Category: Altcoin
Solana Developers Quietly Repaired a Critical Vulnerability
This week, Solana developers covertly discovered and addressed a serious vulnerability, which very few people were aware of. The covert patch, on the one hand, calls into doubt the degree…
In just 27 days, 150,000 Ether Overloads Liquid Staking Platforms
Ethereum Staking Volume Increases to 13.59 Million Ether as Lido Approaches the 10-Million Ether Milestone Approximately 290,000 ETH were sent toward decentralized liquid staking derivatives systems between May 28 and…
In Q2, Crypto Startups Raised $2.7 billion Despite a Drop in Deal Volume
Across 503 agreements, cryptocurrency firms raised $2.7 billion in funding in the second quarter of 2024, a modest rise in cash raised amid a discernible fall in deal volume. This…
Canto plans to restore the network following an outage linked to a consensus issue
Blockchain Layer-1 based on Cosmos Block explorers report that Canto had a majornet outage on Saturday at approximately 18:43 UTC as a result of its “Callisto” upgrade. Since the downtime,…
Algorithmic stablecoins: what are they? Important Elements and Their Danger
Important lessons learned A cryptocurrency known as a stablecoin is one that is based on the value of a real asset, such as gold or fiat money. Because such tokens…
Shibarium Announces Significant Hard Fork Upgrade To Increase Token Burn
Shiba Inu News: In a recent announcement, Shibarium Network stated that a significant hard fork upgrade will be implemented to increase token burns. The SHIB community is buzzing about the…
Russia is trying to “seize the moment” in digital assets, and Putin has signed a regulation pertaining to crypto mining
Russia is making great strides toward leveraging the digital asset economy, as evidenced by the recent signing of a new law by President Vladimir Putin that advances laws pertaining to…
To bring cross-chain DeFi and Bitcoin together, Near Protocol introduces Chain Signatures
According to a statement released by NEAR Protocol on August 8 and shared with CryptoSlate, the technology known as Chain Signatures enables smart contracts to sign transactions across any blockchain…
Metis Combines Chainlink CCIP To Provide Cross-Chain Capabilities
The most recent project to incorporate support for Chainlink’s cross-chain interoperability protocol (CCIP) is Metis, a well-known Layer 2 network. On August 8, Metis implemented CCIP, and as of right…
Twitter’s cryptocurrency pump and dump of Trump Memecoin
In less than seven days following the release of the most recent “official” Donald Trump memecoin, cryptocurrency Twitter pushed and dumped a different token that was purportedly associated with the…
Bitcoin and Ethereum Rebound Even as Genesis Keeps Making Repayments
Genesis, the now-bankrupt centralized cryptocurrency lending company, has transferred $13 million in assets to compensate those affected by their collapse, less than two hours after Bitcoin recovered $59,000. The transfers…
A million wallets are active on the Sonic testnet, with 600 million transactions
The L2 is the first gaming platform powered by a Solana Solana sol 3.13% virtual computer. It is not the same as Fantom’s Sonic enhancement, Fantom ftm 8.05%. In details…
WazirX will reverse all trades after a withdrawal freeze linked to a $230 million hack
WazirX, an Indian cryptocurrency exchange, declared on July 18 that it would reverse every trade made after its withdrawal ban. The exchange stated that all users will have their portfolio…
Solana observes record Jito validator tips in the midst of fresh coin launches and an increase in network traffic
The ecology of Solana is humming with activity, and Jito validators are benefiting from it. Jito validator tips have increased dramatically; last week, they hit an all-time high of 17,290…
The “memecoin frenzy” in Solana makes Rust devs more necessary
Rust coders are in more demand as a result of the Solana memecoin craze that started in the first half of 2024, according to the CEO of a cryptocurrency jobs…
Binance Labs provides financing to Solayer
The $10 billion venture capital and incubator division of cryptocurrency exchange Binance, known as Binance Labs, has made an undisclosed investment in Solayer, a Solana restaking system. The investment made…
Million-dollar agreement between MetaTrust Labs and ChainSwap to improve cross-chain privacy
The firms announced on Wednesday that MetaTrust Labs and ChainSwap have formed a strategic agreement valued at up to $1 million with the goal of improving cross-chain financial privacy. A…
LiFi and Solana merge to improve dApp cross-chain communication
DeFi protocol In a statement issued with CryptoSlate on August 7, Li.Fi announced its entry into the Solana ecosystem with the goal of improving user experience across decentralized applications (dApps)…
Grayscale Introduces Sui and Bittensor Funds
With $23 billion in assets under management, Grayscale Investments is the largest distributor of digital asset solutions in the world. It has introduced two new cryptocurrency trusts that will provide…
Ethena Labs Announces Gradual SOL Integration and Expands USDE to Solana
USDE Stablecoin Project Expands to Solana with Support from SOL Even though Ethena Labs had redemptions of over $300 million in less than two weeks, they continued with the Solana…