Category: Altcoin

08
May
2024
Posted in Altcoin

Before airdrop, Lava Foundation raises $11 million in a token round

In advance of the network’s mainnet debut and token airdrop, the recently established non-profit Lava Foundation has raised $11 million in a financing round for the development of the modular…

07
May
2024
Posted in Altcoin

X Layer QuickSwap Launches to Strengthen Polygon DeFi

By adding a new Citadel to the QuickSwap environment, this calculated action expands the Polygon CDK network family and improves its functionality. On X Layer Mainnet, QuickSwap QuickSwap’s connection with…

07
May
2024
Posted in Altcoin

Tether and Chainalysis Collaborate to Increase Compliance and Track Banned Addresses

The platform, according to the company, can be used as an intelligence tool by compliance specialists and investigators to find wallets that present a risk or could be connected to…

07
May
2024
Posted in Altcoin

Over 12,000 BTC is invested in Solv Protocol, which also incorporates the Babylon collaboration

Binance Labs had made a sizable investment in Solv Protocol? The investing division of the biggest exchange in the world made this move in an effort to support the increasing…

07
May
2024
Posted in Altcoin

SEC Is Examining Robinhood’s US Crypto Operations

This letter raises the possibility of legal action against the company’s cryptocurrency branch, Robinhood Crypto (RHC). “Disappointed” With SEC Wells Notice, Robinhood Chief Legal, Compliance, and Corporate Affairs Officer at…

07
May
2024
Posted in Altcoin

Nigeria will stop manipulating its currency by removing the Naira from P2P trading sites

The Naira, the currency of Nigeria, is to be removed from all peer-to-peer (P2P) trading systems, as announced by the government. As part of a larger initiative to stop the…

07
May
2024
Posted in Altcoin

Franklin Templeton predicts that Solana will rank third among all cryptocurrency assets

Franklin Templeton: There’s a “High Probability” That Solana Will See the Next Great Thing The $1.5 trillion assets under management investment (AUM) firm Franklin Templeton has commended Solana’s development and…

07
May
2024
Posted in Altcoin

Following the German Strategic Alliance, Kraken Spreads Throughout Europe

In its continuous efforts to expand its market share in Europe, Kraken has taken a major step forward with this endeavor. In Germany, Kraken Partners With DLT Finance Beginning on…

07
May
2024
Posted in Altcoin

Exodus of Bitcoin Wallet Makers Is Reaching the New York Stock Exchange

The firm announced on Monday that Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, has received approval to list its common stock on the New York Stock…

07
May
2024
Posted in Altcoin

Bitcoin Cash Agrees to Network Scaling and Prepares to Upgrade the Adaptive Blocksize Limit

Adaptive Blocksize Limit Algorithm to Be Added to Bitcoin Cash in May 15th Upgrade With a network-wide upgrade scheduled for May 15, Bitcoin Cash, a top-15 cryptocurrency that prioritizes usability,…

07
May
2024
Posted in Altcoin Meme Coin

As Tesla Increases the Range of DOGE Payment Support, Dogecoin Soars

In an update to its homepage’s Frequently Asked Questions section, Tesla Motors expanded on its support for Dogecoin (DOGE) as a payment method. Due to this, DOGE has seen a…

06
May
2024
Posted in Altcoin

The CTO of Bitfinex disputes reports of a ransomware outfit compromising data

Paolo Ardoino, the chief technology officer of Bitfinex, is doubting social media rumors that the exchange was the target of a significant data breach, as the hacking organization FSOCIETY stated…

06
May
2024
Posted in Altcoin

Sybil farmers have the opportunity to “self-report” using LayerZero in the interest of durability

It seems like LayerZero Labs has no interest in engaging in sybil activity or excessive airdrop farming. The developer wrote to X on Friday, saying, “We think it is in…

06
May
2024
Posted in Altcoin

Sui inventor predicts the arrival of cryptocurrency’s “ChatGPT moment” as the protocol marks one year of mainnet existence

With a hectic year that includes going live on the mainnet and announcing new collaborations with Google and TikTok parent company ByteDance, Mysten Labs, the maker of the Layer 1…

06
May
2024
Posted in Altcoin

India Declares ‘Successful’ Counterattack on E-Nugget Scam, Seizing $10 Million in Cryptocurrency From Networks

In the E-Nugget case, ED claims a successful operation. Last Monday, the Directorate of Enforcement (ED) in India declared that it had successfully combated “a major online gaming app scam…

06
May
2024
Posted in Altcoin

First ‘Power-Level Over 9,000’ Airdrop With $10 Million in Tokens Revealed by Saga

Saga is a gaming-focused layer-1 blockchain that recently generated a lot of buzz for the debut of its mainnet and token by rewarding DeFi stakers on multiple networks and launching…

06
May
2024
Posted in Altcoin

Eight hundred weeks after its birth, Bitcoin has processed more than one billion transactions

The world’s most valuable cryptocurrency, Bitcoin BTC +1.35%, has processed more than one billion transactions in the eight hundred weeks and one day since its launch on January 3, 2009,…

06
May
2024
Posted in Altcoin

ckUSDC Sepolia, an ICP copy of USDC under the ckERC20 Token Standard, is released by Internet Computer

After obtaining them, users can deposit Sepolia USDC and ETH to mint ckUSDC and ckETH, respectively. A non-profit organization called DFINITY Foundation is creating technologies for the Internet Computer (ICP)…

06
May
2024
Posted in Altcoin

Charles Hoskinson of Cardano considers collaborating with Bitcoin Cash

Hoskinson asked people in a poll on X on May 4th, what they thought about Cardano (ADA) and Bitcoin Cash collaborating to improve Cardano’s performance through the use of Ergo,…

06
May
2024
Posted in Altcoin Policy and Regulation

Authorities in the Netherlands detain a ZKasino team member over claims of rug pulls

A 26-year-old man was taken into custody by Dutch financial crime detectives on Monday on allegations of money laundering, fraud, and embezzlement in connection with a purported rug pull operation…