Category: Altcoin

18
Dec
2024
Posted in Altcoin

Saga Collaborates with Uniswap to Launch Mainnet 2.0

Blockchain protocol at layer one Saga announced a new partnership with Uniswap, a significant decentralized exchange (DEX), and the launch of its Mainnet 2.0. According to a press statement shared…

18
Dec
2024
Posted in Altcoin

To encourage the use of stablecoins in Europe, Tether invests in StablR

In an effort to promote the use of regulated digital assets in the European market, Tether has announced an investment in StablR, a stablecoin provider based in Europe. As regulatory…

18
Dec
2024
Posted in Altcoin

Japan’s Animoca Brands supports Oasys, a blockchain gaming platform

On December 17, the gaming-focused blockchain said that Animoca Brands’ Japan division had invested directly in Oasys and will be joining as a new validator. Oasys will increase its footprint…

17
Dec
2024
Posted in Altcoin

The Monad Foundation was established to encourage the use of Layer 1, which is compatible with Ethereum

The establishment of the Monad Foundation, a separate entity dedicated to advancing and developing the Monad blockchain, was announced by Monad Labs on Monday. As Monad approaches a possible mainnet…

17
Dec
2024
Posted in Altcoin

Since the token introduction, Hyperliquid has had net inflows of nearly $1 billion USDC

According to blockchain analytics company Spot On Chain, since the introduction of its native token, Hype, Hyperliquid, the decentralized perpetual trading platform and Layer 1 blockchain, has seen over $1…

17
Dec
2024
Posted in Altcoin

Launching Avalanche subnets is made simpler and less expensive with the anticipated Avalanche9000 upgrade

According to a statement, Avalanche, the Layer 1 blockchain that is application-friendly, released its much awaited Avalanche9000 update on Monday. Among the many new features included in the update are…

17
Dec
2024
Posted in Altcoin

Ripple will introduce RLUSD today

December 17 is the launch date of Ripple’s eagerly awaited U.S. dollar-pegged stablecoin. Tomorrow, RLUSD will be accessible on international exchanges. U.S. dollar deposits, U.S. government bonds, and cash equivalents…

16
Dec
2024
Posted in Altcoin

Funding Roundup: COSIMO Digital raises $25 million

The digital asset firm COSIMO Ventures rebranded itself as COSIMO digital earlier this week and announced a $12 million strategic financing round. Des Mac Intyre, a former Bridgewater executive, is…

16
Dec
2024
Posted in Altcoin

Sun-connected Justin Coinbase is being sued by BiT Global for delisting wBTC and introducing a rival

The cryptocurrency exchange giant Coinbase, which last month chose to delist the asset and introduce a rival offering, is being sued by Justin Sun’s BiT Global, a company that recently…

16
Dec
2024
Posted in Altcoin

MagicBlock’s “ephemeral rollup” technology is open source and supported by A16Z

MagicBlock, a Solana gaming infrastructure firm, has revealed Lightspeed that it is releasing its ephemeral validator, which generates transient Solana rollups that accelerate up transaction processing, open source. MagicBlock thought…

16
Dec
2024
Posted in Altcoin

In 2024, Solana had the largest percentage of new developers: Electric Money

Understanding developer activity is important if developer mindshare is any measure of innovation. For this reason, when Electric Capital publishes its annual developer report, the industry takes notice. About 23,613…

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16
Dec
2024
Posted in Altcoin

Drake’s X account appears to have been compromised and was used to advertise Solana memecoin

On Saturday night, it appears that a Solana memecoin based on Canadian superstar Drake’s cartoon “alter ego” was promoted through his X account. A post by a since-deleted X account…

16
Dec
2024
Posted in Altcoin

Ant Digital and Sui Blockchain Collaborate to Tokenize ESG Assets

In order to tokenize real-world assets (RWAs) with an emphasis on environmental, social, and governance (ESG) assets, Sui, a Layer-1 blockchain, has announced a strategic relationship with Ant Digital, the…

13
Dec
2024
Posted in Altcoin

Uplink debuts as Layer 1 blockchain Avalanche’s first DePIN

On the Layer 1 blockchain Avalanche, the decentralized physical infrastructure network (DePIN) platform Uplink has gone live. Uplink, a decentralized physical infrastructure network (DePIN) platform, is the first DePIN project…

13
Dec
2024
Posted in Altcoin

With its most recent acquisition, Step Finance hopes to introduce tokenized stocks, such as Nvidia and Tesla, to Solana

Early-stage business Moose Capital, which specializes in tokenizing conventional equities with the goal of enabling consumers to purchase and sell shares of firms like Nvidia and Tesla directly on the…

13
Dec
2024
Posted in Altcoin

Avalanche’s $250 million locked token sale is led by Galaxy Digital, Dragonfly, and ParaFi Capital

Blockchain project at Layer 1 Galaxy Digital, Dragonfly, and ParaFi Capital are leading a locked token sale that will raise $250 million, according to Avalanche. The tokens sold will have…

13
Dec
2024
Posted in Altcoin

To increase its Ethereum investing options, Grayscale introduces Lido DAO and Optimism Trusts

The Grayscale Lido DAO Trust and the Grayscale Optimism Trust are two new cryptocurrency investment vehicles that Grayscale Investments has announced would give accredited and institutional investors access to tokens…

13
Dec
2024
Posted in Altcoin

AgriDex, a tokenization platform located in Solana, has raised $4 million in strategic capital

In a strategic funding round, AgriDex, a tokenization platform centered on agricultural commodities and based in Solana, has raised $4 million. HU Investments, FS Ventures, Endeavour Ventures, Hawkwood Capital, and…

12
Dec
2024
Posted in Altcoin

BlackRock and Fidelity ETFs purchased $500 million worth of Ethereum in the past two days: Arkham

According to the cryptocurrency data tracking platform Arkham, exchange-traded funds owned by banking behemoths BlackRock and Fidelity bought $500 million worth of ether over the last two days. According to…

12
Dec
2024
Posted in Altcoin

Launch of Balancer V3 with Aave Collaboration for Enhanced Pools

Protocol for decentralized exchange Balancer has released its V3 update, which aims to increase trading volume, boost liquidity, and offer additional developer tools. By merging its permissionless automated market maker…