Category : CoinJournal

CoinJournal

Cypher Capital backs Echelon in $3.5 million seed round

Echelon aims to improve capital efficiency with features for institutional markets. Cypher Capital participated in Echelon’s $3.5M seed round. The funding supports the development of new products, RWAs, and expansion to new networks. Cypher C...

Maker, now Sky, faces backlash over USDS stablecoin’s freeze function

Sky’s USDS stablecoin has a freeze function, raising decentralization concerns. Rune Christensen, Sky’s co-founder, says the freeze function won’t be active at launch. Sky’s website is blocking VPNs further adding to the crit...

Polygon Productions, world’s most immersive 360° sound experience, to debut at AFTER 2049

AFTER 2049 will be held on Friday 20th September at Marina Bay Sands’ SkyPark Observation Deck Polygon Productions will make its debut in Asia outside of Wonderfruit Festival for AFTER 2049 Award-winning trio WhoMadeWho will be headlining the...

Polyhedra’s zkBridge Integrates Flare to Enhance Cross-Chain Security with ZK Proofs

Dubai, United Arab Emirates, August 28th, 2024, Chainwire The Polyhedra community has approved a proposal to integrate Flare with Polyhedra’s zkBridge DVN. This integration will empower Flare developers to create secure and efficient cross-chai...

Crypto downturn sees BTC touch $58k;Bitcoin Dogs fluctuates

Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived more than 6% in the past 24 hours to trade near $58,000. The crypto market capitalization also tumble...

Floki Announces Partnership with University of Miami Athletics

Cryptocurrency organization, Floki, has announced a partnership with University of Miami Athletics. & Floki is proud to announce that Valhalla, a groundbreaking MMORPG (Massively Multiplayer Online Role-Playing Game), will be at the forefront of...

Bitcoin dips below $60k again. Is this a buying opportunity for gems like $POODL?

Key takeaways Bitcoin is down 6% in the last 24 hours and trades below the $60k level again. POODL is now live on MEXC, Raydium, and Bingx crypto exchanges. BTC slips below $60k again The cryptocurrency market is underperforming so far this week, w...

Robinhood Wallet has added support for Solana

Robinhood Wallet now supports Solana tokens, with the self-custody wallet available on iOS and Android. Solana price rose slightly after the news. The Robinhood Wallet, a self-custody wallet app available on iOS and Android, has added support for S...

Ethereum falls below $2.6k as whales dump ETH

Ethereum is down more than 5% in the past 24 hours to trade below $2,600 as altcoins show weakness. The top altcoin’s dip to lows of $2,560 on Tuesday however comes amid massive whale activity, most of which has happened in the last few hours....

Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum

Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot and Dolomite for trading, lending, and yield generation. USDY represents 17% of Arbitrum DAO’s treasury, boosting RWA ad...

TOKEN2049 Singapore exhibition space sold out, very limited delegate tickets remaining

Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance CEO Richard Teng; Solana Founder Anatoly Yakovenko; Oracle Red Bull Racing Formula 1 driver Max Verstappen; Grammy nominee Ig...

Maker Protocol rebrands to Sky, Dai stablecoin rebranded to USDS

Maker Protocol rebrands to Sky, renaming Dai stablecoin as Sky Dollar (USDS). MKR governance token upgraded to Sky (SKY) with a 1:24,000 conversion rate. Maker SubDAOs rebranded as Sky Stars, with Spark as the first live subDAO. In a significant mo...

Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module

Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency and expand real-world asset yield. BUIDL integration allows 1:1 USDC swaps, monthly dividends, and seamless transacti...

Xapo Bank partners with Hilbert Group to launch $200m Bitcoin hedge fund

Xapo Bank and Hilbert Group will launch a Bitcoin-denominated hedge fund. The BTC fund will receive an initial investment of $200 million from Xapo and other investors. Xapo Bank is teaming up with Hilbert Group to launch a Bitcoin (BTC)-denominate...

Celsius repays two-thirds of its creditors

Celsius has repaid $2.53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their funds, many due small amounts. Former CEO Alex Mashinsky faces fraud charges, with $4.7B in fines settled. In a significan...

SEC charges two brothers in $60 million Ponzi scam

The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief to freeze the brothers’ assets The US Securities and Exchange Commission announce...

OKX adds support for new USDC spot trading pairs

OKX has introduced support for multiple USDC spot trading pairs They include ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY Crypto exchange OKX has announced spot trading support for multiple tokens against the stablecoin USDC. According to an announceme...

Litecoin shrimps capitulate as LTC declines

Litecoin price hovers around $63 with the altcoin down over 5% in the past week and 11% over the last 30 days. According to CoinGecko, LTC has fallen 84% since hitting its all-time high above $410 in May 2021. The downtrend that has seen one of the...

Poodlana price rejoins the ongoing crypto rebound

Poodlana token rose for the second consecutive day as Bitcoin and other cryptocurrencies bounced back. It jumped to a high of $0.029, up by over 20% from its lowest point on Thursday this week. It has also soared by over 90% from the lowest point on...

Bitcoin Dogs (0DOG) pulls back as market loses steam, but there is a catch

Bitcoin Dogs (0DOG) drops 49% from debut, but strong trading volume shows investor interest. Integration with Bitcoin blockchain and gaming features supports long-term growth. Controlled token release and upcoming developments may drive future price...

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