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Tag: Altcoins

An altcoin refers to any cryptocurrency that is not Bitcoin. It usually refers to a collection of cryptocurrencies and tokens.

Arbitrum Foundation Faces Backlash After Selling ARB Tokens Before Governance Vote

Arbitrum Foundation Faces Backlash After Selling ARB Tokens Before Governance Vote

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In Brief: The Arbitrum Foundation sold 10 million ARB tokens for stablecoins before getting approval from its governance community The token sale violated a promise made by the foundation in its proposal to ratify its budget and governance structure The token sale angered some ARB token holders, who felt betrayed and misled by the foundation The token sale also caused a drop in ARB’s price, which fell from $1.05 to $0.76 in...

$ARB, Altcoins, Arbitrum, Cryptocurrencies, Front page, zkEVM

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Twitter Changes Logo to Dogecoin Image

Twitter Changes Logo to Dogecoin Image, Boosts Memecoin’s Value

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In Brief: Twitter changed its logo to a doge image on Monday, without giving any explanation. The logo change boosted Dogecoin’s price by more than 30%, reaching its highest level since November 2020. The logo change could be related to Musk’s support for Dogecoin, his legal troubles with Dogecoin investors, or his plans to make Twitter a payments platform. Dogecoin is a cryptocurrency that was created as a joke based...

$DOGE, Altcoins, Cryptocurrencies, Front page, Main, Twitter

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Telegram - Tether USDT

How Telegram’s Tether Integration Boosts Crypto Adoption

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In Brief: Telegram has added support for Tether (USDT), the world’s largest stablecoin, on its wallet bot. Users can now send and receive USDT directly from their chats, as well as buy, swap, and make P2P trades with the stablecoin. Telegram chose to integrate USDT on Tron because of its compatibility with its wallet bot and its low fees and fast transactions. The integration of USDT on Telegram boosts crypto adoption by bringing...

$USDT, Altcoins, Crypto adoption, Front page, Main, Stablecoins, Telegram, TON

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Polygon zkEVM

Polygon’s Zero-Knowledge Rollup zkEVM Beta Goes Live

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In Brief: Polygon has released its Layer 2 blockchain built with zero-knowledge technology, becoming the second company in four days to make a so-called ‘zkEVM’ available to the general public. The first Ethereum-compatible zk-rollups to hit the market will not preserve user privacy or obfuscate their transaction history. ZkSync Era was released Friday in alpha, the software development stage before beta. The race to launch the...

$MATIC, Altcoins, Cryptocurrencies, Front page, Main, Polygon, zkEVM

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Arbitrum airdrop

Arbitrum’s Homepage Crashes Amid Rush to Claim ARB Tokens

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In Brief: Arbitrum’s homepage briefly crashed as users rushed to claim their ARB tokens. The majority of eligible wallet addresses are expected to receive 625 tokens. The claiming process resulted in unexpected errors such as RPC limit “exceeded.” Early claimants likely sold their holdings on the market as the price of ARB fell from a high of $8.67 to $1.4 in the first 30 minutes after claims began. The Arbitrum airdrop of its...

$ARB, Airdrop, Altcoins, Arbitrum, Cryptocurrencies, Ethereum, Front page, Main

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