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Altcoins
TRON founder Justin Sun announced on Thursday a new decentralized dollar-pegged algorithmic stablecoin on the Tron blockchain called USDD. See related article: What are stablecoins, and why are some governments so afraid of them? Fast facts The TRON Decentralized Autonomous Organization (DAO) intends to raise US$10 billion within the next year to fund a crypto […]
Lachlan Keller
Altcoins
A Porsche dealership in Baltimore, Maryland, has begun accepting mainstream crypto payments for vehicles, along with DOGE and Shiba Inu, according to a Tweet by U.S.-based crypto payment service provider BitPay. See related article: Lamborghini’s last all-gas Aventador to be auctioned with NFT Fast facts See related article: Hic Hic Hurray! Scottish distillery Ardbeg to […]
Ningwei Qin
Altcoins
The Dogecoin community hoping for a price rally was disappointed on “Doge Day” as ApeCoin stole the spotlight with a 30% climb. See related article: Will the dog have its day on Doge Day? Fast facts DOGE investors were hoping to recreate last year’s success when DOGE rallied over 500% in the days leading to […]
Lachlan Keller
Altcoins
Holders of the world’s leading memecoin are hoping for a repeat of 2021 where a community effort helped propel the token’s price into the stratosphere. But one industry watcher says the market is a very different place now.
Lachlan Keller
Altcoins
An attempt to assuage Axie Infinity players miffed by falling earnings isn’t turning out too well for developer Sky Mavis, Forkast learns, as loyalists bemoan it may be too little, too late.
Lachlan Keller
Altcoins
Indian cryptocurrency exchange CoinDCX’s latest funding comes as investors double down on the country’s potential to emerge as the world’s top market despite government apathy. See related story: CoinDCX’s Sumit Gupta on CBDCs, regulation and India’s potential for crypto in 2021 Fast facts Series D funding was led by Pantera and Steadview Capital, the company […]
Pradipta Mukherjee
Altcoins
The cryptocurrency market returned strong from the Easter holidays with Terra LUNA leading major coins with an 18.5% rebound to trade at US$91.43, on Tuesday morning Asia time. See related article: Is Terra — whose LUNA coin is now at another all-time high — really where the smart money is? Fast facts Terra reached its […]
Lachlan Keller
Altcoins
Circle, the issuer of the world’s second-largest stablecoin USDC, has raised US$400 million in its latest funding round with major investments from BlackRock and Fidelity Management and Research, as the stablecoin issuer looks to explore possibilities with the traditional financial world. See related article: Circle’s growth outpaces Tether as it doubles valuation Fast facts Circle […]
Timmy Shen
Altcoins
The stablecoin market cap grew by US$23 billion in an otherwise lackluster market for crypto assets, according to a quarterly report by CoinGecko. See related article: Bitcoin follows blue chips south amid market turmoil Fast facts Stablecoins were among the biggest beneficiaries from investor “derisking” into stablecoins, CoinGecko said in its report, with USDT remaining […]
Danny Park
Altcoins
Robinhood added four new cryptocurrencies to its platform on Tuesday, including Shiba Inu token (SHIB), a listing the memecoin community has pleaded for since its inception. See related article: What is the real value of joke coins like Dogecoin and SHIB? Fast facts SHIB gained 30% following the news and has slightly retraced its pump […]
Lachlan Keller
