Category: Altcoin
SEC Initiates Discussions on Proposed Rule Change for Bitcoin Trading Options
The United States Securities and Exchange Commission (SEC) has embarked on a new phase of deliberations as of April 24 concerning a proposed modification to the rules governing options trading…
Charles Hoskinson Reaffirms Cryptocurrency’s Foundational Values Beyond Trading
Cardano blockchain visionary Charles Hoskinson recently took to social media to emphasize the intrinsic purpose of cryptocurrencies, moving beyond mere trading. In an emotionally resonant post on April 25, Hoskinson…
FBI advises Americans not to use unregistered cryptocurrency transmission services
Americans have been cautioned by the US Federal Bureau of Investigation not to use unregistered cryptocurrency money transmission businesses. The FBI’s Internet Crime Complaint Center (IC3) released a statement on…
USDT currency balance rises to its highest point in a year
Exchanges are storing more USDT, or Tether,. Earlier this month, the 7-day moving average of the change in USDT held by exchanges hit $568 million, the highest level in a…
Fireblocks adds 200 million institutional wallets to its security tool
A new wave of institutional investment and detail acceptance in decentralized finance has occurred after spot Bitcoin (BTC) ETFs were introduced into U.S. markets and cryptocurrency values began to rise…
Stacks Introduces the Nakamoto Update to Boost Bitcoin L2 Capabilities
On April 22, 2024, Stacks, an L2 protocol that expands the blockchain’s functionality and addresses the scalability issues with Bitcoin, began its Nakamoto update. With the help of Bitcoin’s robust…
There are now nine blockchains supported by Chainlink’s Cross-Chain Interoperability Protocol
There are now nine blockchains supported by Chainlink’s Cross-Chain Interoperability Protocol. With the release of its Cross-Chain Interoperability Protocol (CCIP), which is now compatible with a greater number of blockchains,…
Update to the Solana Network is planned for late May
Update on the Solana Network slated to occur in late May. With its mainnet beta scheduled for May 27, Solana is preparing for a big overhaul. In order to address…
Tevaera Secures $5 Million Investment Led by Laser Digital and Nomura Group
Tevaera, a web3 gaming firm operating on the Ethereum Layer 2 zkSync Era, has successfully raised $5 million in seed and private financing. The funding round was co-led by Laser…
Alleged Money Laundering: Samourai Wallet Co-founders Arrested and Charged
Two co-founders of the cryptocurrency mixing service Samourai Wallet, CEO Keonne Rodriguez and Chief Technology Officer William Lonergan Hill, have been apprehended and charged by the Department of Justice (DOJ)…
Peter Thiel’s Founders Fund Invests in Crypto Accelerator Alliance
Peter Thiel’s renowned venture capital firm, Founders Fund, has recently made a strategic investment in the crypto accelerator Alliance, signaling its commitment to the burgeoning cryptocurrency space. With over $12…
SEC Seeks $5.3 Billion Fine for Terraform Labs and Co-founder Do Kwon
Federal regulators are urging a New York court to impose a hefty fine of $5.3 billion on Terraform Labs and its co-founder, Do Kwon, following their involvement in the 2022…
In Celo’s L2 Bid, optimism prevails over others, beating Polygon (MATIC)
After eight months, Celo’s struggle to select the ideal tech stack for its intended switch to an Ethereum Layer 2 chain has finally come to an end. The Celo Network’s…
Akash Network Increases by 50% on Upbit Listing
On the Cosmos blockchain, the cloud computing platform Akash was created and implemented using the Cosmos software development kit (SDK). The market value of the AKT token is more than…
Together, eToro and 21Shares will introduce a “data-driven” cryptocurrency portfolio for everyday investors
It uses data from monthly flows into European crypto ETPs and stores real crypto assets. The underlying assets, which include well-known cryptocurrencies like Bitcoin, Ethereum, and other altcoins, are divided…
Binance Announces Listing of Renzo Token REZ on Launchpool
Binance, a leading cryptocurrency exchange, has unveiled plans to list REZ, the governance token associated with the liquid restaking protocol Renzo, as part of the token’s distribution strategy. The integration…
Talos Expands Crypto Portfolio Management with Acquisition of Cloudwall
Talos, a prominent crypto trading software provider with backing from industry heavyweights like Citibank and Andreessen Horowitz (a16z), has announced the full acquisition of Cloudwall, a leading crypto risk management…
Safe Token Unlocks, Valued at $2.8 Billion Fully Diluted
Safe Protocol’s governance token, Safe, has recently become transferable, marking a significant milestone for the decentralized finance (DeFi) custodian. The announcement came through Safe Governance X.com, confirming the official unpause…
Injective Community Approves INJ 3.0 Tokenomics Overhaul, Boosting Deflationary Measures
An on-chain vote by the Injective community has given the green light to significant changes in the INJ 3.0 tokenomics system. The alterations, as outlined in the April 19 governance…
Base develops an altcoin-specific DeFi lending market powered by Seamless Protocol
On Base, a Layer 2 created by the cryptocurrency exchange Coinbase, the DeFi lending protocol Seamless has opened up a loan market for cryptocurrencies. The first two tokens to enter…