Category: Altcoin

31
Jul
2024
Posted in Altcoin

Tron has earned more money in the past 24 hours than both Ethereum and Solana together

Tron (trx): -4.54% TRON’s revenue the day before was more than $1.4 million on Tuesday. Comparatively, throughout the same time frame, Ethereum Ethereum eth -1.24% Ethereum, the second-largest cryptocurrency network…

31
Jul
2024
Posted in Altcoin

Anoma Foundation Aims to Value $1 Billion During Crypto Funding Boom

The Anoma Foundation, situated in Zug, Switzerland, is reportedly in discussions with investors to fund $40 million, according to a recent Bloomberg story. The negotiations are still ongoing, and the…

31
Jul
2024
Posted in Altcoin

Router Protocol, supported by Coinbase, introduces its own Layer 1 blockchain

Project for Interoperability A Layer 1 network has been introduced by Router Protocol to facilitate the creation of decentralized applications that operate on several blockchains. Through the use of the…

31
Jul
2024
Posted in Altcoin

Losses from cryptocurrency scams and hacks have exceeded $1 billion so far this year: Immunodefi

According to the most recent report from web3 bug bounty and security services platform Immunefi, the cryptocurrency sector has lost over $1.19 billion as a result of 149 hacks and…

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31
Jul
2024
Posted in Altcoin

Movement Labs joins Polygon’s AggLayer; $160 million is invested for the testnet launch TVL

San Francisco-based Movement Labs, a blockchain development business, has joined Polygon’s AggLayer for Ethereum Layer 2s concurrently with the public testnet launch. Currently being developed by Polygon Labs and other…

31
Jul
2024
Posted in Altcoin

Trading activity in Solana’s DEX ecosystem may be surpassing that of Ethereum

A noteworthy accomplishment has been made by Solana’s decentralized exchanges, as the volume ratio of the SOL -2.23%: ETH -1.40% DEX has reached an unprecedented 136%. This unexpected turnabout would…

31
Jul
2024
Posted in Altcoin

Lava Network airdrops 55 million tokens and starts a public mainnet

Lava Network airdrops 55 million tokens and starts a public mainnet The project began with a large token float and capped supply in order to experiment with tokenomics. Filecoin FIL…

30
Jul
2024
Posted in Altcoin

Compound and crypto whale Humpy come to an amicable agreement following a contentious vote to transfer $24 million in tokens

In order to meet the needs of all stakeholders, including Humpy as a delegate and COMP holder, a new offer puts up a new staking product. A truce was mediated…

30
Jul
2024
Posted in Altcoin

Slovenia Issues the First Digital Sovereign Bond in Europe

The first nation in the European Union to issue a sovereign digital on-chain bond was Slovenia. The July 25 bond, valued at $30 million euros or $32.5 million, is a…

30
Jul
2024
Posted in Altcoin

Get Your Share of the PancakeSwap Airdrops 2.4M ZK Right Now!

Airdrops from PancakeSwap are a component of an initiative to promote platform engagement and reward loyalty. The PancakeSwap community’s veCAKE holders, previous liquidity suppliers, active traders, and ZKsync predictors will…

30
Jul
2024
Posted in Altcoin

A cryptocurrency trader updates the FLOKI outlook, stating that one rival to Ethereum is the fastest horse this cycle

On the social media platform X, pseudonymous analyst Inmortal informs his 214,500 followers that he is eyeing Solana (SOL). Inmortal tells his followers that if Solana’s price behavior resembles that…

30
Jul
2024
Posted in Altcoin

Chainlink Integration for Real-Time Ethereum Reserve Verification is Announced by 21shares

21shares Uses Chainlink To Increase CETH Transparency 21shares revealed on Monday that the move eliminates central points of failure and offers automated onchain verification by utilizing Chainlink’s decentralized data verification…

30
Jul
2024
Posted in Altcoin

Wazirx shares an additional cyberattack recovery plan and states that the poll is not final

Wazirx Places a Strong Focus on Community Input to Shape Upcoming Plans The Indian cryptocurrency exchange Wazirx provided its users with an update on Monday regarding its efforts to resume…

30
Jul
2024
Posted in Altcoin

Weekly transactions on Cryptonica reach $10 million

Access to digital assets is facilitated by Cryptonica’s network of 6,000 ATMs, which is spread across 22 nations. Sixty-two percent of these ATM transactions utilize Bitcoin. Bitcoin (btc -4.57%), with…

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30
Jul
2024
Posted in Altcoin

QCP Capital analysts claim that cryptocurrency needs a “more significant catalyst” than Trump’s statement on bitcoin in 2024

For the cryptocurrency market to have a significant breakout, economists believe there needs to be a bigger catalyst than former US President Donald Trump’s Bitcoin BTC -3.92% 2024 statement. Trump’s…

30
Jul
2024
Posted in Altcoin

WazirX receives criticism for its “socialized loss strategy” following a $230 million scam

After revealing on Saturday that it would implement a socialized loss policy in the wake of the security breach on July 18 that cost it around $230 million, or 45%…

30
Jul
2024
Posted in Altcoin

The proposed fee switch by AAVE causes the AAVE coin to surge significantly

The founder of one of the leading independent companies offering Aave services (AAVE +2.76% DAO), Marc Zeller, released a temperature check on Thursday, July 25, regarding a new Aave governance…

29
Jul
2024
Posted in Altcoin

China’s Crypto Ban is contested by Justin Sun as the US Gets Ready for Crypto Leadership

Amid US political shifts, Justin Sun calls on China to reconsider its ban on cryptocurrencies In a recent article on X, TRON DAO founder Justin Sun urged China to develop…

29
Jul
2024
Posted in Altcoin

Explained: WazirX Poll’s Effect on Users, Tax Consequences, and Withdrawal Limits

After a big hack, customers have two alternatives to partially restore access to their cash, according to the most recent WazirX poll. These alternatives, their effects on users, the tax…

29
Jul
2024
Posted in Altcoin

ClickCity: A New Era in Real Estate Investment Gaming is Introduced by Lufina

To celebrate the first exchange listings of its FINA token, Lufina, a leader in real estate investment through tokenization, has announced the release of ClickCity, a cutting-edge tap-to-earn game. Players…