Category: Altcoin

28
May
2024
Posted in Altcoin

Ethereum mainnet launches Layer 2 Taiko

Ethereum-driven rollup After seven testnet iterations and development beginning in 2022, Taiko has now made its mainnet debut. On Taiko’s mainnet, Ethereum co-founder Vitalik Buterin proposed the first block, which…

28
May
2024
Posted in Altcoin

GMO and Nomura, Laser Digital collaborate to investigate stablecoin issuance in Japan

Stablecoin issuance in Japan is being investigated by Nomura, a major Japanese bank, and Laser Digital, its digital asset division, in collaboration with GMO Internet Group, a Japan-based company. The…

28
May
2024
Posted in Altcoin

In just one week, Manta CeDeFi crossed $100 million in TVL

In its first week of launch, Manta’s new CeDeFi offering attracted more than $120 million in assets, indicating a positive start to the initiative. Following its launch on May 19,…

28
May
2024
Posted in Altcoin

Pixelmon Token Airdrop Fuels NFT Rush

More than 180,000 qualifying wallets—including owners of particular Pixelmon NFTs, gamers of “Kevin the Adventurer,” competitors in PixelPals’ “Farm2Farm” competition, and participants in the $MON presale—will receive the tokens through…

27
May
2024
Posted in Altcoin

Ending trading services in Hong Kong, OKX drops its bid for a VASP license

The withdrawal of OKX’s application for a Hong Kong Virtual Asset Service Provider (VASP) license was announced today by the international cryptocurrency exchange.  As required by law, the business will…

27
May
2024
Posted in Altcoin

Solana’s assertiveness in the face of Roaring Kitty, pump.a happy rush

The reappearance of “Roaring Kitty,” a well-known Reddit member on r/WallStreetBets who contributed to the 2021 joke stock craze, gave memecoin excitement a further boost last week. The account’s owner,…

27
May
2024
Posted in Altcoin

The No. 2 app spot in the Google Play market is secured by Phantom Wallet, surpassing PayPal

PayPal was beaten by the cryptocurrency and NFT wallet Phantom in the Google Play store’s top apps. Phantom ranked second among free finance applications. It’s ahead of TON Wallet, Chime,…

27
May
2024
Posted in Altcoin

Uniswap Foundation Reports Assets During Voting on Fee Mechanism

The announcement has increased the value of UNI, the native token of the network, by more than 20%. A critical step toward establishing autonomous fee collection and distribution in Uniswap…

27
May
2024
Posted in Altcoin

With 97.5 million transactions, Aptos User Transactions Sets New Industry Record

With an astounding 97.488 million user transactions in a single day on May 24, Aptos, a Layer 1 blockchain, broke records and set an industry record. The milestone surpassed Sui…

27
May
2024
Posted in Altcoin

ZachXBT Discovers 7 More Addresses Associated with Lazarus Worth $61 Million

ZachXBT Discovers Seven Additional Addresses Associated with Lazarus The funds ZachXBT discovered are still present in the highlighted wallets as per the most recent updates. It was also noticed that…

27
May
2024
Posted in Altcoin

Grayscale withdraws its intention to stake Ethereum ETFs from their spot filing

In an updated preliminary proxy statement, Grayscale Investments withdrew its offer to stake in its proposed spot ether exchange-traded fund as well. Grayscale had previously suggested to investors that they…

27
May
2024
Posted in Altcoin

$10 million raised by Stripchain to improve the blockchain user interface

In the crypto sector, user experience (UX) remains a major hurdle, preventing adoption among various generations. A useful UX boost for many cryptocurrency users would be the ability to conduct…

24
May
2024
Posted in Altcoin

With web3 games, Telegram’s “mini apps” take off, gaining millions of new users every day

A “mini-app” (or web application) for Telegram is created and used exclusively on Messenger. As per the platform, it provides web3 getaway with TON SDK, an open-source protocol called TON…

24
May
2024
Posted in Altcoin

Hong Kong declares iris data collecting “excessive” and forces Worldcoin to stop local activities

The Worldcoin Foundation was ordered by Hong Kong’s privacy watchdog to stop all operations in the area after it was discovered that the initiative violates local privacy laws. The Office…

24
May
2024
Posted in Altcoin

GALA soars following incident recovery and plan for token burning

The GALA price increase coincides with the publication of a report regarding the hack. The successful response of the security team and the participation of federal law enforcement agencies are…

24
May
2024
Posted in Altcoin

Digital passports from the Aura Blockchain Consortium Improve the Transparency of Luxury Products

Digital product passports (DPPs), which include comprehensive details on everything from traceability credentials to product storytelling, have been created for over 40 million items, according to a recent announcement by…

24
May
2024
Posted in Altcoin

The first DePIN business to be listed on the Nvidia Accelerated Applications Catalog is AIOZ Network

Both people and companies can look for “a wide array of DPU—and GPU-accelerated applications, tools, and services” via the Nvidia Accelerated programs Catalog. It features titans of the industry like…

24
May
2024
Posted in Altcoin

The launch of the testnet by Kakarot ZK-EVM opens the door for EVM compatibility with Starknet

Soon, EVM compatibility will be available for Starknet, which TVL ranks as the seventh-largest Layer 2 network. This will allow established DeFi protocols to flourish within the Ethereum ecosystem. The…

24
May
2024
Posted in Altcoin

After a decade, the dormant Dogecoin whale becomes active once more

869,964 DOGE are owned by Dogecoin Whale. Despite Significant Transfer The whale still has around 869,964 DOGE, or over $141,101, in spite of the significant transfer. The most recent reawakening…

24
May
2024
Posted in Altcoin

Haun Ventures leads a $10 million seed round for RWA Layer 2 Plume Network

In a seed fundraising round headed by Haun Ventures, Plume Network, a modular Layer 2 network devoted to bringing real-world assets (RWAs) on-chain, raised $10 million. According to Plume on…