Category: Altcoin
The meme coin on BLAST – Pacmoon is relocating to Solana
Its developers revealed on X today that Pacmoon ($PAC), the biggest memecoin on the Blast network by market capitalization, is switching from the Ethereum Layer-2 blockchain to Solana. According to…
$125 million fine for Ripple; the entire SEC demand is denied by the judge
A court document states that Ripple has been penalized $125 million in connection with its multi-year legal battle with the U.S. Securities and Exchange Commission. The petition, which was signed…
Revenue from cryptocurrency on Robinhood increased by 161% in Q2 as $21.5 billion was traded
The commission-free brokerage company Robinhood released its second quarter profit results on Wednesday afternoon. The results showed significant year-over-year increases in trading volume and bitcoin transaction income. According to the…
Alarming 112% Increase in Cryptocurrency Hacks and Frauds in Q2 2024, According to Immunefi Report
According to Immunefi, the two biggest exploits of the year caused $360 million in losses in Q2 2024, or 62.8% of all damages. At 98.5%, successful hacking efforts accounted for…
To integrate blockchain ecosystems, Succinct and Nubit introduce Nuport
The modular blockchain will be able to connect to other blockchains, including Solana (10.11% Solana), Ethereum (eth 1.21% Ethereum), and Bitcoin (btc 2.55% Bitcoin), according to Nubit’s release on August…
Ubisoft and Arbitrum Collaborate on the G.A.M.E., a Web3 game created by Captain Laserhawk
An official statement states that Captain Laserhawk: the G.A.M.E., a video game that features characters from well-known franchises like Assassin’s Creed and Rayman, would broaden the universe of Captain Laserhawk:…
A $11.8 million outflow to MEV bot white hats causes the Ronin Bridge to halt
Axie Infinity, a play-to-earn game connected to the blockchain network Ronin RON -0.98%, stopped its bridge on Tuesday morning due to withdrawals of $11.8 million to MEV bots. Around 9:37…
Curio, a web3 gaming studio, raises $5.7 million for startup money
Curio, a web3 game development startup, raised $5.7 million in initial money under the direction of SevenX Ventures and Bain Capital Crypto. OKX Ventures took part in the latest funding…
BlackRock and Nasdaq are pushing for Ethereum ETF choices on spot
The largest asset manager in the world, BlackRock, and exchange Nasdaq intend to list and trade options for its spot Ethereum exchange-traded fund. A rule change to list and trade…
Despite the decline in price, Justin Sun spends $37 million on Ethereum: Report
According to reports, TRON founder Justin Sun has paid millions of dollars in USDT to purchase more Ether, which is presently stored in a fresh cryptocurrency wallet address that was…
Fear grips the cryptocurrency market as Polygon’s MATIC Tanks to Over 2-Year Lows
The native token of the Polygon PoS chain, MATIC, saw a parabolic run in Q1 2024. Since then, it has been stuck in a months-long drop, broken up by a…
DeFi powerhouse Aave generates $6 million in income despite erratic market conditions
Leading DeFi platform Aave Protocol generated over $6 million in sales during the current market downturn. Aave made $802,000 from a $7.4 million wrapped Ether (WETH) liquidation, according to on-chain…
According to Kaiko Analytics, XRP Demand on Crypto Exchanges Rebounds to Pre-Lawsuit Levels
Demand for XRP is back, according to Kaiko, following a protracted legal battle with the U.S. Securities and Exchange Commission (SEC) that finally resulted in a decision that XRP sold…
Zircuit claims to have launched the ZRC token airdrop and launched the first mainnet phase
For Zircuit, an EVM-compatible zero-knowledge rollup with AI-enabled sequencer-level security, the first phase of the mainnet and ZRC token claims procedure has been made available. Zircuit seeks to protect customers…
The market cap of Solana Memecoin drops by double digits
The Solana SOL based memecoin market cap has experienced a double-digit decline over the last 24 hours due to volatility in international markets and the sell-off of large cryptocurrency holdings…
As VIX rises to its highest level since the COVID-19 market panic, the cryptocurrency market may see increased volatility, according to an Abra expert
The macroeconomic collapse that engulfed international markets over the weekend was initially felt in the Bitcoin market, and one analyst predicts that volatility will only increase. According to Bohan Jiang,…
Bitcoin Mining Gets Harder as the Price Drops
Even if the price of bitcoin has recently dropped, mining difficulty is still a very amazing statistic. According to data from BTC.com, the difficulty of Bitcoin hit a new all-time…
Is Solana no longer questioned by the SEC? It’s Hard to Understand
One of the main opponents of the cryptocurrency sector seems to be giving up on supporters of the industry earlier this week: In its well-known legal battle against Binance, the…
The Blast Community Token PacMoon is Going to See a Significant Change
Since Blast is no longer the project’s promised location, the community token PacMoon is looking for new potential home on other blockchains. The Blast Community Token PacMoon Is Considering Growing…
A fundraising round of $1.64 million is introduced on the bitcoin asset marketplace in South Africa
Platform for Regulated Alternative Capital Raising Recently, a $1.64 million (ZAR30 million) capital round for the South African reverse mortgage provider Water Financial was announced by the decentralized cross-asset marketplace…