SnowBridge, a trustless cross-chain bridge designed to link Polkadot with Ethereum, is seeking approximately $6 million in DOT tokens funding from the Polkadot community. The firm’s proposal stated that the funds are intended to ensure Snowbridge’s long-term success, align the team’s incentives with the Polkadot community, and provide financial guarantees for the bridge’s users. Treasury […]
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Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo.
Polkadot community members are debating the feasibility of a bridge that would link the network to Cardano. Felix, an agent from the Unifires ecosystem, shared on the Polkadot Forum that efforts are underway to develop a Cardano-Polkadot light client and NFT swap bridge. He mentioned that the proposal has already been submitted to Cardano, and […]
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Tether, the issuer of USD₮ tokens, is shifting its focus towards “enhancing community-driven blockchain support.” As part of this strategic transition, Tether will cease support for the EOS and Algorand implementations. In line with its commitment to maintaining a robust and innovative blockchain ecosystem, Tether stated that it consistently evaluates current transport layers to balance […]
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Worldcoin’s WLD token jumped by more than 12% to over $3 the past day after the project scored significant victories in different jurisdictions. Worldcoin is a proof-of-personhood crypto project that has faced scrutiny and controversy worldwide since its launch due to its facial data collection. These challenges have significantly impacted the WLD token, down more than […]
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Polkadot co-founder Rob Habermeier has proposed Plaza, a new system chain designed to unify parachain functionalities and enhance network scalability. According to Habermeier, the current distribution of functionalities across multiple chains creates challenges for users and developers, leading to fragmentation and scalability limitations. He is advocating for a strategic focus on usability by building a […]
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As Notcoin and Hamster Kombat continue to amass millions of users, experts question the long-term viability of crypto clicker games.
The Web3 Foundation has launched a prize pool of 10 million DOT tokens, equivalent to approximately $65 million, to support the implementation of the highly anticipated Join-Accumulate Machine (JAM) upgrade to the Polkadot’s ecosystem. On May 27, Polkadot’s founder, Gavin Wood, revealed that the project’s community had ratified the proposed upgrade with a near-unanimous governance vote. JAM […]
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MicroStrategy upsizes its convertible senior notes offering to $700 million, earmarking proceeds for Bitcoin purchases and corporate purposes.
Cardano founder Charles Hoskinson revealed that the blockchain is on course for its “most significant milestone in history,” with the impending Chang fork setting the stage for the “Age of Voltaire.” In a June 9 social media post, Hoskinson said: “It looks like June will be the month that Cardano Node will reach 9.0. This […]
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Polkadot Treasury has allocated 2 million DOT, valued at $14.4 million, to enhance the liquidity of the DeFi project Hydration, according to a June 10 statement shared with CryptoSlate. The project stated that the funds will boost the liquidity and efficiency of its single-sided liquidity provisioning platform, Omnipool. This latest funding aligns with Polkadot’s current […]
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With the cryptocurrency market constantly evolving, investors are always on the lookout for the next big opportunity. Here, we highlight the top four altcoins that are poised to offer substantial returns in 2024. Related Reading: Crypto Expert Reveals Top 3 Trades To Take Now 1. MAGA VP ($MVP) MAGA VP ($MVP) is making waves in the crypto community with its unique blend of political engagement and rewarding mechanisms. Known for its strong community support and strategic partnerships, $MVP offers token holders rewards in $TRUMP tokens and participates in significant political events. Recent developments include the launch of a new app featuring a prize pool for voting activities, making it a compelling investment for 2024. 2. NOT Token Notcoin is a Telegram-based game that has garnered the interest of millions of players in recent months. The game has amassed a total of 35 million players, reaching a peak of six million daily active users. This makes it significantly more popular than most other crypto games. After experiencing a retracement from its previous high, Notcoin (NOT) has started to show significant bullish momentum, capturing the attention of both traders and investors alike. This continuing upward trend suggests a strong level of market confidence and growing optimism regarding its future potential. 3. Solana (SOL) Solana continues to be a favorite among investors due to its high-speed transactions and scalability. Solana (SOL) is an open-source project leveraging blockchain’s permissionless structure to provide decentralized finance (DeFi) solutions. The platform has experienced a surge in the total value locked (TVL) in its DeFi applications. This trend is also boosting the popularity of meme coins on the Solana blockchain. Should market conditions shift, this dynamic could position Solana as a noteworthy crypto asset, making it one of the top altcoins poised for significant growth. 4. Ethereum (ETH) Ethereum remains a cornerstone of the cryptocurrency market. With ongoing upgrades like Ethereum 2.0 and ETF involvement, ETH is set to maintain its position as a leading investment option. Despite facing criticism for high transaction fees, Ethereum remains a dominant force in the crypto space, powering thousands of applications and other altcoins with its robust blockchain infrastructure. Related Reading: Shiba Inu Burn Rate Flatlines With 99% Crash, End Of The Road For SHIB? Conclusion Investing in altcoins can be highly rewarding, especially with thorough research and strategic choices. The altcoins listed here, including MAGA VP ($MVP) and NOT Token, are set to deliver impressive returns in 2024. Stay informed and consider diversifying your portfolio with these promising assets. Cover image from MAGA VP, Chart from Tradingview
Donald Trump’s crypto portfolio, as detailed by Arkham Intelligence, has seen a significant increase in value over the past three months, peaking at approximately $32 million due to a surge in memecoins. His holdings are diversified across several tokens, with notable holdings in TROG, TRUMP, ETH, and WETH. Trump’s largest holding is in the TROG […]
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Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities.
Trading on the New York Stock Exchange (NYSE) was abruptly halted today after Berkshire Hathaway’s Class A shares experienced a dramatic 99.97% drop in value. The equity last traded at $185.10, down from $627,214.90. The halt, coded as M, was triggered due to volatility, and the cause of the sudden decline remains unclear. In a […]
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DN-404 is an experimental Ethereum token standard designed to address the limitations of its predecessor, ERC-404, by enhancing tokenized assets’ efficiency, scalability, and interoperability. DN-404, short for “Divisible NFT-404,” was developed by blockchain engineers and industry experts to improve the ERC-404 standard. ERC-404 aimed to integrate ERC-20 fungible tokens and ERC-721 NFTs to facilitate the […]
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Token standards are rules and protocols that dictate how tokens function on a blockchain. Different blockchains have their own token standards to ensure interoperability, security, and efficiency. Here are some of the key token standards across the top 10 blockchains with Turing complete environments Ethereum, Solana, BNB, and XRP: Ethereum Token Standards Ethereum has developed […]
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LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members.
A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.
With StepN Go, users are now able to share their digital sneakers with friends and split the earnings with the new token, the Go Gaming Token.
RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more.
Polkadot blockchain activity has surged to record levels, with active addresses hitting all-time highs for two consecutive months. Data from DotLake indicates the network boasted around 650,000 active addresses on-chain as of the end of April. The growth continues the uptrend that saw the number of active blockchain addresses surpass its previous high of 605,000 […]
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Former President Donald Trump continued his advances toward the crypto community by hosting an event for holders of the Trump Cards NFT Gala on May 8 at his Mar-a-Lago resort in Palm Beach, Florida. During the event, Trump expressed his support for cryptocurrencies, announcing plans to accept digital asset donations for his potential re-election campaign. […]
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Vega Protocol's pre-launch MCAP futures aim at offering a new way to trade on token market caps before its official release.
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The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks involve the gradual release of coins initially held to discourage early investors or team members from rapidly selling their large-volume holdings. This process has consistently wielded considerable influence over the […]
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Hardhat Chad clarified that he isn’t looking for funds from the foundation; his goal for Ore is to establish a currency, not develop testnet tools.
The Polkadot community is exploring a substantial $8.8 million sponsorship opportunity with Lionel Messi’s Inter Miami Football Club. This move aims to capitalize on the football club’s extensive global reach and exposure while strategically showcasing the capabilities of the Polkadot ecosystem. Moreover, it represents the latest strategic effort by the Polkadot community toward elevating the […]
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Solana developers have released a version 1.17.31 update to help the blockchain network battle the congestion issues it faced over the past month. In an April 15 post on X, Solana’s Status said: “The v1.17.31 release is now recommended for general use by MainnetBeta validators. This release contains enhancements which will help alleviate the ongoing […]
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Celisa Morin, the head of legal at Reed Smith and a former executive at Grayscale, says traditional financial institutions will likely follow BlackRock’s lead in using public blockchains.
Toncoin, the native token of The Open Network (TON), surged into the top 10 digital assets by market capitalization amid recent developments within the network. TON is a layer-1 blockchain network intricately linked with the renowned social messaging platform Telegram. TON developments On April 8, TON Society, a community contributing to the TON blockchain, revealed […]
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