Category: Altcoin

19
Aug
2024
Posted in Altcoin

Exodus news sources $10 million net loss in the company’s first quarterly report following its NYSE American listing

Exodus Movement, a provider of self-custody wallets, announced an 80% increase in second-quarter sales to $22.3 million over the previous year. But the company’s cost of revenue also went up,…

16
Aug
2024
Posted in Altcoin

ZachXBT reveals how North Korean spies stealthily infiltrate cryptocurrency projects

ZachXBT, a crypto investigator, has revealed a complex scheme in which North Korean IT personnel broke into the development team of a project and stole $1.3 million from its funds….

16
Aug
2024
Posted in Altcoin

Kim Dotcom defiantly responds to a US extradition order with, “I’m Not Leaving”

Following a battle with American authorities spanning more than ten years, Bitcache founder Kim Dotcom—who is facing numerous charges related to his contentious file-sharing website Megaupload—will be extradited to the…

16
Aug
2024
Posted in Altcoin

Help is Provided to Ethereum and Bitcoin ETF to Turn Grayscale’s Asset Tally at BlackRock

Grayscale Investments was the leading asset manager for cryptocurrencies for many years. But BlackRock has taken the lead, claiming the title nearly eight months after spot Bitcoin ETFs first appeared….

16
Aug
2024
Posted in Altcoin

Crypto Expert Says There Will Be a “Mother of All Squeezes” for Altcoins That Outperform Bitcoin Right Now

On the social media site X, the anonymous trader known as The Crypto Dog informs his 810,100 followers that he is positive about GMX’s native token. GMX is a DEX…

16
Aug
2024
Posted in Altcoin

On Base, Data Streams and VRF for Chainlink are presently in use

As of Thursday morning, Chainlink VRF and Chainlink Data Streams are operational on Base, the Layer 2 blockchain that Coinbase is incubating. Base developers now have access to the full…

16
Aug
2024
Posted in Altcoin

For a future cryptocurrency initiative, Donald Trump Jr. shared the “Defiant Ones” Telegram channel

On Thursday, Donald Trump Jr. launched a Telegram channel, extending the Republican candidate Donald Trump’s sons’ teases over the former president’s foray into decentralized finance. Our cryptocurrency idea is the…

16
Aug
2024
Posted in Altcoin

Huge gift cards Raise and WalletConnect collaborate on a cryptocurrency payment alternative

The startup that created the well-known software for buying gift cards, Raise, is beginning to further incorporate cryptocurrency into its platform. The company has teamed up with Wallet Connect to…

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16
Aug
2024
Posted in Altcoin

Crunch Lab’s $3.5 million seed funding is led by Multicoin Capital

Multicoin Capital, an investment business specializing in cryptocurrency, spearheaded Crunch Lab’s $3.5 million startup funding campaign. Factor cash, Fabric VC, and Elixir Capital all participated in the round, increasing the…

16
Aug
2024
Posted in Altcoin

Strategic investment of $5 million is raised by Orderly Network

$5 million in strategic funding was raised by Orderly Network, a supplier of web3 liquidity. OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol took part in…

15
Aug
2024
Posted in Altcoin

WazirX restructures asset security and breaks off relations with Liminal following a $235 million attack

WazirX, an Indian cryptocurrency exchange, terminated its asset custody agreement with Liminal after it was the subject of a $235 million cyberattack. WazirX declared in a statement dated August 14…

15
Aug
2024
Posted in Altcoin

After Ethereum’s 2020 Rally, an analyst reveals a “reasonable” bull market price target for solana, according to SOL

On the social networking platform X, a pseudonymous expert named Kaleo informs his 643,700 followers that Solana seems to be mimicking the price movement of Ethereum in late 2020, right…

15
Aug
2024
Posted in Altcoin

Dydx Announces a Significant Chain Upgrade with New Features

Dydx to Introduce Megavault and Permissionless Market Listings in Upcoming Chain Reorganization The release states that permissionless market listing—a feature that lets users build new markets without needing governance approval—will…

15
Aug
2024
Posted in Altcoin

The native utility token of the proof-of-stake blockchain XION is introduced

The layer-1 blockchain’s native coin, $XION, was also introduced by the venture-backed platform. On August 14, Burnt announced the accomplishments in a blog post. XION introduces its native token The…

15
Aug
2024
Posted in Altcoin

Mastercard and MetaMask Launch a Crypto-Powered Debit Card

The cryptocurrency wallet provider MetaMask announced the debut of the Metamask card crypto solution in collaboration with Mastercard and Baanx. This debit card allows users to spend cryptocurrency on regular…

15
Aug
2024
Posted in Altcoin

$9 million is secured by Rivalz Network to advance AI and Intel infrastructure

With the goal of creating the first AI Intel Layer, Rivalz Network has secured $9 million in recent fundraising rounds. Rivalz is at a turning point in the development of…

15
Aug
2024
Posted in Altcoin

Parfin, a permissioned Ethereum Layer 2 developer, has received $10 million in Series A funding from ParaFi Capital

The enterprise-grade blockchain startup Parfin, which is developing its own crypto infrastructure, raised $10 million in its Series A funding round and anticipates raising millions more. Leading the round were…

15
Aug
2024
Posted in Altcoin

TON and Pyth Network work together to improve real-time data streams for DeFi and gaming

The Open Network (TON) and Pyth Network joined, the latter company announced on Wednesday. Pyth’s oracle service, which enables users to obtain pricing data on-demand, is the primary focus of…

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15
Aug
2024
Posted in Altcoin

Renzo arrives at Solana liquid restaking and prepares to start ezSOL on Jito

Through a partnership with the Jito Foundation, the Ethereum liquid restaking system Renzo has entered the Solana liquid restaking market. As part of the deal, Renzo will launch ezSOL, a…

15
Aug
2024
Posted in Altcoin

A $15 million Series A round is raised by the stablecoin-based international payment service Sling Money

Sling Money, a digital payments firm, revealed on Wednesday that it has secured $15 million in Series A funding. Union Square Ventures, Ribbit Capital, and Slow Ventures led the Series…