Category: Altcoin
A partnership to improve decentralized KYC procedures has been announced by Transak and Privado ID
Transak Collaborates with Privado ID to Streamline KYC The collaboration between Privado ID, a privacy-centric identity management expert, and Transak, a cryptocurrency payments gateway, is considered by both teams to…
Over $300 million in cryptocurrency liquidations as Bitcoin and altcoin values collapse
Buyers are facing a possible decline to the psychologically significant $60,000 level following today’s slide in Bitcoin, as bulls were unable to hold key price levels as the cryptocurrency went…
Tether stops minting USDT on both blockchains and stops supporting EOS and Algorand
Tether will stop minting on both blockchains today, hence ending support for the EOS +2.54% and Algorand implementations. USDT redemptions on EOS and Algorand will continue for the upcoming year….
The proposed Arbitrum asks DAO to activate delegate staking rewards in order to improve governance security
As a delegate in the Arbitrum ecosystem and a key team member at Tally, Frission has proposed a mechanism that gives holders of ARB tokens who actively stake and delegate…
Following the token launch, ZKsync’s value has dropped by 40%
ZK, the much awaited token from ZKsync, debuted on June 17 with a market valuation of more than $1 billion. ZK’s market value experienced a brief rise in the early…
As the regulations for MiCA stablecoins take effect, RWA platform Swarm Markets will provide tokenized gold through NFTs
One platform for real-world assets (RWAs) sees a method to supply an asset-backed token with just over a week left before the EU’s Markets in Crypto-Assets Regulation (MiCA) stablecoin laws…
Prior to the airdrop, Blast announces the groundwork for protocol governance
The creator of the controversial NFT marketplace Blur, Blast, an Ethereum Layer 2 network, announced on Monday that it is building a foundation to assist in governing the protocol. Two…
CoinStats advises users to transfer their money out of platform-created wallets in light of a security problem
A security breach that affected the platform has caused CoinStats, a well-known tool that assists users in creating wallets and tracking their cryptocurrency portfolios across many chains, to urge customers…
The Fantom Foundation has given the Sonic Labs Accelerator Program around $144,000,000 in FTM
Sonic is intended to function as a native layer-2 chain connected to Ethereum (ETH) and a high-throughput layer-1 chain. According to the Fantom Foundation, the donation demonstrates its commitment to…
A huge phishing fraud costs a MakerDAO delegate $11 million
The problem happened a few hours ago when the user unintentionally signed multiple bogus Permit network signatures, according to Scam Sniffer, a web3 anti-scam tool. The scammer with address 0x73…bb96…
Amidst claims of LayerZero tokens, Arbitrum’s daily revenue surged to a record $3.4 million
The Ethereum Layer 2 network Arbitrum had a record-breaking jump in daily revenue to $3.4 million (in ETH) on Thursday since it was the coordinating chain for LayerZero’s ZRO token…
‘Fee-free’ bitcoin bridge adoption through Nomic is the result of Cosmos DEX Osmosis’ DAO vote
Osmotic Adopting a fee-free bitcoin bridge using the decentralized bridging protocol Nomic is scheduled to be voted on by the community that oversees the appchain Osmosis and the Cosmos-based decentralized…
Funds are being raised by Pantera Capital for a second TON token investment
Funding for a new fund dedicated to investing in Toncoin (TON -2.50%) from The Open Network is being sought after by Pantera, a cryptocurrency venture capital firm that is increasing…
In light of the growth of generative AI, Verida raises $5 million to secure user data
Verida, the creator of the DePIN network, has raised $5 million to address the rising worries about user data privacy in the Big Tech AI era. O-DE Capital Partners, ChaiTech…
In a community vote, Aave DAO signals unanimity in favor of deploying on ZKsync
In cooperation with service providers BGDLabs and Catapulta, the community of the lending protocol Aave AAVE -2.72% has overwhelmingly voted in favor of an early proposal to implement the lending…
Researchers from Polkadot suggest significant modifications to the established DOT unbonding procedure
A suggestion to shorten the unbonding period for staked DOT tokens is being offered for feedback by two researchers at Web3 Foundation, the company that created Polkadot. On June 19,…
WLD Price Rises 14% as Worldcoin Plans to Return to Kenya and Launches in Ecuador
Sam Altman of OpenAI co-founded Worldcoin, a cryptocurrency initiative that is growing by launching its World ID orb verifications in Ecuador. This is a big milestone as the project gets…
Immunefi, a Web3 bug bounty network, has paid out more than $100 million to ethical hackers
Immunefi, a Web3 bug bounty and security services platform, has paid out more than $100 million to ethical hackers and researchers. According to the team, the achievement came almost three…
Through a token sale, modular blockchain Particle Network raises $15 million
Particle Network, a modular blockchain developer focused on chain abstraction technology, has raised $15 million in a Series A funding round. The Spartan Group and Gumi Cryptos Capital co-led the…
Midas launches mBASIS, a new yield-bearing coin, to compete with Ethena
mBASIS is a brand-new yield-bearing token that Midas, a tokenization platform supported by Coinbase Ventures and other investors, has introduced. Midas announced on Thursday that mBASIS is an ERC-20 token…