Category: Altcoin
Kraken Ventures Announces its Intention to Fund Crypto Startups: Allocating $100 Million to Such Projects
The cryptocurrency market has become the breeding ground for innovation and technological advancement. Every new crypto project is reshaping the financial system and challenging the traditional methods of value exchange….
Sam Bankman-Fried’s Bail Revoked on Grounds of Witness Tampering
The cryptocurrency world witnesses another shocking event as New York Federal Judge, Lewis Kaplan revoked the bail of Sam Bankman-Fried last Friday, Former CEO of the collapsed cryptocurrency exchange, FTX….
Binance Labs to invest $5 million to buy Curve DAO tokens
In a fresh development, crypto exchange Binance’s venture capital and incubator arm Binance Labs will be investing $5 million in Curve DAO (CRV) tokens. The move will see Curve Finance…
‘Jolt’ and ‘Lasso’ mark VC Firm a16z’s foray into crypto tech research
Venture capital firm Andreessen Horowitz (a16z) has rolled out two new software projects that are aimed at boosting the core technology powering zero-knowledge (ZK) proofs, that are driving some of…
Ripple Lab’s Victory as SEC Removes its Native Token, XRP from the Security List
The recent news marks an end to the historic legal battle between Ripple Labs and US Security and Exchange Commission (SEC). This three years long legal proceeding has come to…
Circle’s ‘programmable wallets’ to make crypto payments more accessible for businesses
Circle Internet Financial, which issues the USDC stablecoin, announced that it would be rolling out new ‘programmable wallets” which would make cryptocurrency-based payments more accessible for businesses. In a release…
Binance to now offer Bitcoin, digital asset services in El Salvador
Amidst the uncertainty over its legal battle with the US Securities and Exchange Commission (SEC), Binance caught a break after it secured two licenses that would allow it to offer…
Huobi Exchange dismisses bankruptcy rumors, calls them a case of ‘FUD’
Prompted by speculation over Chinese authorities probing the exchange’s operations and the company going bankrupt, Huobi users went on a selling spree to withdraw around $64 million over the weekend….
Revolut to hit pause on its crypto services in the US
British fintech company Revolut announced that it would be suspending its cryptocurrency services in the United States due to the country’s “regulatory environment”. The company said US citizens would no…
Central Bank of Brazil Announces the Launch of Its Own Digital Currency, DREX
The world has witnessed a large-scale adoption of cryptocurrencies in recent times. While some countries still have a restrictive approach towards decentralized finance (DeFi), others are liberal owing to the…
PayPal Announces the Launch of its Stablecoin, PYUSD
The cryptocurrency market witnesses the influx of several new coins aiming to revolutionize the world of decentralized finance (DeFi). In light of this, the recent news of Paypal launching its…
GMX, the Most Popular DEX on Arbitram launches its New Version Offering DOGE Pool at 40% APY
The latest cryptocurrency news talking about new groundbreaking developments is GMX’s announcement to go live with its new version. GMX is the most popular decentralized exchange (DEX) built on the…
HashKey bags first crypto retail trading license in Hong Kong
Leading crypto financial services group HashKey Exchange became the first enterprise to be granted a crypto trading license under Hong Kong’s new licensing regulations. The new license would enable the…
With a new identity protocol, Shiba Inu developers plan to surpass its meme coin status
As Shiba Inu gears up for a makeover with the launch of its new identity protocol, the crypto project’s developers are planning to leave behind its meme coin status and…
Kenya Suspends Worldcoin Operations over Financial Security and Privacy Concerns
In a recent development, Kenya’s Ministry of the Interior has taken a bold move of suspending the operations of Worldcoin within its jurisdiction. Worldcoin is an identity crypto protocol founded…
Coinbase eyes Bitcoin Lightning Network for its payments solutions
Leading cryptocurrency exchange Coinbase is considering adding Bitcoin’s Lightning Network to its payment methods as part of its efforts to include more tokens in its payments framework. In a media…
Binance’s Japan Arm rolls out new service with 34 cryptocurrencies
In a bid to comply with the Asian country’s new regulations for digital cryptocurrencies, leading crypto trading exchange Binance launched a new range of services in Japan via a subsidiary….
LeetSwap Announces the Halt on the Trading Activities Amid Fears of an Exploit
The world of decentralized finance has brought enormous technological advancements in the traditional financial system. However, the innovation it brings to the world is also subjected to some amount of…
FTX Announces Restructuring Plan with an Aim to Reboot Offshore Exchange
In the rapidly changing world of cryptocurrencies, the major industry players witness several challenges and opportunities. In this context, FTX, a leading cryptocurrency exchange has committed to a bold move…
Kin community members vote for burning 71% of token supply
Kin Foundation, which maintains the decentralized protocol Kin, announced that its community members have decided that a large volume of the platform’s native cryptocurrency – the KIN token – will…