Category: Altcoin
India’s RBI Seek Ban on Stablecoins, While SEBI Is Open to Crypto Oversight
However, the RBI believes that private digital currencies pose a risk to the macroeconomy. These recommendations were given to a “government panel,” according to the Reuters story, which was entrusted…
Binance offers 10% of trader profits to users who engage in spot copy trading
Users can now immediately replicate the trading techniques of seasoned traders with this new option. Binance has clarified the distinction between copy trading in the futures and spot markets. Exchange…
Framework Ventures leads a $2.6 million fundraising round for ZK project Hylé
The venture capital firm Framework Ventures led the $2.6 million fresh financing round for the zero-knowledge initiative Hylé. Participating in the financing were Cherry Crypto, Fabric Ventures, First Capital, and…
Lens Network L2 Leveraging ZK Stack Announced by Aave
Using Matter Labs’ modular ZK Stack technology, Lens Network—which was announced on May 14—plans to construct a hybrid validium and volition Layer 2. According to Lens, this approach can retain…
Lido Offers Partnership Encouraging a stETH-Based Restaking Ecosystem
The main Ethereum liquid staking protocol, Lido, seeks to promote innovative restaking architecture centered on its stETH coin. A plan to create the Lido Alliance and support “Ethereum-aligned” initiatives by…
Solana and Sui Get Universal EVM Applications With Skate’s Innovative Intents-Based Architecture
Traditionally, developers have used an expensive and time-consuming method of deploying apps individually on each network. For instance, on a new EVM chain, forking code that started on Ethereum accounts…
Vitalik Buterin, Peter Thiel’s Founders Fund, and other investors contribute $45 million to Polymarket
In addition to current investors 1confirmation and ParaFi, as well as co-founders of Ethereum, Dragonfly, and Eventbrite, Kevin Hartz, and Vitalik Buterin, Polymarket has raised a $45 million Series B…
Tether Reacts: Phishing Links Cause $5.2M in USDT to Be Frozen
USDT Is Frozen, Signaling Tether’s Attempts to Stop Illegal Activity Recent events have brought attention to Tether’s proactive efforts to stop illegal activity in the cryptocurrency space, demonstrating the company’s…
‘Block Trading’ Facility for MATIC, SOL, and XRP Options Revealed by Paradigm
Over-the-counter cryptocurrency liquidity network On Monday, Paradigm announced the launch of a block trading facility for options linked to well-known alternative cryptocurrencies (altcoins), such as MATIC, SOL, and XRP, on…
Layer 1 developer Berachain hires Jack Melnick, a former head of DeFi at Polygon Labs, in a similar position
Former Polygon Labs head of decentralized finance (DeFi), Jack Melnick, has taken the same role at Layer 1 developer Berachain. Melnick began working at Berachain on Monday. Since January 2023,…
Kain Warwick, the founder of Synthetix, introduces Infinex
Infinex, a front-end website that combines decentralized banking apps into a single, user-friendly layer, was launched by Kain Warwick, a co-founder of Synthetix. The launch includes the “Infinex Account,” for…
CEO of the company that created the decentralized exchange, dYdX, resigns
The creator of the decentralized derivatives exchange dYdX, Antonio Juliano, DYDX Trading Inc., has resigned as CEO, citing both personal and professional reasons. The stakeholders, employees, and internal team didn’t…
Jupiter Plans To Release A Smartphone App By July
Siong, a co-founder of Jupiter, the top DEX aggregator in Solana, disclosed the anticipated release date of the protocol’s mobile application. Siong disclosed during the Solana Crossroads 2024 conference that…
Cardano to Streamline dApp Development with the Next Upgrade by Including CIP-69
The Cardano blockchain’s creator, Charles Hoskinson, has stated that CIP-69 will be a part of the network’s impending Chang hard fork. Hoskinson stated, “I noticed the CIP-69 requests coming in….
According to Layer3, an early summer airdrop for utility and governance tokens is planned
According to a post on X, Layer3 stated that it will launch its governance and utility token, $L3, with an initial drop scheduled for this summer. According to the protocol,…
420M KNINE Giveaway with the New Shibarium Node Validator K9
Custodians of Shiba Inus have become curious about Shiba Inus’s (SHIB) future Liquid Staking Derivatives (LSD) platform on Shibarium Layer-2. The dynamic staking platform’s decentralized autonomous organization (DAO), K9 Finance…
To connect liquidity across the Cosmos, Solana, and EVM chains, Euclid launches a liquidity layer
Euclid Protocol announced the creation of its shared liquidity layer, which powers virtual pools built on Nibiru Chain and links the Cosmos, Solana, and Ethereum Virtual Machine-based ecosystems. The goal…
Ripple participates in the DeRec Alliance’s asset recovery program
The association wants to make digital asset implementation and recovery easier. Users may retrieve their personal data even in the event that they misplace their smartphone or another device used…
Notcoin will launch on May 16 after several delays
NOT token will be listed on OKX and Bybit after it is created on The Open Network (TON). In conjunction with the token, OKX intends to launch a “jumpstart” campaign…
Gains Network Fork Bug Enabled Traders To Make 900% Profit On Each Trade
DeFi Llama states that Gains Network has a $20.29 million total value locked (TVL). It has processed $25 billion in derivatives trading activity since its founding in May 2023. According…