Category: Altcoin
Amidst political turmoil in South Korea, Tron has surged 80% in the last day
A number of reasons, including the political unrest in South Korea, which is home to one of the biggest and most active retail cryptocurrency markets globally, contributed to the recent…
Concerned with privacy Layer 1 of the Cosmos Namada begins the mainnet launch and token airdrop
Privacy-oriented Blockchain at Layer 1 The genesis blocks of the network are now operational as Namada has formally launched its mainnet. This marks the start of the staking and governance-related…
Coinbase has expanded its listing strategy to include the memecoin Moo Deng
According to a business website, Coinbase, a major cryptocurrency exchange, plans to include the memecoin Moo Deng (MOODENG). Coinbase recently added the third memecoin to its listing pipeline, after plans…
BitGo introduces a specialized retail platform for cryptocurrency asset purchases, sales, trading, custody, and stakes
For the first time, BitGo, a supplier of digital asset infrastructure, has opened a dedicated retail platform that gives users worldwide access to its regulated digital asset trading, staking, lending,…
Sonic Labs claims that shortly after capturing a snapshot for the S token airdrop, its Layer 1 blockchain would go public
The Layer 1 blockchain project Sonic Labs, which is a division of the Fantom network, declared that its new blockchain had generated its first transaction block. The network is anticipated…
Spectral Labs detects a syntax flaw and suspends contracts
Spectral Labs revealed that it has discovered a flaw that allowed a hacker to steal $200,000 in liquidity by affecting specific tokens on their Syntax platform, a no-code environment that…
XRP surpasses Tether’s USDT in market capitalization to become the third-largest cryptocurrency globally
After bitcoin and ether, XRP is now the third-largest cryptocurrency in the world by surpassing Tether’s USDT stablecoin in market capitalization. As of this writing, XRP, which is primarily linked…
Binance Labs reports that it has invested in Astherus
The investment in the multi-asset liquidity hub was disclosed by Binance Labs on November 28. With the money, Astherus will be able to improve user experience, launch additional yield-generating goods,…
Kraken will shut down the NFT marketplace and concentrate on other initiatives
The massive cryptocurrency exchange Kraken is closing its NFT marketplace in order to free up funds for future initiatives. Users will only be able to withdraw assets from Kraken’s NFT…
‘9,000’ Upgrade Avalanche Testing Using Retroactive Grants Totaling $40 Million
Avalanche developers have released the Avalanche9,000 testnet, a blockchain update that aims to simplify and lower the cost of L1 development on its network. According to a release from the…
The launch of a tokenized money market fund on the XRP Ledger is announced by Ripple
Ripple declared on Monday that a tokenized money market fund would be available on the XRP Ledger. According to a news statement from Ripple, the launch was made possible by…
As Gensler announces his retirement from the SEC, XRP soars to a three-year high
Amid the prolonged cryptocurrency market boom and the news of U.S. Securities and Exchange Commission Chair Gary Gensler’s resignation, the price of Ripple’s token soared to its highest level since…
Among the best free iPhone apps, Crypto wallet Phantom rates higher than Instagram and WhatsApp
Phantom, a cryptocurrency wallet app, reached a new peak in the iOS app store on Wednesday. Phantom broke into the top 10 for the first time, ranking ninth among the…
‘Rewards-bearing’ is explained by Binance The BFUSD asset has not released and is not a stablecoin
On Monday, Binance revealed BFUSD, a new currency that some observers claimed resembled a high-yield stablecoin. Despite the “USD” suffix in its name, the cryptocurrency exchange giant later emphasized that…
Due to a favorable regulatory climate and ETF filings, XRP has increased by more than 20%
In a dramatic move for the cryptocurrency, the price of Ripple’s XRP token has surged by around 25% in the past day to hit its highest level since November 2021….
As the memecoin frenzy continues to drive network activity, 89% of new token releases are powered by Solana
With 89% of new tokens opting to launch on the network, Solana continues to dominate new token activity, even as Bitcoin makes headlines with new price milestones. Given that the…
Amid a surge in venture capital, Portal Ventures obtains $75 million to invest in pre-seed cryptocurrency firms
On Thursday, the venture capital firm Portal Ventures revealed on X that it is about to launch a $75 million fund that would be used to invest in pre-seed cryptocurrency…
To “allow the tokenization of anything,” Tether introduces the RWA platform
On Thursday, Tether, the company that issues stablecoins, announced the debut of Hadron, a platform for tokenizing real-world assets that will let users tokenize “anything.” From simple reference goods like…
The FBI seizes the Polymarket CEO’s phone and equipment: report
The New York Post reported, citing an unidentified source, that Polymarket CEO Shayne Coplan’s phone and equipment were confiscated by the FBI on Wednesday. A later piece by Bloomberg claims…
Huma Finance, a “PayFi” business, aims to broaden its trade financing offerings by expanding to Solana
To enhance its “instant liquidity solution,” Huma Finance, an EVM-based payment finance network, is launching on Solana. A program that offers authorized investors larger rates is launched at the same…