Category: Altcoin

06
May
2024
Posted in Altcoin

After launch, the price of FriendTech token drops due to claim problems

The native Friend token of FriendTech saw a significant decline, falling from over $10 at launch to $1, representing a collapse of more than 90% before a minor recovery. According…

03
May
2024
Posted in Altcoin

Web3 Publishing Platform Mirror Switches to Social App “Kiosk,” Sells to Paragraph

Rivals in the Web3 publishing space, Mirror and Paragraphs have an agreement that permits Mirror’s team to function as a stand-alone business with a social media-only focus. The business that…

03
May
2024
Posted in Altcoin

With the first Agile Coretime sales, Polkadot’s canary network Kusama reaches a significant milestone

Three cores were sold for a total of 70 KSM, or about $1,980, according to reports; each core was sold for an average of 23.4 KSM, or about $660. Developers…

03
May
2024
Posted in Altcoin

Solana Introduces Google Cloud Gaming API

Through this collaboration, the solid infrastructure of Google Cloud will be leveraged to simplify the integration of Web3 into gaming. Solana Uses Google Cloud To Enhance Web3 Gaming Solana Labs’…

03
May
2024
Posted in Altcoin

Pantera makes an investment in TON with great hopes for the future of Telegram

An undisclosed sum has been invested by Pantera Capital in The Open Network (TON). According to the company, TON’s link to the Telegram messaging application is the driving force behind…

03
May
2024
Posted in Altcoin

Moralis enhances Polkadot programming tools by adding support for Moonbeam Network

Through its APIs, Moralis assists developers in resolving problems they encounter when migrating from Web2 systems to decentralized blockchain apps. The solution’s decentralized apps (dApps) that are already in use…

03
May
2024
Posted in Altcoin

MoonPay Integrates PayPal Transactions to Increase Crypto Trading Options

Crypto Is Now Available To US Users Of Moonpay With the integration, MoonPay became the first platform of its sort to integrate PayPal, which is a significant step. When opposed…

03
May
2024
Posted in Altcoin

Jito takes $1.4 billion from the Solana procedure

With its December launch, Jito gave away $165 million in free tokens through an airdrop. To be eligible for the community reward, which was supported by a $10 million series,…

03
May
2024
Posted in Altcoin

Iran and Russia Are Developing Bilateral Trade Solutions Powered by CBDC

“Regulations for CBDC Trade Need to Be Created,” Iran and Russia The attaché claimed that CBDCs might “potentially mitigate the impact of sanctions,” citing the digital ruble and Iran’s “crypto-rial”…

03
May
2024
Posted in Altcoin

Amid a US coin mixer crackdown, ZkSNACKs will discontinue its coinjoin anonymizing service

As American regulators and authorities tighten down on coin mixers and other tools that mask cryptocurrency transactions, the wallet maker is pulling support for transaction privacy service Coinjoin in response…

02
May
2024
Posted in Altcoin

With more than 40 apps, Build on Bitcoin launches its mainnet

The team announced on Twitter that the BOB mainnet is going live with over 40 dapps available and $300 million in total value locked (TVL). They called it “a Bitcoin-driven…

02
May
2024
Posted in Altcoin

In the first quarter of 2024, Tether had a record net profit of more over $4.5 billion

Tether Holdings Limited disclosed its assurance opinion for the first quarter of 2024 on Tuesday. The report included information on $1 billion in profit from the group’s subsidiaries that are…

02
May
2024
Posted in Altcoin

Haun Ventures is leading Agora, a cross-chain governance platform, in a $5 million seed round

The investment was led by Haun Ventures and included additional contributions from Seed Club, Coinbase Ventures, Credibly Neutral, Sina Habibian, Balaji Srinivasan, Packy McCormick, Tim Beiko, Dan Romero, Eva Beylin,…

02
May
2024
Posted in Altcoin

Coinbase Intends To Provide Canadian Dollar-Posed Stablecoin Cryptocurrency Trading

Like Tether (USDT) and USD Coin (USDC), two other well-known stablecoins, QCAD maintains its peg with complete backing from reserves equivalent to or more than the total amount of tokens…

02
May
2024
Posted in Altcoin

Chinese Police Apprehend Suspect in STRK Airdrop Scam for False Identity Scheme

The incident underscores the necessity for security measures and draws attention to the hazards of fraud in Bitcoin networks. Chinese police have arrested a person who was part of an…

02
May
2024
Posted in Altcoin

Chainlink to Introduce a Blockchain Adapter for Financial Information eXchange (FIX)

A partnership to develop a native blockchain adapter for Financial Information eXchange (FIX) has been announced by Chainlink and Rapid Addition. Improving financial institutions’ capacity to interact with a variety…

02
May
2024
Posted in Altcoin

A lawmaker from Argentina unveils a draft bill regulating Worldcoin

Argentina’s Lawmaker: Ensuring Consumer Rights Is Critical Carlos Puglelli, a member of the Buenos Aires parliament, is the author of the new measure, according to the assembly’s official news source….

01
May
2024
Posted in Altcoin

Ex-Revolut executive raises $6.5 million for the X10 hybrid cryptocurrency exchange

With $6.5 million in investment, the hybrid cryptocurrency exchange X10—which uses the StarkEx Layer 2 engine—launched out of stealth on the testnet today. According to a statement, the platform is…

01
May
2024
Posted in Altcoin

South Korean Tech Behemoths Kakao and Naver Plan to Introduce Token in June

Behind the Klaytn blockchain and its Klaytn (KLAY) coin is Kakao, the company behind the KakaoTalk communication program. South Korea’s version of Google is called Naver. Through its Line affiliate,…

01
May
2024
Posted in Altcoin

Cryptocurrency Markets Collapse Due to Dismal Hong Kong ETF Flows

The largest cryptocurrency in the world, Bitcoin (BTC), is currently trading below $61,000, while Ethereum (ETH) is down 7% and trading at about $3,000. According to CoinGecko, the value of…