Category: Altcoin
CoinGecko: By DEX trading volume, Ethereum surpasses Solana
With a share of 21.3%, the Solana blockchain is currently ranked second; nevertheless, it has grown at the fastest rate during the reporting period, hitting $40 billion at 244.8%. Third…
Attorneys for Do Kwon and Terraform argue that rather than the $5.3 billion suggested by the SEC, sanctions should be closer to $1 million
Attorneys for Do Kwon, the co-founder of Terraform Labs, and the company claim that a fine of about $1 million, rather than the $5.3 billion that the US Securities and…
EigenLayer announces a plan to allocate 15% of the token airdrop to ecosystem participants
Protocol for retaking In May, EigenLayer will debut a native token, which will be distributed through an airdrop for platform staking users. According to a release, the independent non-profit Eigen…
Keonne Rodriguez of Samourai Wallet enters a not guilty plea to accusations of money laundering and transmitting
As U.S. authorities press down on privacy-focused technologies, a co-founder of Samourai Wallet entered a not guilty plea on Monday to federal charges pertaining to his development of a program…
Stripe will assist Avalanche in growing the ecosystem’s user base and funding
Avalanche revealed that it has partnered with fintech Stripe to simplify the process for customers to put money to their wallets and buy digital assets. According to the company’s announcement,…
Transaction volume for Tether, USDC, and DAI exceeds Visa’s monthly average for 2023: Nansen
According to Nansen, the volume of transactions for Tether, USDC, and DAI during the last 30 days has exceeded Visa’s monthly average for 2023. According to onchain expert Nansen, the…
ZachXBT asserts Lazarus Group of North Korea converted $200 million in cryptocurrency to fiat money
According to an investigation by cryptocurrency detective ZachXBT, North Korea’s Lazarus Group converted $200 million worth of cryptocurrency into fiat money between August 2020 and October 2023. The analysis examined…
$200 million is invested by Tether in Blackrock Neurotech, a biotech company
The stablecoin issuer Tether USDT -0.0044% has made a $200 million investment in Blackrock Neurotech, a biotech business that develops technologies to assist those suffering from neurological illnesses, paralysis, and…
ZK Protocol Hinkal’s investment round is led by Anthony Scaramucci’s son, valued at $70 million
In a strategic investment round, Hinkal, a zero-knowledge (ZK) protocol that allows institutional investors to transact on-chain in private, has raised $1.4 million. The capital round was spearheaded by SALT…
DOJ Challenges Tornado Cash Developer’s Dismissal Motion, Rattles Crypto Traders
The recent stance of the US Department of Justice (DOJ) against Roman Storm’s motion to dismiss in the Tornado Cash case has triggered concerns within the cryptocurrency market. The DOJ,…
Google Cloud’s Web3 Portal Launch Triggers Debate in Crypto Community
Google Cloud has recently introduced its Web3 portal, designed to cater to blockchain developers by providing access to datasets and tutorials on non-fungible tokens (NFTs). However, the response from the…
zkSNACKs Blocks Access for US Users to Wasabi Wallet: Regulatory Pressures Tighten
In a recent move, zkSNACKs, the developer behind Wasabi Wallet, has announced a ban on U.S. citizens accessing its services. The decision, outlined in a post on the Wasabi Wallet…
Movement Labs Secures $38 Million Investment Led by Polychain Capital
San Francisco-based blockchain developer Movement Labs has successfully raised $38 million in a Series A funding round, with Polychain Capital leading the investment. This substantial funding is intended to bolster…
Turmoil Strikes Beribit Amidst Russian Contemplation of Crypto Exchange Ban
Over 50 clients of the Russian cryptocurrency exchange Beribit gathered outside the company’s Moscow office in an attempt to voice their grievances and reclaim approximately 400 million rubles that had…
Terra Luna Classic Proposes Changes to Burn Tax Amid Price Downturn
Terra Luna Classic, a resilient blockchain community, has approved adjustments to its burn tax model in response to dwindling liquidity and sell pressure on the LUNC token. In a recent…
$50 million cryptocurrency gaming rewards program is being launched by Immutable
Immutable, a blockchain-based gaming platform, has declared the commencement of “the largest ever web3 gaming quest and rewards program.” Dubbed “The Main Quest,” Immutable claimed to have already secured token…
Frustrated by recoveries, Celsius Loan creditors intend to oppose Celsius’ reorganization plan
According to people familiar with the situation who spoke with The Block, cryptocurrency traders are looking into legal challenges to Celsius’ reorganization plan because they feel the accord unfairly favors…
Movement Labs is raising $38 million to bring Facebook’s Move to Ethereum, with Polychain Capital leading the round
In a Series A round headed by Polychain Capital, San Francisco-based blockchain development company Movement Labs has raised $38 million. Participating in the Move programming language-based project round were venture…
Peer-to-peer transactions are supported by Franklin Templeton for its on-chain US Government Money Fund
Franklin Templeton, an asset management company, has made it possible for tokenized shares in its on-chain U.S. Government Money Fund to be transferred amongst peers. Franklin Templeton is the market…
Navigating Regulatory Risks: a16z Crypto Advises Against U.S. Token Sales
In a recent advisory, Silicon Valley-based venture capital firm a16z Crypto, the crypto arm of Andreessen Horowitz, issued a stark warning to startup founders eyeing token sales in the United…