Category: Altcoin
Investors and market makers in ZKX claim that the abrupt halt caught them off guard
According to their X postings, investors in the recently closed decentralized exchange ZKX, which ran on Starknet, were taken aback by the protocol’s shutdown. In response to ZKX’s millions in…
A September rate drop by the Fed is encouraging for bitcoin
On July 31, Federal Reserve Chair Jerome Powell and other officials opted to keep interest rates at their current levels, according to minutes from the committee’s meeting. Powell and the…
40% Drop in Kujira Token Following the Foundation’s Liquidation
Kurjia’s native token, KUJI, is falling sharply as a result of the foundation’s leveraged liquidity position liquidation. According to DeFiLlama, Kujira’s KUJI coin is down 42% for the day, while…
Solana uses $55 billion to flip Ethereum DEX volume
-2.77% Solana Solana sol According to DefiLlama, Solana DEX volume reached $55.8 billion in July, surpassing Ethereum’s on-chain trading activity between July 1 and July 31 (Ethereum eth -0.12%). The…
Montenegro challenges court decisions South Korea will receive Do Kwon’s extradition
The former CEO of Terraform Labs, Do Kwon, was ordered to be transferred to South Korea by a Montenegron appeals court, who rejected the United States’ plea to extradite him….
Cypherpunk Holdings presses farther for Solana— once again
According to its most recent public filing, Cypherpunk Holdings, an investment business situated in Toronto, Canada, has boosted its exposure to Solana SOL -2.76% once more. The company has acquired…
Bybit is going to discontinue providing services and goods in France
The cryptocurrency exchange Bybit has made the decision to close its doors in France. French users won’t be able to buy any kind of produce, create new positions, or add…
With Ribbit Capital leading the latest funding round, Morpho Labs raises $50 million
The most recent fundraising round, according to a formal statement from Morpho Labs, aims to further the network’s decentralization and further its goal of turning financial infrastructure into a public…
Over $4 million in tokens are lost due to a Terra Blockchain exploit
Following the depletion of millions of dollars’ worth of tokens due to an exploit, the Terra blockchain was suspended Wednesday morning. The blockchain will pause at block height 11430400, according…
As Solana Neiro Coins Battle, an Ethereum Rival Overtakes Them
This past weekend, the owner of the dog that gave rise to the Doge meme declared she had taken in a 10-year-old Shiba Inu rescue named Neiro, which sparked a…
The introduction of the Elixir Synthetic Dollar, deUSD, with $1 billion in liquidity support
A modular blockchain project The synthetic dollar asset known as deUSD has been officially released by Elixir. This new product aims to create a decentralized rival in the stablecoin market…
The GMX suggested revenue model update is now in the on-chain vote stage
The new income sharing mechanism is intended to increase the long-term value of the GMX gmx -6.44% GMX token, according to an announcement made on July 31. As of right…
Polyhedra Network opens beta testing for Proof Cloud
ZK proofs will be easier to obtain in web2 and web3 contexts thanks to Proof Cloud. Proof Cloud, backed by Google Cloud, Polygon Polygon matic -5.62% Polygon, Linea, and Lita,…
Price increases for Aave due to whale accumulation and V3.1 release
Details showing whales have aggressively accumulated Aave Aave aave -1.14% Aave over the previous two days were shared by Lookonchain on July 31. According to the data, whales withdrew over…
Breakout, a crypto-focused private trading company, has raised $4.5 million in seed money
A seed fundraising round headed by RockawayX has generated $4.5 million for Breakout Trading Group, a crypto proprietary trading company. Breakout said on Wednesday that additional investors in the round…
$9 million Series A financing for Daylight, a DePIN initiative, is led by A16z Crypto
In a Series A fundraising round headed by A16z Crypto, Daylight, a decentralized physical infrastructure network (DePIN) initiative centered on energy delivery, raised $9 million. According to Daylight on Wednesday,…
During the first half of the year, Tether makes a record $5.2 billion in earnings
Leading stablecoin company Tether USDT -0.037% reported a record net profit of $5.2 billion for the first half of 2024 in its most recent quarterly attestation, which was revealed on…
In a recent upgrade, Telegram introduces a mini-app store and in-app browser
Along with other changes, the crypto-friendly communications platform Telegram has released a browser and a little app store. Telegram CEO Pavel Durov stated on the messaging app that users can…
Brad Garlinghouse, CEO of Ripple, criticizes the SEC for its lack of transparency and hypocrisy
The CEO of Ripple, Brad Garlinghouse, attacked the US Securities and Exchange Commission for its uneven and hypocritical enforcement of its regulations. Brad Garlinghouse, CEO of Ripple, criticizes the SEC…
Analyst: XRP price may soon see a “mega breakout”
Ripple XRP 7.21 percent One of the best-performing cryptocurrencies on Tuesday was XRP, as investors paid attention to the US government’s moves with Bitcoin. According to data from Arkham, the…