Category: Altcoin
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…
Canary Capital applies for the first-ever Hedera HBAR spot ETF to the SEC
Canary Capital is the first company to file for a Hedera spot exchange-traded fund with the U.S. Securities and Exchange Commission. On Tuesday, the cryptocurrency investment firm submitted an S-1…
After reaching a new all-time high, the polymarket odds for bitcoin surpassing $100,000 before year’s end rise to 57%
Following the token’s breach of a new all-time high, the Polymarket prediction market on whether bitcoin would cross $100,000 this year exploded. An individual share for “yes” in that prediction…
Muneeb Ali, the founder of Stacks, plans to launch the sBTC upgrade in early December
The next significant update to the network is imminent, according to the founder of Stacks, a blockchain created to expand bitcoin. The goal is [early December], which appears to be…
To hint at the coin launch, Polymarket remarked, “We predict future drops”
According to reports, the decentralized prediction market Polymarket is hinting at a token airdrop that would help users who want to exchange their winning wagers for further benefits. This would…
The CEO of the cryptocurrency company WonderFi was abducted and subsequently freed after paying a $1 million ransom: report
According to a CBC report, Dean Skurka, the CEO of WonderFi, a company based in Toronto, was abducted and then freed after paying a $1 million ransom. After being pushed…
Amid the AI and memecoin craze, Pump.fun achieves record income, rising to $30.5 million in October
With $30.5 million, Pump.fun, the notorious website that allows anyone to develop and launch a coin on Solana, has set a new monthly income record. This amount surpasses the previous…
Do Kwon’s now-defunct “Luna Foundation Guard” sells $52 million worth of AVAX tokens to the Avalanche Foundation
After more than two years, the Avalanche Foundation is ending its involvement with the defunct blockchain Terra. The foundation has completed repurchasing tokens from the Luna Foundation Guard, an entity…