Category: Altcoin
Galxe debuts its Layer 1 Gravity chain’s alpha mainnet
The alpha mainnet of the Layer 1 blockchain Gravity has been made available by the Web3 credentials and rewards platform Galxe. All of Galxe’s products, including Quest, Compass, Passport, and…
Developer incentives and a bounty scheme are announced by Sonic Labs
The Sonic Boom and Sonic Gems bounty program aims to support the first wave of applications on the Sonic platform, according to a press release. The project aims to target…
German crypto ATM heist results in $28 million being taken
German crypto and the summer have had a lot going on. After selling Bitcoin that had been seized, German officials came under fire for their unfavorable views of cryptocurrencies. August…
YieldNest, a restaking firm, creates a unique liquid token using EigenLayer
In an effort to capitalize on the expanding market for liquid staking derivatives, restaking firm YieldNest is introducing a new coin. The technology, known as ynLSDe, aims to provide extra…
To develop its ZK network, decentralized identification company zkME closed a $4 million seed investment
The team behind zkMe Technology Limited, a zero-knowledge technology firm based in Hong Kong, said in a statement on Tuesday that it has successfully completed a $4 million seed round…
Tron Wins Round One in Securities Suit As Judge Turns Down SEC’s Request
The US Securities and Exchange Commission (SEC) has filed a move to expedite its continuing securities fraud prosecution against Justin Sun, the founder of Tron Foundation, but a federal judge…
Micro3.io and Kroma Form Groundbreaking Collaboration in Web3 Evolution
Kroma, a positive rollup on the Superchain that makes use of zkEVM technology, has announced a fascinating new collaboration with Micro3.io. This partnership represents a significant advancement in the development…
Adoption of cryptocurrencies rises 6.4% in H1’24 as a result of Bitcoin and Ethereum milestones
According to Crypto.com’s most recent market sizing analysis, ownership of the global cryptocurrency market increased significantly during the first half of the year. From 580 million at the end of…
USDT from Tether will launch on Layer 1 Aptos
The creator of the biggest stablecoin by market value, Tether, said that it will launch USDT, a token linked to the US dollar, on Layer 1 Aptos. Low gas fees—just…
Users Can Now Access The Banca Sella Bitcoin Service
Fintech Finance claims that the 1886-founded Italian bank Banca Sella now provides a different service: trading Bitcoin on a brand-new platform called Hype via its mobile banking app. Huge Usage…
Optimism Identifies Flaws in the Fault Proof System and Suggests Fixing Them
Network Upgrade Suggested by Optimism to Fix High Severity Vulnerabilities One of the top three Ethereum L2 projects in terms of total value locked (TVL), Optimism, was revealed to have…
Cardano falls out of the top 10 cryptocurrencies
Based on market capitalization, Cardano’s native coin is now the eleventh-largest cryptocurrency. Since January, the cryptocurrency’s market share has been gradually declining, notwithstanding a slight increase in the wake of…
Drift Protocol introduces a prediction market
BET is a prediction market that has been introduced by Drift, a perpetual trading protocol based in Solana. Cindy Leow, a co-founder of Drift Labs, stated on the social media…
Unstoppable Domains and DFZ Labs to Launch.dfz Web3 Domain
With the.dfz domain, users can generate blockchain transaction addresses that are compatible with Ethereum and Polygon and are legible by humans. These domains are intended to meet the demands of…
The Sovereign Wealth Fund of Norway Increases Its Indirect Bitcoin Exposure
As of the first half of 2024, the typical Norwegian indirectly “owns” $27 worth of Bitcoin thanks to investments made by the nation’s sovereign wealth fund. Through investments in tech…
Former Sushi CTO Joseph Delong’s New Project Is an Untitled SocialFi Dapp
Former Sushi CTO and Ethereum core developer Joseph Delong has introduced a new decentralized social network called SocialFi that offers a creative twist on blockchain-based social media. On July 26,…
Users May Now File a DOGS Airdrop Claim
The DOGS cryptocurrency, which takes its cue from Telegram’s mascot Spotty, has just revealed that its airdrop claim is now active. The DOGS Airdrop Claim Has Been Started On August…
SERA, a private space company, contacts Base for an NFT drop that would send a holder into space
For their Space Summer NFT drop, the firm Space Exploration & Research Agency (SERA) is utilizing Coinbase’s Base network to give customers the opportunity to reserve a spot on an…
Chainalysis: Illicit cryptocurrency activity has decreased by over 20% since January
A recent research from prominent blockchain analytics company Chainalysis shows that while inflows into legal services are at their greatest point since the previous bull run of 2021, illicit bitcoin…
Permission less fraud proofs are disabled by Optimism Foundation, and a hard fork is planned after security audits
A hardfork on Optimism’s Layer-2 network is part of the Granite upgrade that OP Labs, a contributor to Optimism, has suggested to alleviate the problems that will arise on September…