Amino to Launch Klay Thompson NFT Collection in Conjunction with Binance NFT
By Tolu Ajiboye
The Amino Thompson NFT initiative is part of a broader plan to launch 30 NFT collections celebrating iconic athletes.
Altcoin News
Find the key information about altcoins news, price forecasts, analytical insights, and much more we to share about the alternate cryptos 
Binance Starts Mining Pool for Ethereum Proof-of-Work (ETHW) at No Fees
Binance announced support for the ETHW mining pool with a one-month promotional period wherein it will be no fees for participants of ETHW Pool.
SWIFT Joins Hands with Chainlink over Cross-Chain Protocol
The Proof-of-Concept will utilize Chainlink’s Cross-Chain Interoperability Protocol (CCIP) while allowing SWIFT messages to instruct token transfers across every blockchain network.
Circle Adds USDC Stablecoin to Five New Blockchains, Launches Cross-Chain Transfer Protocol
By Tolu Ajiboye
In a bid to cement its place as a stablecoin market leader, Circle has decided to introduce USDC to five new blockchains.
Robinhood Taps USDC Issuer Circle to List Its First Stablecoin
Robinhood’s partnership with USDC comes at a time that stablecoins are subject to criticisms and intensified scrutiny.
Ethereum Co-founder Vitalik Buterin Finally Releases Long-awaited New Book
By Tolu Ajiboye
Vitalik Buterin recently announced the release of his new “Proof of Stake” book and intends to donate all sales proceeds to fund the web.
California State Regulator Targets 11 Crypto Firms for Running ‘Ponzi Schemes’
By Tolu Ajiboye
The California DFPI says its targets are crypto firms that misappropriated customers’ funds and also misrepresented their services.
Crypto Billionaire Jihan Wu Sets Up $250 Fund to Purchase Assets from Struggling Bitcoin Miners
According to the report, Bitdeer Technologies, owned by Wu, will contribute $50 million to the $250 million fund.
Binance Launches Training Program to Help Law Enforcement Curb Crypto Crime
The launch of the program comes after a warning by the FBI last month concerning the increase in the number of cyber attacks targeting decentralized finance (DeFi) platforms.
South Korean Regulators Moves to Freeze $67M in Assets Tied to Do Kwon
Do Kwon has often claimed that his intentions for the UST stablecoin were legitimate as he sought to pioneer a monetary system that is independent of the influence of the US dollar.
Altcoin News
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Latest Altcoin News Today
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.
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