Any crypto that has emerged since Bitcoin is referred to as an “altcoin” (BTC). Developers cloned Bitcoin’s open-source code in its early stages to produce alternative currencies. Various Bitcoin alternatives started to drift more from its forerunner over time with differing supply cycles and privacy features.
As a larger variety of applications for the tech have emerged, the emergence of altcoins and the corresponding blockchain networks heralds a period of exploration and development within the cryptocurrency sector.
The robust expansion of the Solana ecosystem in the second quarter of 2022 is attributed, in part, to the success of GameFi and DAOs, as stated in a study that spans 32 pages and was compiled and published by ByBit. During the course of the quarter, there was a rise in DAO activity, ongoing volatility … Read more
Partisia Blockchain is a layer one blockchain and a worthy competitor of Ethereum and other blockchains like Solana and Polkadot. It promises to solve the trilemma of Privacy, Interoperability, and Scalability all at the same time. Partisia Blockchain has overall 89 validators, 1,150,332 blocks, 1,144,938 total transactions, and 4 Shards to date. Partisia Blockchain has … Read more
Key Takeaway Gemini is a major cryptocurrency exchange with its headquarters in New York City. On Thursday, Gemini announced that it had launched a staking program called “Gemini Staking.” This program enables customers to stake their assets within their Gemini accounts and earn rewards or interest on those assets. The service makes it possible for … Read more
In response to the increasing number of security vulnerabilities that have been discovered on the Solana Public blockchain, Jump Crypto, a start-up that is well-known in the digital currency ecosystem for a variety of things, including system redesign and investment, is going to assist the protocol in developing a new validator client. The Solana protocol … Read more
The SEC Has Filed Charges Against Dragonchain Regarding Its ICO That Raised 16.5 Million DRGN It is alleged that John Joseph Roets, along with his companies Dragonchain, the Dragonchain Foundation, and the Dragon Company, illegally solicited investors for a total of $16.5 million through the sale of crypto asset securities. SEC contends that Roets and … Read more
Popular privacy coin throughout the weekend, Monero successfully completed a hard fork that included several new privacy and security features. In April of this year, developers made the initial announcement regarding the non-contentious hard fork, which was finished at block 2,688,888. After being scheduled to take place in July, it was moved to August 13 … Read more
Hackers took advantage of a flaw in the liquidity pool of the decentralized finance (DeFi) platform Acala, which is based in Polkadot, and caused its aUSD stablecoin to fall by 99%. This caused the list of not-so-stable stablecoins to gain a new entry. According to data provided by CoinGecko, the value of the stablecoin dropped … Read more
KuCoin, a cryptocurrency exchange situated in Seychelles, has cooperated with data aggregator 1inch DeFi to add native token swap capability to its internal wallet. KuCoin has released a decentralized product named KuCoin Wallet Through GameFi, Decentralized Finance (DeFi), and Non-Fungible Tokens (NFTs) functionalities, KuCoin Wallet offers consumers encrypted services for a convenient Web3.0 experience. To … Read more
The price of Ethereum has surpassed $2,000 as the network nears the merge event. According to data provided by CoinMarketCap, the cryptocurrency known as Ethereum (ETH) kept its upward momentum and, late on Friday night, recaptured the level of $2,000 for the first time since May. At the time of this writing, the value of … Read more
Binance United States has said that it will be blacklisting the AMP token “out of an abundance of caution” in light of the possibility that federal regulators will enforce their authority. After the token was mentioned in a legal action brought by the United States Securities and Exchange Commission, or SEC, Binance.US said on Monday … Read more