Category: Altcoin
Amidst fresh collection reaction, Yuga Labs will ‘no longer touch’ CryptoPunks
A new NFT collection with a punk motif that Yuga Labs created in partnership with artist Nina Chanel Abney sparked criticism, as it was perceived as “diluting” the original CryptoPunks…
Aevo, a high-performance decentralized derivatives platform, sees a 33.8% price drop according to Binance Labs
The decentralized derivatives trading platform Aevo is the target of the most recent strategic investment made by Binance Labs. As a high-performance Layer 2 (L2) solution running on top of…
Following Thanefield Capital’s $30 million token buyback proposal, the price of Gnosis increases by 20%
Gnosis GNO (+18.18%) A plan for a sizable buyback of DAO’s native token is being discussed. Thanefield Capital, a cryptocurrency fund having a stake in the Gnosis (GNO) token, made…
CAGA Crypto Reveals Testnet Integrating Gas Fees and NFT Minting
In order to provide users more chances to interact with the CAGA ecosystem, CAGA Crypto also introduces NFT minting features, which let users create, purchase, sell, and trade NFTs directly…
Genesis Global and New York AG Reach the State’s Highest Crypto Settlement Ever, $2,000,000,000 Settlement
James increased the stakes to $3 billion earlier this year in an amended complaint because additional investors came forward following the lawsuit’s first release, causing the AG’s office to reassess…
The Sei Foundation suggests updating the network to version 2 in order to become EVM compatible
The Sei Layer 1 blockchain will be upgraded to version 2 through a governance proposal, the Sei Foundation stated on Monday. The goal of this proposed update is to improve…
Base records a 212% rise in trade volumes over time
According to data aggregator DefiLlama, Base is the blockchain with the most monthly and weekly growth in permanent trade volume among the top 10 chains in terms of total value…
Following a cyberattack, Alex Labs freezes $3.9 million in cash that were delivered to CEXs
According to the team’s May 16 social media post, Bitcoin layer-2 developer Alex Labs has successfully frozen more than $3.9 million worth of cryptocurrency that was stolen from their BNB…
In Q1 2024, XRPL on-chain transactions increase by 108%
According to Ripple’s Q1 2024 XRP Markets Report, the number of transactions on the XRP Ledger (XRPL) nearly doubled and the average transaction cost nearly halved between the end of…
Solana protocol Solayer introduces deposits
Solayer, a Solana-based firm creating a platform similar to EigenLayer, began accepting deposits on Thursday afternoon. A $20 million dollar cap was placed on the invite-only deposit period. Users have…
Tokenization, according to Deutsche Bank, is the direction of financial innovation
The most recent major financial institution to join the tokenization trend is Deutsche Bank, a multinational bank with $973.4 billion in assets. Deutsche Bank joined the Monetary Authority of Singapore’s…
The Founder of MakerDAO Unveils Two New Stablecoins
Achieving equilibrium in decentralization is the ultimate goal of MakerDAO. At least in the opinion of Rune Christensen, the creator of the protocol. On May 15, Christensen announced NewStable and…
ZkSync fuels airdrop theories by hinting to the v24 upgrade
ZkSync announced in an X post on Friday that it will soon release an update to hasten the decentralization of its system. The statement is interpreted by some traders as…
MakerDAO’s founder claims that “PureDai,” a fully decentralized platform, will debut in a few years
The creator of MakerDAO, Rune Christensen, stated that PureDai, a future token, will function as a completely decentralized substitute for its stablecoin tethered to the US dollar. The stablecoin, called…
On the TON network, Notcoin launches and airdrops more than 80 billion tokens
More than 80 billion NOT tokens will be given out to participants as Notcoin launches its cryptocurrency on The Open Network blockchain and goes live for trade on cryptocurrency platforms….
Positive creditor news causes the volume of FTX’s defunct token to soar
After the cryptocurrency exchange filed for bankruptcy at the end of 2022, it was a good week for FTX creditors—words that few people had anticipated to be published. But things…
Tether and TON Collaborate with Oobit to Enable Mobile App-Based USDT-to-Fiat Transactions
Tether and TON Foundation Collaborate with Oobit to Transform Cryptocurrency Payments for Retailers The agreement, which was announced on Thursday, is expected to improve the user experience for transactions using…
Trump’s cryptocurrency wallet gains value as TRUMP Coin rises over 100% in just one month
The TRUMP Token Has Increased 107% in the Past 30 Days Meme coins geo (BODEN) and maga (TRUMP) have both increased in value this week; over the last day, BODEN…
Airdrop claims for 120 million tokens with bonus are now open on Solana DEX Drift
The Drift Foundation, which is in charge of managing the decentralized exchange system for trading cryptocurrency perpetual futures based on Solana, has introduced the DRIFT token and made airdrop claims…
Gnosis makes the Genome Naming Service registration open to the public
An ID service that is native to the Gnosis Chain, Genome is a digital ID that has been launched by Gnosis, a blockchain infrastructure initiative that promotes radical inclusivity. Developed…