DMCC Enters Partnership with Enya Labs and Boba Network to Strengthen Its Global Crypto Network
By
Tolu Ajiboye
UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.
Altcoin News
Find the key information about altcoins news, price forecasts, analytical insights, and much more we to share about the alternate cryptos
Zilliqa (ZIL) to Launch Full EVM Compatibility by April as Token Price Falls 5%
Zilliqa believes that launching EVM fully would help bolster its ecosystem and expose it to the wider blockchain developer community.
Mastercard Partners Australian Fintech Stables to Enable Stablecoin Payment
The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week.
Polygon & Immutable Partner to Enhance Web3 Gaming Integration
By
Tolu Ajiboye
Ethereum scaling solutions Polygon and Immutable recently announced a Web3 collaboration that would benefit gamers and developers
DefiLlama Apologizes for Weekend Drama and Clarifies There is No LLAMA Token Currently Planned
A pseudonymous DefiLlama developer claimed that there is a hostile takeover attempt in the DefiLlama protocol through a token launch.
Hacker of Euler Finance Sends 100 ETH to a North Korean Address
As per blockchain intelligence firm Chainalysis, Euler Finance transferred a total of 100 ETH to an address having links to North Korea.
DefiLlama Rocked by Internal Crisis as Employees Disagree over Token Plan
The decision to launch the token did not sit well with most DefiLlama contributors who have now openly rejected it.
XRP Hits $20B Market Cap Following Recent Crypto Rally
By
Tolu Ajiboye
Ripple coin XRP recently hit $20 billion due to the broader crypto market upswing from the banking crisis.
PLBY Group Loses $4.9M after Receiving Ethereum Payments for Its ‘Rabbitars’ NFT
Negative swings in the market price of Ethereum may have had a material impact on the company’s earnings and carrying value.
Binance Announces Space ID Token Sale on Its Launchpad
Binance has announced Space ID (ID) as the 30th project it will host on its launchpad. Space ID is the native token of the SPACE ID ecosystem, a Web3 identity protocol with a universal name service network.
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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