This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
DeFi’s explosive growth has helped UniSwap emerge as one of the most popular DEXs today in the market. The UniSwap exchange processes over $1 billion in daily transactions.
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.
For now, the new age of digital finance is regarded as more problematic than beneficial. The superiority of blockchain is often underestimated and questioned as world governments see more danger coming into existing banking systems.
Hester Peirce wants more precise cryptocurrency regulations amidst crypto adoption by big companies.
The founder expects that SBI Holdings will take advantage of the cryptocurrency boom to make the area its key earner.
Elon Musk said that too much concentration of DOGE coins in the hands of big players is a matter of concern and thus he wants big holders to sell their coins.
The recent surge in the price of Bitcoin came after a series of events that show the wider adoption of Bitcoin globally.
The fundraising round of Synthetix is the first time when the project directly governed by a DAO raises funds. Investing in Synthetix, Coinbase Ventures, Paradigm, and IOSG are bringing something valuable to the project.
Ripple founding member Jed McCaleb continues with his aggressive XRP dumping and has reportedly made more than half-a-billion dollars in gains by selling XRP over the last 8 months.
The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols.
Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.
Cryptocurrency can transform the way we exchange goods and services, but establishing a baseline sense of stability is a prerequisite to the expansion of this technology.
Crypto traders and investors as well as companies are expected to be given a three to six month transition period to liquidate their digital holdings after the new law is made officially.
With PayPal being a CBDC distributor, more customers would be interested in its products, especially those related to crypto.
Unlike most DeFi projects that solely focus on Ethereum, Kava provides a decentralized finance solution for different assets.