Category: Altcoin
This year, cryptocurrency airdrops have distributed about $4 billion
With a few significant airdrops left to come, cryptocurrency airdrops have proceeded at full pace into 2024, disbursing around $4 billion in value thus far. The three largest airdrops were…
Terraform consents to pay the SEC a proposed judgment of $4.47 billion
Following a settlement with the U.S. Securities and Exchange Commission about its algorithmic stablecoin that experienced a sharp decline in value in 2022, Terraform Labs consented to pay $4.47 billion…
Innovative Art Platform Artfi to Introduce the $ARTFI Token
Artfi, a cutting-edge platform that straddles the financial and artistic technological domains, is getting ready to introduce its token, $ARTFI, at the Token Generation Event (TGE) on Monday, June 17,…
After Aethir opens its Ethereum mainnet, the ATH token surges 100% in under two hours
Together with its native currency ATH, Aethir has formally launched its decentralized cloud computing network on the Ethereum mainnet. According to data aggregator CoinGecko, the coin has increased by around…
Tether is set to introduce a new range of products as part of its $1 billion investment plan
On June 17, Tether CEO Paolo Ardoino disclosed that the business would introduce a new category of digital asset offerings. Although specifics concerning these products are still being kept under…
Paxos reduces 20% of its workforce despite great financial results
Stablecoin issuer Paxos reduced its staff by 20% despite having strong financials and positive growth forecasts for the stablecoin market. Paxos informed staff members of the change via email, stating…
Parachain of Polkadot: Moonbeam is Launching a $13 million Web3 gaming fund
The Web3 smart contract platform Moonbeam Network has announced a $13 million investment campaign to support the expansion of its ecosystem in important domains such as gaming and tokenization of…
Rio Network is Acquired by Eigen Labs to Strengthen the EigenLayer Ecosystem
Our goal of building an open, verifiable cloud will be accelerated with Eigen Labs’ acquisition of the Rio Network team. The Liquid Restaking Token (LRT) that they originally intended for…
Bond for Global Brands Is Launched by Solana Labs to Increase Customer Engagement!
Bond, a cutting-edge platform from Solana Labs, is introduced to help international brands improve consumer interaction. Bond will effectively foster even closer ties with consumers and spark brand loyalty by…
Meter Network Reports a Significant 40% of the Entire $MTRG Supply Burn
On June 17, the token burn is scheduled to occur, which will result in a roughly 40% decrease in the fully diluted valuation (FDV) of $MTRG and an increase in…
Liquidations totaling $270.4 million as the crypto market continues to decline
Over the last two days, there has been a significant selloff in the cryptocurrency market, which has resulted in a spike in liquidations. The largest cryptocurrency by market capitalization, Bitcoin…
Treasury Tokens Soar Above $1.5 Billion Market Cap
The market for tokenized US Treasury notes is still expanding, and this year has seen a notable increase in real-world asset (RWA) protocols. Treasury securities, bonds, and cash equivalents are…
The “Most Secure” Smart Wallet on Loopring Had a $5 million hack
On Sunday, the Ethereum Layer 2 network Loopring announced a security compromise that cost $5 million in tokens. Hackers targeted the Loopring Official Guardian in particular, taking advantage of Smart…
Nearly $20 Million Platform Loss Is Caused by UwU Lend Exploit
A severe attack that targeted the UwU Lend protocol on Monday, June 10, resulted in the loss of about $20 million in an ongoing cryptocurrency exploit. UwU Lend Steal $20…
After a mid-April low, Privacy Coin XMR rises 37% in 30 days
The Volume of Monero Trades Doubles in a Day Monero (XMR), which saw a protracted fall and a notable bottom in mid-April, has since rebounded. For example, the price of…
The multisig protocol based on Solana Squads introduces a retail wallet app and raises $10 million, Fuses
The company behind Squads Labs, the primary developer of the multisig protocol Squads, which is built on Solana, has secured $10 million in a Series A fundraising round and released…
‘Fault proofs’ are implemented by OP Mainnet to reinforce rollup decentralization
In terms of decentralization, OP Labs has advanced the project to a stage 1 rollup with the publishing of fault proofs on the Layer 2 blockchain, OP Mainnet. Users can…
UK cryptocurrency ETN trading volumes are minimal, but 21Shares claims that retail access would be a “game changer”
Following its approval by the Financial Conduct Authority, the country’s financial regulator, and their May 28 launch on the London Stock Exchange, low trading volumes have been seen in UK…
South Korea’s Bitcoin Premium Is Rising, Mirroring High Local Demand
Bitcoin Premium in South Korea Rises After Recent Low After almost reaching 10% in mid-April, bitcoin’s (BTC) famed premium in South Korea just fell below 1%. According to recent research,…
Ethereum developers confirm the addition of EIP-7702 and PeerDAS to the Pectra update
Anthony Sassano, an Ethereum educator, has announced that Ethereum developers have verified a list of Ethereum Improvement Proposals (EIPs) to be added into the Pectra upgrade. The EIPs EIP-7702, EIP-7594…