Category: Altcoin
Closed beta for Shiba Eternity launches: Web3 Migration, NFT Inventory, and Improved Player Experience
The marketing lead for Shiba Inu, Lucie, recently announced on X that the much awaited collectible card game, Closed Beta, has now officially launched on the Shibarium mainnet. This card…
A Bloomberg analyst believes that approval of the Solana ETF depends on Trump’s victory in 2024
The CBOE website recently removed the 19b-4 files from VanEck and 21Shares, which makes it seem unlikely that the spot Solana ETF would be approved in the US at this…
Together, Aethir and Return Entertainment Will Revolutionize Gaming on Smart TVs
Return Entertainment, a cloud-native gaming firm aiming for the smart TV market, has teamed with Aethir, a GPU-as-a-service provider and decentralized physical infrastructure (DePIN) initiative. Through this partnership, Return Entertainment’s…
China Mobile and Conflux Network to Introduce Ground-Breaking Digital Collectibles
As the first public blockchain in China that complies with regulations, Conflux Network has established a major alliance with China Mobile, the nation’s biggest telecom operator with more than one…
$2 million is secured by Nexus Interactive for the expansion of Web3 gaming
The money will go into creating new games and improving Nexus Interactive’s current environment, which has already generated a lot of income and community involvement. Animoca Brands, Jump Crypto, and…
Story Protocol Puts Up a $80 Million Bid to Restructure Intellectual Property Rights in the AI Age
In order to develop Story Protocol, a layer-1 network for licensing and protecting intellectual property in the digital age, PIP Labs announced $80 million in Series B fundraising on Wednesday….
Investors Pantera Capital Purchases Animoca’s TON-connected GAMEE
The mobile gaming platform that powers the WatBird game, GAMEE, is a division of Animoca Brands, and Pantera Capital has invested in it. WatBird was created as a Telegram Mini…
As the hash price of bitcoin stays low, interest in mining Kaspa and Alephium is growing
Cryptocurrency Miners Go Beyond As of today, in the final four months of 2024, the fourth most profitable way to mine bitcoin is by employing the SHA256 consensus algorithm. The…
Launching on the ZKsync-powered Era mainnet, Aave aims to utilize it to its “maximum”
As part of a larger embrace of its ecosystem, the pioneering decentralized lending protocol Aave launched Aave V3 on the Era mainnet, powered by ZKsync. The Elastic Chain ecosystem, a…
Nym releases a VPN app that protects privacy in beta
The same-named mixnet’s privacy-preserving business, Nym Technologies, has announced a virtual private network, or VPN, that will help protect users’ identities online. The team noted in a news release that…
It appears that McDonald’s Instagram account was hacked to advertise the Solana token “Grimace”
It appears that a Solana memecoin has been promoted through the hacking of McDonald’s Instagram account. The McDonald’s account on the social media network seems to be promoting the Solana-based…
An annual high for Aptos user transactions was reached, prompting concerns about the viability of the rapidly increasing blockchain volumes
On August 15, there was a huge spike in activity on the Aptos blockchain, with 69 million transactions per day. Compared to the network’s usual daily average of about one…
In October, Starknet will introduce STRK Staking!
A major development in the ecosystem was announced by the Ethereum Layer 2 network Starknet: STRK holders would vote to allow STRK staking on the mainnet for the first time….
In its debut, Solana’s Polymarket Rival Drift Attracts More Than $3 Million in Liquidity
Following the debut of BET on Monday, the Solana-based decentralized exchange Drift Protocol, the growing interest in blockchain-based prediction platforms among cryptocurrency enthusiasts, surged. Abbreviated as BEA (Bearish on Everything),…
Brazil Approves Another Solana ETF
This week, the Brazilian securities authority authorized the second Solana exchange-traded fund (ETF), the second such action in August. Although the cryptocurrency-based investment vehicle is becoming more popular in Brazil,…
Volume of on-chain derivatives trades falls for the third consecutive week
Based on DefiLlama data, weekly trading volumes for on-chain derivatives have decreased for the third week in a row, possibly indicating a lack of risk appetite among traders. Macroeconomic uncertainties…
As Justin Sun Eats Into Solana’s Dominance, Tron Meme Coin SUNDOG Soars 100X
The Tron blockchain has given rise to a meme coin called Sundog (SUNDOG), which has surprised the cryptocurrency industry. A few days ago, its market capitalization was $2 million; today,…
Clearpool creates an Optimism ecosystem Layer 2 chain driven by Caldera
Clearpool, a marketplace for undercollateralized loans, is developing on Ozean, a Layer 2 blockchain that will be integrated into the Optimism ecosystem. Based on the OP Stack, Ozean will donate…
Galxe debuts its Layer 1 Gravity chain’s alpha mainnet
The alpha mainnet of the Layer 1 blockchain Gravity has been made available by the Web3 credentials and rewards platform Galxe. All of Galxe’s products, including Quest, Compass, Passport, and…
Developer incentives and a bounty scheme are announced by Sonic Labs
The Sonic Boom and Sonic Gems bounty program aims to support the first wave of applications on the Sonic platform, according to a press release. The project aims to target…