Category: Altcoin

21
Oct
2024
Posted in Altcoin

Following a six-day inflow streak, US spot bitcoin ETFs reach their highest recorded total asset value

Since the funds’ January inception, the twelve US-based spot bitcoin exchange-traded funds have amassed the largest overall net asset value, setting a new record. According to SoSoValue data, the funds…

18
Oct
2024
Posted in Altcoin

Raising $12.5 million Series A at a token valuation of $100 million, zkPass

In a Series A fundraising round, zkPass, a privacy-preserving technology for data verification, has raised $12.5 million. Dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures,…

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18
Oct
2024
Posted in Altcoin

Yellow Card, an African stablecoin exchange, has raised $33 million in Series C led by Blockchain Capital

Blockchain Capital, a cryptocurrency venture, has spearheaded a $33 million Series C fundraising round for Yellow Card, an African stablecoin exchange. According to a release, Nigeria-based Yellow Card, a Coinbase…

18
Oct
2024
Posted in Altcoin

Launching a mainnet, Ostium Labs is a startup creating onchain perpetuals marketplaces for conventional assets

On Thursday, the public mainnet of Ostium Labs, a new blockchain-based perpetuals trading platform, was launched. Ostium is focusing on traditional market currencies and global macro markets, in contrast to…

17
Oct
2024
Posted in Altcoin

It looks that Radiant Capital experienced a $51 million hack on its Arbitrum and BNB Chain instances.

The money market on a chain Onchain data and Web3 security Ancilia appear to indicate that Radiant Capital is being exploited. Based on information from Arkham Intelligence, the attack started…

16
Oct
2024
Posted in Altcoin

Canary Capital requests SEC clearance for a Litecoin spot ETF

A few days after registering an XRP product, Canary Capital registered a Litecoin exchange-traded fund with the U.S. Securities and Exchange Commission. For the Canary Litecoin ETF, the cryptocurrency investment…

16
Oct
2024
Posted in Altcoin

Network State initiative Praxis gets $525 million to create a city that welcomes cryptocurrency

The ambitious project Praxis, which describes itself as the first Network State in history, revealed on Tuesday that it had raised $525 million to fund the construction of a tech-forward…

16
Oct
2024
Posted in Altcoin

Securitize and Zero Hash enable BlackRock’s BUIDL fund to convert USDC to USD

In a statement released on Tuesday, it was announced that eligible investors could now become subscribers to BlackRock’s USD Institutional Digital Liquidity Fund by exchanging USDC stablecoins for US dollars…

15
Oct
2024
Posted in Altcoin

Users of Hyperliquid will receive HYPE tokens in a future airdrop, according to the recently established Hyper Foundation

According to a post on X, the recently established Hyper Foundation declared on Monday that it will be launching a native token, named HYPE, in advance of the impending HyperEVM…

14
Oct
2024
Posted in Altcoin

Epic Games Store #1 spot goes to the battle royale game Off The Grid, which has planned cryptocurrency features

Recently, Off The Grid, a cyberpunk-themed battle royale video game that is now playable in early access, surpassed well-known games like Fortnite and Genshin Impact to become the top free-to-play…

14
Oct
2024
Posted in Altcoin

Subject to court clearance, Avalanche Foundation will buy back the tokens that Terra’s LFG purchased in the 2022 agreement

To strengthen its reserves, the Singapore-based nonprofit Luna Foundation Guard, which had been supporting the since-collapsed Terra ecosystem with its stablecoin UST and token LUNA, acquired $100 million worth of…

14
Oct
2024
Posted in Altcoin

On October 15, World Liberty Financial will begin its public token auction for WLFIOn October 15, World Liberty Financial will begin its public token auction for WLFIOn October 15, World Liberty Financial will begin its public token auction for WLFI

On Tuesday, WLFI tokens from World Liberty Financial will go up for public sale. World Liberty Financial is a DeFi initiative that is supported by former President Donald Trump and…

11
Oct
2024
Posted in Altcoin

Liberland, a micronation centered on cryptocurrencies, has chosen Tron founder Justin Sun as its prime minister

The prime minister of Liberland, a self-declared micronation positioned between Croatia and Serbia, is Justin Sun, the founder of Tron. The sovereign state of Liberland announced in a statement on…

11
Oct
2024
Posted in Altcoin

Ripple files a notice of cross-appeal in the ongoing SEC lawsuit

Ripple Labs filed a cross-appeal in a lawsuit that was initiated more than four years ago by the US Securities and Exchange Commission. Ripple sent the U.S. on Thursday, the…

10
Oct
2024
Posted in Altcoin

Ark Invest sells $36 million worth of Robinhood stock in exchange for $2.2 million worth of Coinbase shares

In the midst of divergent market performance for the trading applications, Ark Invest offloaded $36.4 million in Robinhood stock on Tuesday and purchased 12,994 Coinbase shares, valued at $2.2 million,…

10
Oct
2024
Posted in Altcoin

The failure of the Arbitrum bridge is reported as a “extremely rare edge case” by Hyperliquid.

One of the most well-known decentralized perpetual exchanges, Hyperliquid, has released an incident report outlining the reasons for Monday’s bridge outage. A developer going by the handle iliensinc claimed to…

09
Oct
2024
Posted in Altcoin

Canary Capital submits an SEC application for a spot XRP exchange-traded fund

Canary Capital, a cryptocurrency investment firm, became the second company to compete for a spot exchange-traded fund this month when it submitted a registration statement to the U.S. Securities and…

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09
Oct
2024
Posted in Altcoin

The battle royale game “Off the Grid,” about Bitcoin, launches on PlayStation and the Epic Game Store

While clicker games like Notcoin and Hamster Kombat, which are easily accessed through Telegram, have attracted millions of new players, blockchain gaming still has a long way to go. But…

09
Oct
2024
Posted in Altcoin

Semantic Layer’s $3 million seed round is led by Figment Capital

Semantic Layer, a creator of decentralized application (dApp) infrastructure, raised $3 million in startup money, making up the total amount of cash the company has received thus far. Figment Capital…

03
Oct
2024
Posted in Altcoin

In 2025, Swift plans to launch live bank trials for transactions involving digital assets

Starting next year, Swift said banks in North America, Europe and Asia would begin live trials of digital asset and currency transactions across its worldwide messaging network, which supports more…