Tag: Cryptocurrency
Strategic investment of $5 million is raised by Orderly Network
$5 million in strategic funding was raised by Orderly Network, a supplier of web3 liquidity. OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol took part in…
The native utility token of the proof-of-stake blockchain XION is introduced
The layer-1 blockchain’s native coin, $XION, was also introduced by the venture-backed platform. On August 14, Burnt announced the accomplishments in a blog post. XION introduces its native token The…
Parfin, a permissioned Ethereum Layer 2 developer, has received $10 million in Series A funding from ParaFi Capital
The enterprise-grade blockchain startup Parfin, which is developing its own crypto infrastructure, raised $10 million in its Series A funding round and anticipates raising millions more. Leading the round were…
Aurora releases new products that link NEAR and Bitcoin
In a press release on Tuesday, Aurora Labs—a group devoted to building the Aurora ecosystem—unveiled Bitcoin Light Client and Relayer, two new tools designed to connect the NEAR protocol and…
Significant price slippages occur during sell-offs due to a crypto liquidity crisis – Kaiko
The fragmentation of liquidity in the cryptocurrency markets persists, causing price disparities among exchanges. These differences are narrowing with time, but they are still noticeable on smaller, less liquid exchanges,…
During the market correction, $176 million is invested in digital asset investment products
CoinShare reports that investors flocked to purchase digital asset investment packages at low market prices, bringing in a stunning $176 million inflow over the course of the last week. Investment…
The inventors of Yescoin talk about token airdrops and their goals of maximizing the potential of cryptocurrency games
Even though millions of fans of Yescoin likely want to see the token airdrop for the cryptocurrency game as soon as possible, the game’s developers say they are committed to…
In Q2, Crypto Startups Raised $2.7 billion Despite a Drop in Deal Volume
Across 503 agreements, cryptocurrency firms raised $2.7 billion in funding in the second quarter of 2024, a modest rise in cash raised amid a discernible fall in deal volume. This…
Russia is trying to “seize the moment” in digital assets, and Putin has signed a regulation pertaining to crypto mining
Russia is making great strides toward leveraging the digital asset economy, as evidenced by the recent signing of a new law by President Vladimir Putin that advances laws pertaining to…
To bring cross-chain DeFi and Bitcoin together, Near Protocol introduces Chain Signatures
According to a statement released by NEAR Protocol on August 8 and shared with CryptoSlate, the technology known as Chain Signatures enables smart contracts to sign transactions across any blockchain…
Million-dollar agreement between MetaTrust Labs and ChainSwap to improve cross-chain privacy
The firms announced on Wednesday that MetaTrust Labs and ChainSwap have formed a strategic agreement valued at up to $1 million with the goal of improving cross-chain financial privacy. A…
Grayscale Introduces Sui and Bittensor Funds
With $23 billion in assets under management, Grayscale Investments is the largest distributor of digital asset solutions in the world. It has introduced two new cryptocurrency trusts that will provide…
BlackRock and Nasdaq are pushing for Ethereum ETF choices on spot
The largest asset manager in the world, BlackRock, and exchange Nasdaq intend to list and trade options for its spot Ethereum exchange-traded fund. A rule change to list and trade…
As VIX rises to its highest level since the COVID-19 market panic, the cryptocurrency market may see increased volatility, according to an Abra expert
The macroeconomic collapse that engulfed international markets over the weekend was initially felt in the Bitcoin market, and one analyst predicts that volatility will only increase. According to Bohan Jiang,…
A fundraising round of $1.64 million is introduced on the bitcoin asset marketplace in South Africa
Platform for Regulated Alternative Capital Raising Recently, a $1.64 million (ZAR30 million) capital round for the South African reverse mortgage provider Water Financial was announced by the decentralized cross-asset marketplace…
Breakout, a crypto-focused private trading company, has raised $4.5 million in seed money
A seed fundraising round headed by RockawayX has generated $4.5 million for Breakout Trading Group, a crypto proprietary trading company. Breakout said on Wednesday that additional investors in the round…
A cryptocurrency trader updates the FLOKI outlook, stating that one rival to Ethereum is the fastest horse this cycle
On the social media platform X, pseudonymous analyst Inmortal informs his 214,500 followers that he is eyeing Solana (SOL). Inmortal tells his followers that if Solana’s price behavior resembles that…
Chainlink Integration for Real-Time Ethereum Reserve Verification is Announced by 21shares
21shares Uses Chainlink To Increase CETH Transparency 21shares revealed on Monday that the move eliminates central points of failure and offers automated onchain verification by utilizing Chainlink’s decentralized data verification…
QCP Capital analysts claim that cryptocurrency needs a “more significant catalyst” than Trump’s statement on bitcoin in 2024
For the cryptocurrency market to have a significant breakout, economists believe there needs to be a bigger catalyst than former US President Donald Trump’s Bitcoin BTC -3.92% 2024 statement. Trump’s…
Launch of the DeBridge Governance Token DBR on Solana with a Wide Range of Supported Features
Service for cross-chain transfers According to the project’s marketing chief, deBridge said on Wednesday that its governance token, DBR, will list on the Solana blockchain in less than a month….