Category: News
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Binance Introduces Scroll (SCR) on Its Launchpool And Premarket
Binance has launched Scroll (SCR), the 60th project on its Launchpool platform, marking a significant step forward in Ethereum scaling. Scroll is a zkEVM Rollup, designed to be bytecode-compatible, making it a promising development for Ethereum’s ecosystem. Launchpool Details The dedicated webpage for Scroll will go live within 24 hours, just before farming kicks off.…
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Tatsu and OpenGPU Network Announce Strategic Partnership
In a significant move for the tech industry, Tatsu and OpenGPU Network have officially joined forces, as announced on X this today. This partnership as per these projects promises to mark a new chapter for both entities, combining Taτsu’s pioneering decentralized technologies with OpenGPU Network’s robust GPU computing power. The collaboration, symbolized by the partnership…
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Kujira Rebrands as Rujira Network, Forming the Rujira Alliance with THORChain and Levana
Kujira has officially rebranded its TeamKujira account handle to RujiraNetwork, marking a significant evolution in decentralized finance (DeFi). The rebrand introduces “Rujira,” a new collaboration between Kujira, Levana, and THORChain, known as the Rujira Alliance. This partnership aims to create a powerful app layer on THORChain, offering a fully integrated suite of DeFi tools and…
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Judge Approves FTX Cash Repayment Plan for Crypto Customers
In a big moment for the crypto space, a U.S. judge approved a unique bankruptcy plan for FTX, once the third-largest crypto exchange by volume. This decision ended a rough period that began when FTX collapsed in November 2022. A liquidity crisis revealed an $8 billion shortfall. The plan will repay $16 billion to creditors.…
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YieldBricks announces IDO to begin from 14th October
Yieldbricks, a decentralized real estate investment platform, has officially announced the schedule for its highly anticipated Initial DEX Offering (IDO) and Token Generation Event (TGE). The IDO will commence on October 14 with BullPerks, followed by Poolz on October 15. Additionally, the project has confirmed that it will be listed on both decentralized and centralized…
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Certik Highlights Security Challenges in the Crypto Industry
Certik, a cyber security firm discloses that although the frequency of hacks decreased in the last quarter, the total value extracted by thieves dramatically increased. According to its latest Web3 security report, hackers stole $750 million across 155 incidents, bringing the year’s total losses to nearly $2 billion. Takeaways from the Certik report Despite 27…
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PocketFi Prepares for Governance token TGE, $Switch
PockeFi is a platform that simplifies complex DeFi tasks, offering users easy access to services like cross-chain token swaps, staking, yield farming, and copy trading, via its Telegram Mini-App. It has recently acquired over 9 million users, positioning itself as one of the most popular Telegram-based DeFi platforms. It has initiated preparations for the upcoming…
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MEXC to Delist $RIO and $RUNECOIN from Futures Trading
MEXC has announced its decision to delist $RIO and $RUNECOIN perpetual futures trading pairs on October 10, 2024, at 09:00 UTC. This move has raised eyebrows in the crypto community, as it could influence market behavior for these assets and impact traders holding positions in these pairs. Impact on Traders: Reasoning Behind the Delisting:
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BLOCX. undergoes halving; block rewards reduced by 20%
BLOCX. has successfully completed its 9th halving, reducing block rewards by 20%, a crucial milestone that moves the project further along its roadmap. This halving is designed to control the supply of BLOCX., creating a more scarce digital asset, which could lead to increased long-term value. It also promotes the sustainability and longevity of the…
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Vitalik Buterin sells $300k of memes & USDT to buy ETH
Vitalik Buterin’s Ethereum wallet made a significant transaction yesterday, converting several meme coins and Tether’s USDT into ETH. Over the past year, various meme token developers had sent these tokens unsolicited to Buterin’s wallet. Afterward, Buterin sent 100 ETH (around $242,000) to the “Free Alexey & Roman” campaign, which supports the legal defense of Tornado…