Category: Altcoin
Terra Coins Rise Following Do Kwon SEC Settlement, LUNA and LUNC
Following the announcement that Terraform Labs and its creator, Do Kwon, have reached a provisional settlement with the U.S. Securities and Exchange Commission (SEC), cryptocurrencies associated with the Terra ecosystem…
Uniswap Foundation Postpones Vote on Fee Switch
The Uniswap Foundation declared that it was postponing a crucial vote to update the protocol’s governance structure on a day that was full of uncertainty. The Foundation had predicted last…
Within four months of debut, Ethena’s USDe, dubbed the “synthetic dollar,” has crossed $3 billion in supply
Four months after going live for the public in February, Ethena Labs’ USDe stablecoin—dubbed a “synthetic dollar” because it maintains its peg through arbitrage mechanics and yield-returning cash-and-carry trade—has surpassed…
At Consensus 2024, Hivello Releases the DePIN Mining App’s Private Beta
Hivello, a prominent Web3 mining aggregator for Decentralized Physical Infrastructure Networks (DePINs), has declared that its much awaited app will launch at Consensus 2024. This comes after a six-month signup…
Azuro Joins New ZkSync Hyperchain Sophon as a Technical Partner
To promote the use of Azuro-developed and Sophon-run prediction apps, the two companies plan to start a joint award program. Azuro, the on-chain prediction layer, has partnered with Sophon, a…
Chainlink and Circle collaborate to improve cross-chain USDC and DeFi usability
Today, Oracle network Chainlink announced that it will be collaborating with Circle to improve stablecoins’ usefulness within the decentralized finance (DeFi) ecosystem. Along with facilitating safe cross-chain transfers, the agreement…
In 2025, Pudgy Penguins will launch a mobile game
The group of floppy pals of Pudgy Penguins are waddling into a brand-new virtual environment: a mobile video game. The game’s developer, Mythical Marketplace, said in a statement on Thursday…
Mystic Moose Releases New RPG Title and Updates to the Roadmap
The studio is now working on “Prophecy of The Ancients,” a squad-based action RPG created with Unreal Engine 5 that promises cutting-edge graphics and captivating gameplay, after releasing their endless…
The CEO of Franklin Templeton cautions that other countries may overtake the US in the cryptocurrency space
Franklin Templeton President and CEO Jenny Johnson voiced concerns that if the US continues to have a closed approach to regulation, other countries may overtake it as the leader in…
When STR8FIRE Genesis NFTs Launch, They Sell Out in Moments
STR8FIRE’s total trading volume reached 8.17 ETH in the first day of trading, paving the way for the token’s upcoming launch on centralized exchanges. By employing Epic’s Unreal Engine and…
Gnosis Pay and Visa Collaborate to Increase Web3 Payments
Visa and Gnosis Pay, two of the leading decentralized payment rails that link TradFi and DeFi, have announced a cooperation. Through the cooperation, a self-custodial Visa Debit Card that is…
Launching with 20 million STRK tokens for the best projects: Starknet Catalyst program
The 21 top projects inside the Starknet Foundation’s ecosystem will each receive 20 million STRK tokens as part of the organization’s new Catalyst initiative, which was just unveiled. Launched to…
Switchboard, an Oracle developer, earns $7.5 million in Series A funding
Tribe Capital and RockawayX led a $7.5 million Series A fundraising round for Switchboard, an on-chain oracle firm. Additional funding for the Series A round was provided by Aptos, StarkWare,…
Move to Layer 2 is suggested by Ethereum Name Service
ENSv2, a thorough improvement to the Ethereum Name Service that include moving the service to a Layer 2 network, has been proposed by ENS Labs. According to ENS Labs, ENSv2…
Fantom Uses AI and Infrastructure Capabilities of Google Cloud
With Google Cloud, the Fantom Foundation has forged a strategic alliance to deliver fresh rewards for Fantom developers. Announced on May 28, the agreement aims to encourage developers to create…
Anzen Finance, the company behind RWA stablecoins, obtains $4 million in startup money
The company that is issuing the digital dollar, USDz, Anzen Finance, has raised $4 million in seed money. Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive…
Aave to Release Own Blockchain Following V4 Update
Aave plans to release its own blockchain, called Aave Network, following the release of its next V4 upgrade. With $13 billion in total value locked (TVL) in the lending protocol,…
100% of priority fees are allocated by Solana validators, terminating the 50/50 burn split
On May 27, Solana validators cast a vote to take 100% of priority fees for themselves, abolishing the previous 50/50 split between validator rewards and burning fees. With 77% of…
MEV is considered a “clear example of market abuse” by EU draft guidelines for the impending MiCA regulations
Maximum Extractable Value (MEV) has been under close examination by the European Securities and Markets Authority (ESMA) due to its apparent involvement in illicit market manipulation, as per the proposed…
200M ARB Plan is Supported by the Arbitrum Community to Draw Web3 Game Builders
The Ethereum Layer 2 web3 game developer community is supporting the allocation of a significant amount of ARB through a governance proposal, which has the support of the Arbitrum community….