Markets Collapse After an Israeli Drone Attack by Iran

After an Iranian drone strike on Israel, the Bitcoin market saw a sharp decline that resulted in a widespread sell-off of digital assets. With its 7.7% fall on Saturday, Bitcoin,…

15
Apr
2024
Posted in Altcoin

Blockchain fraud organization returns with a new plan on the Blast network

According to reports, a group with a history of engaging in blockchain fraud has unveiled a new scheme on Blast. An on-chain detective named ZachXBT claims that the organization has…

15
Apr
2024
Posted in Altcoin Learning Resources Resources and Guides

How to Mine Monero in 2024

Due to their decentralized structure, blockchain networks like Monero don’t depend on institutions like banks to carry out transactions on behalf of users. Monero miners are responsible for verifying transactions. …

13
Apr
2024
Posted in Altcoin Policy and Regulation

Coinbase Appeals Ruling in Ongoing SEC Lawsuit

Coinbase, a prominent cryptocurrency exchange, has filed a motion to appeal a judge’s decision last month that allowed a lawsuit involving the U.S. Securities and Exchange Commission (SEC) and the…

13
Apr
2024
Posted in Altcoin

Layer 1 Blockchain Developer Berachain Secures $100 Million in Series B Funding

In a major funding milestone, Layer 1 blockchain developer Berachain has successfully closed a $100 million Series B round. The funding was co-led by Framework Ventures and the Abu Dhabi…

13
Apr
2024
Posted in Altcoin

Gopax Exchange Sees Narrowing Losses and Strong Revenue Growth in 2023

Gopax, a South Korean cryptocurrency exchange backed by Binance, reported a net loss of 51.3 billion Korean won (approximately $37 million) in 2023, significantly less than the 90.6 billion won…

13
Apr
2024
Posted in Altcoin

TON Foundation Partners with HashKey to Boost Fiat Access for Telegram Wallet Users

The TON Foundation, the group contributing to The Open Network (TON) blockchain, has formed a partnership with HashKey Group, a digital asset financial services firm based in Hong Kong. The…

13
Apr
2024
Posted in Altcoin

EigenLayer Launches Six New Actively Validated Services

EigenLayer, a blockchain protocol focused on enhancing Ethereum’s capabilities, has rolled out six new actively validated services (AVS) with the phase 3 mainnet launch. These services aim to improve the…

13
Apr
2024
Posted in Altcoin

Anza Rolls Out Updates to Alleviate Solana Network Congestion

Anza has released an update in version 1.18.11 of its validator client to address persistent network congestion issues affecting the Solana blockchain. Validator clients play a crucial role in proof-of-stake…

13
Apr
2024
Posted in Altcoin

Mysten Labs Introduces Suiplay0x1, a Web3-Enabled Gaming Handheld

Mysten Labs, known for developing the proof-of-stake blockchain project Sui, has revealed its plans to launch Suiplay0x1, a gaming handheld with Web3 capabilities. While specific hardware details remain under wraps,…

13
Apr
2024
Posted in Altcoin

Former FTX Executive Ryan Salame to Be Sentenced in Late May

Ryan Salame, the former co-chief executive of FTX Digital Markets, will face sentencing in front of Judge Lewis Kaplan on May 28, 2024. This is a change from the original…

13
Apr
2024
Posted in Altcoin Bitcoin

Cryptocurrency Market Faces Turbulence Amid Broader Economic Concerns

The cryptocurrency market experienced significant volatility on Friday as investor concerns about the broader economy and geopolitical tensions spread to digital assets. Bitcoin, the leading cryptocurrency, dropped to $63,000 after…

12
Apr
2024
Posted in Altcoin

London Mayoral Candidate Proposes £100 Crypto Gift to Each Resident

London mayoral candidate Brian Rose has announced an innovative plan to give every person in the city £100 worth of a new cryptocurrency if elected. The proposed token, currently referred…

12
Apr
2024
Posted in Altcoin

Worldcoin-Compatible Wallet Reaches 10 Million Users

The World App, a Worldcoin-compatible wallet developed by Tools for Humanity, has reached an impressive milestone with over 10 million users since its launch last year. The app’s success reflects…

12
Apr
2024
Posted in Altcoin

Former FTX CEO Sam Bankman-Fried Appeals Conviction and Sentence

Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has filed an appeal on Thursday following his conviction on seven criminal counts of fraud. The appeal, submitted to Judge Lewis…

12
Apr
2024
Posted in Altcoin

Web3 platform Galxe unveils mainnet for cross-domain pseudonymous identities

Web3 credentials and rewards platform Galxe has announced the launch of its “Identity Protocol” mainnet, which provides users with greater control over their digital identity and private data. By leveraging…

12
Apr
2024
Posted in Altcoin

Mayan Secures $3 Million in Seed Funding for Cross-Chain Auction Protocol

Mayan, a startup focusing on developing a cross-chain auction protocol, has successfully raised $3 million in a seed funding round. The round was co-led by venture capital firms 6th Man…