Category: Altcoin
In the first week of launch, eager investors will flock to Ethereum ETFs, according to OKX
If Ethereum ETFs are approved on Thursday, institutional investors are prepared to invest $500 million in them over the course of the next week, according to research by cryptocurrency exchange…
Phantom wallet defeats PayPal to secure No. 2 app in Google Play store
PayPal was beaten out 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,…
Regulators in Hong Kong Want to Permit Ethereum ETF Staking
This move might set the Asian financial center apart from the US’s cautious position and establish it as a leader in the cryptocurrency investment space. Can Staking Help Hong Kong’s…
SEC approves eight Ethereum ETFs, Fidelity and BlackRock among them
Eight spot Ethereum ETFs were approved by the U.S. Securities and Exchange Commission in an order, confirming a last-minute rush to get them approved. The ETFs from BlackRock, Fidelity, Grayscale,…
Spot ether ETF optimism is allowing ETH to “buck” the slump in the cryptocurrency market, according to analysts
Thanks to enthusiasm around spot ether exchange-traded funds (ETFs), ether has emerged as the victor amidst losers in the recent crypto market correction. On Thursday, ether had climbed 2.12% in…
The creators of Fantoms unveil the Sonic foundation and conclude a $10 million strategic funding round
Prior to the launch of the Sonic blockchain, the Fantom Foundation declared its intention to create the Sonic Foundation and Sonic Labs. The Sonic Foundation, which is connected to this…
The cross-chain capabilities of Dfinity’s new API enhance Internet Computer smart contracts
Dfinity Foundation has unveiled a new API named EVM RPC to improve cross-chain interoperability for Internet Computer (ICP) smart contracts. Without the need for middlemen, EVM RPC enables ICP smart…
VersiFi, a cryptocurrency company co-led by a former Genesis executive, buys Ather Digital, a trading software startup
For an undisclosed amount, VersiFi, a cryptocurrency trading and lending company co-led by a former executive of Genesis, has acquired Ather Digital, a startup providing cryptocurrency trading technology. VersiFi announced…
Whales flood Ethereum with funds ahead of ETF approvals: Institutional Coinbase moves $110 million
In a series of quick transactions, Coinbase Institutional, the premier brokerage division of the biggest cryptocurrency exchange in the United States, moved around 30,000 Ethereum (ETH) to multiple new wallets,…
In response to Wells notice, Uniswap Labs describes the SEC’s legal case as “weak and wrong”
The creators of the decentralized exchange Uniswap, Uniswap Labs, replied to the Wells notice that the US Securities and Exchange Commission had filed against them. Uniswap Labs stated in a…
First Twitch-style Web3 maker house powered by Avalanche to be tested by OP3N in Lisbon
In association with Avalanche and AvaxDAO, OP3N has announced the opening of the first Web3 Content Creator House in Portugal. During NFC Lisbon, the Avalanche-powered OP3N House Lisbon will be…
Transactions in Arbitrum Are Now Supported by Farcaster
With the addition of support for Arbitrum transactions, the decentralized social network Farcaster has seen an interesting development announced by Arbitrum. The utilization of Arbitrum’s scalable and effective Layer 2…
Prom and Chainspot Collaborate to Boost Cross-Chain Effectiveness
Prom hopes to make cross-chain transfers simpler and inter-blockchain operations more effective by utilizing Chainspot’s technology. Prom’s dedication to developing the blockchain sector and realizing its goal of building a…
$150 million web3 social media platform Farcaster is raised by Paradigm
The Farcaster team, lead by Paradigm, raised $150 million in investment for their web3 social media platform. Participating in the financing were A16z Crypto, Haun Ventures, USV, Variant, Standard Crypto,…
This summer, a decentralized Web3 cloud gaming platform in collaboration with Aethir will launch
As part of an ambitious 2024 roadmap that emphasizes notable breakthroughs in web3 gaming, Aethir and GAM3S.GG, formerly known as Polkastarter Gaming, have announced that they will work together to…
ZkSync intends to generate tokens this week and launch an airdrop in mid-June
This week will mark ZkSync’s token generation event (TGE), an Ethereum Layer 2 network created by Matter Labs as per rumours. According to the sources, the token launch—which will include…
Solana (SOL) Will Reach $200 By the End of May, According to Syncracy Capital’s Co-Founder
The native token of Solana, or SOL, is creating a stir in the cryptocurrency space. On Saturday, it reached a high of $174, its highest level in more than a…
Protocol for Humanity Teases Numerous Significant Collaborations After $1 Billion Appraisal
The Proof of Humanity (PoH) System of the Humanity Protocol Humanity Protocol was founded just a year ago, but since then, its unique technique that aims to revolutionize identity verification…
$8 million is raised in pre-seed and seed funding rounds for the DePIN initiative Blockless
Blockless, a project aimed at supporting computing power decentralized physical infrastructure networks (DePINs), has announced raising $8 million in early and pre-seed investment rounds. According to Blockless, on Tuesday, NGC…
Polimec, the first decentralized Web3 funding chain, launches on Polkadot
Polimec, a decentralized and community-driven funding parachain, has officially debuted on Polkadot and is about to start its first project appraisal. The platform assesses Web3 projects for possible funding with…