Category: Altcoin
Solend’s Token and Deposits Surge as Founder Criticizes Rival MarginFi
Solana-based lending protocol Solend experienced a sharp rise in both its token value and deposits, following comments from its founder that criticized rival DeFi protocol MarginFi. The increase in activity…
Chainlink Introduces Transporter App for Cross-Chain Crypto Transfers
Chainlink, a decentralized computing platform, has launched Transporter, an application designed to facilitate the seamless movement of crypto tokens and messages between different blockchains. Powered by Chainlink’s cross-chain interoperability protocol…
Circle Introduces USDC Smart Contract Support for BlackRock BUIDL Investors
Circle, the issuer of the stablecoin USDC, has launched smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This new feature allows BUIDL investors to…
Users can now verify their eligibility for NFT claims and airdrops using MetaMask
Users of the Web3 wallet MetaMask can now confirm their eligibility for airdrops by integrating with the onchain project Daylight. “We’ve collaborated with Daylight to assist users in determining whether…
A signal vote is passed on the controversial Sushi DAO treasury plan
The controversial Sushi -7.13% DAO governance proposal, which calls for moving more than $40 million in treasury assets under DAO management to a new Labs model, has passed the community…
Points where Stepn is airdropping $30 million worth of GMT tokens
Stepn, a fitness app, will be airdropping bonus points valued at $30 million in GMT -2.46% tokens. Users are receiving 100 million “FSL” points from Stepn. FSL points can be…
Sapien raises $5 million to use AI tools for data labeling
In an initial fundraising round, Sapien raised $5 million to expand its data labeling business. Investors including Yield Guild Games, Animoca, Artichoke Capital, and Primitive Ventures contributed to the round….
Alpen Labs wants to use $10.6 million in funding to scale Bitcoin via zero-knowledge proofs
Since Ribbit Capital led a $10.6 million fundraising round, Alpen Labs has come out of stealth mode. The Ethereum community is more closely linked with zero-knowledge technology, a kind of…
Stream Trading for Crypto Derivatives Exchange Raises $1.5M in Seed Funding
The nearly lucrative protocol’s goal is to expose depositors to high-yield rate arbitrage trades, for which it levies fees of 10% or more. The startup creating Stream Finance, one of…
The SocialFi application Tomo intends to restructure points and earns $3.5 million in preliminary funding
The $3.5 million seed investment round for the socialFi app Tomo has completed, lead by Polychain Capital. Symbolic Capital, Consensys, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and…
SEC is suing Uniswap in an attempt to impede the rapidly expanding DeFi industry
In a warning to Uniswap on Wednesday, the Securities and Exchange Commission stated that it plans to file an enforcement action against the company. Uniswap is the main platform for…
Thailand’s Governmental Authorities Are Seeking to Regulate P2P Crypto Activities
Leading the meeting was Minister of Digital Economy and Society Prasert Jantararuangthong, with participation from important departments such as the Thai SEC, Bank of Thailand, Royal Thai Police, and Defense…
Notcoin founder shares plans about the coin launch phases
Co-founder of Notcoin and Open Builders Sasha Plotvinov states that the group is now coordinating user token branding “so as not to destroy the ecosystem.” With regard to audience size,…
Marginfi, the creator of the trading protocol based in Solana, quits due to an internal conflict
Edgar Pavlovsky, the founder of Marginfi, announced his decision to leave the project in an X post on April 11. He attributed his resignation primarily to differences in internal and…
“The war on DeFi has begun,” says the cryptocurrency sector in response to the SEC serving Uniswap with a Wells Notice
The U.S. Securities and Exchange Commission served Uniswap UNI -17.095% Labs with a Wells Notice, signaling an impending litigation, as disclosed today. It should come as no surprise that the…
Central Bank of Nigeria forbids using foreign exchange as collateral for loans denominated in local currency
Stopping the Naira’s Decline The Central Bank of Nigeria (CBN) has ordered banks to stop using foreign currencies as collateral for loans in local currency because of the continuous shortages…
Chief of the Russian Central Bank: Five to Seven Years for Widespread Adoption of the Digital Ruble
No Choice Before 2025 The head of the Bank of Russia, Elvira Nabiullina, has said that although the digital ruble’s trial program would continue, a decision on its general implementation…
CEO of Cantor Fitzgerald supports tokenization and stablecoins
“Dollar hegemony is essential to the US Constitution.” At the Chainalysis conference in New York, Lutnick stated, “It matters to us, to our economy,” reiterating his support for stablecoins with…
Brevan Howard Digital, a cryptocurrency fund, returned 34.5% in Q1 2024
Brevan Howard Digital, a division of hedge fund manager Brevan Howard, saw returns of 34.5% in the first quarter of 2024. BH Digital rose by 44% in 2023 and by…
Developer of Bitcoin scaling Alpen Labs emerges from stealth and discloses $10.6 million in previous initial funding
On Wednesday, Alpen Labs, a firm using rollups and zero-knowledge technology to scale Bitcoin, came out of stealth and revealed that it had previously raised $10.6 million. Venture capital firm…