Category: Altcoin
Aurora releases new products that link NEAR and Bitcoin
In a press release on Tuesday, Aurora Labs—a group devoted to building the Aurora ecosystem—unveiled Bitcoin Light Client and Relayer, two new tools designed to connect the NEAR protocol and…
Solana L2 DEX might be able to compete with centralized exchange platforms, according to Zeta founder
DefiLlama’s data indicates that Solana (SOL) has an 8.7% domination in monthly trading volume for on-chain derivatives as of right now, with $8.3 billion traded so far in August. With…
Coinbase Returns to Hawaii’s Market as the State Removes All Controls
Hawaii residents will once more be allowed to use Coinbase, the business announced on Wednesday. For years, the state’s long-standing regulations have barred residents from accessing most cryptocurrency exchanges. Faryar…
Curve Finance: As earnings surpass issuance, inflation drops by 67%
The second-largest decentralized exchange (DEX) according to TVL, Curve Finance, announced that it will stop token inflation annually after five years. Starting this year, the inflation rate for CRV tokens…
The total front-end revenue of Uniswap Labs exceeds $50 million
The developer company of the Uniswap protocol, Uniswap Labs, has seen its total front-end fees surpass $50 million. In October, the platform charged users 0.15% for transactions made using its…
Hedera expands institutional access to HBAR tokens by partnering with cryptocurrency custodian Copper
Through a cooperation announced on Tuesday, London-based cryptocurrency custodian Copper is extending institutional access to the Hedera blockchain. In particular, Copper will provide custody and staking services for Hedera’s token…
For eligible investors, Grayscale has launched a new fund that tracks MakerDAO’s MKR coin
The largest cryptocurrency asset manager in the world, Grayscale, is expanding its array of investment options for digital assets with the establishment of a closed-end MakerDAO Trust. After the introduction…
Nearly $200 million worth of cryptocurrency ETF holdings, led by ETHE, are disclosed by DRW
In its most recent Form 13F filing with the U.S. Securities and Exchange Commission, Chicago-based high-frequency trading firm DRW Holdings revealed that it now holds at least $195 million worth…
Aelf and ChainGPT Collaborate to Integrate Cutting Edge AI Technologies
In order to integrate cutting-edge artificial intelligence (AI) technologies like chatbots, non-fungible token (NFT) generators, and smart contract generators onto its platform, Aelf, a blockchain network, has established a strategic…
Canto Blockchain Has a Prolonged Outage Because of a Consensus Problem
A catastrophic consensus issue has caused Canto, the layer-1 blockchain built on Cosmos, to go offline for more than 33 hours. This is a major interruption. The CANTO token’s value…
Euler funds the security of the v2 protocol with $4 million and performs 29 audits
DeFi lending guidelines With a $4 million investment from Euler DAO, Euler has announced the completion of a thorough security process for its future Euler v2 protocol. This significant budget…
Significant price slippages occur during sell-offs due to a crypto liquidity crisis – Kaiko
The fragmentation of liquidity in the cryptocurrency markets persists, causing price disparities among exchanges. These differences are narrowing with time, but they are still noticeable on smaller, less liquid exchanges,…
During the market correction, $176 million is invested in digital asset investment products
CoinShare reports that investors flocked to purchase digital asset investment packages at low market prices, bringing in a stunning $176 million inflow over the course of the last week. Investment…
EigenLayer’s competitor Symbiotic unveiled a devnet and plans to launch the full mainnet in Q3
Less than two months after emerging from stealth, the devnet of Ethereum’s Holesky test network is now operational for retaking protocol Symbiotic. Symbiotic positions itself as a rival to Ethereum’s…
In order to enable native yield on rollups and appchains, Ion Protocol has raised $4.8 million
The $7 million overall funding for Ion Protocol, a liquidity protocol for staked and restaked assets, has been increased by an additional $4.8 million from a variety of investors, including…
Optimism is developing a native interoperability framework for Layer 2 chains
A roadmap strategy for implementing native interoperability across the ecosystem’s Layer 2 chains, including Base, Zora, Mainnet, and others, was disclosed by Optimism developers. Currently, for safe communication and asset…
Trading volume on Solana DEX declines as activity on Ethereum and Base rises
DefiLlamma data shows that the trading volume of the Solana-based decentralized exchange (DEX) has dropped by more than 10% in the last week. Trading volumes on the Ethereum, Base, and…
The inventors of Yescoin talk about token airdrops and their goals of maximizing the potential of cryptocurrency games
Even though millions of fans of Yescoin likely want to see the token airdrop for the cryptocurrency game as soon as possible, the game’s developers say they are committed to…
Celsius is suing Tether, demanding $3.5 billion for the sale of Bitcoin collateral
The now-defunct cryptocurrency exchange Celsius has sued Tether, claiming that funds were misappropriated. The lawsuit is seeking about $3.5 billion in damages, legal fees, and BTC restitution. According to Tether,…
Concerns About Justin Sun’s Part in WBTC Custody Shifts Are Raised by MakerDAO
Asia.In the midst of WBTC custody changes brought about by Justin Sun’s new position in the BitGo and BiT Global joint venture, MakerDAO assesses risk. One of the leading companies…