Tag: Cryptocurrency
Morpho Launches as First L2 Protocol on Base – CoinJournal
Morpho, a decentralized finance (DeFi) lending and borrowing protocol, has achieved a significant milestone by becoming the first Layer 2 (L2) protocol to launch on Base, a scaling network for Ethereum introduced by Coinbase...
Renzo Raises $17M from Galaxy and Brevan Howard through Restaking Frenzy
Renzo, a liquid restaking protocol, recently announced that it has successfully raised $17 million in funding from Galaxy Ventures and Brevan Howard Digital Nova Fund. This funding will be used to expand the project's...
TRUMP Token Faces Difficulty Getting Listed on Exchanges as DJT Price Soars
The team behind TRUMP (the meme coin, not the former U.S. president) is facing challenges in getting their crypto token listed on major exchanges. Despite being available on decentralized exchanges like MEXC, LBank, BingX,...
Proposed Plaza System Unifying Parachains for Enhanced Scalability
Polkadot co-founder, Rob Habermeier, has put forward a new proposal called Plaza, aimed at unifying parachain functionalities to improve network scalability. He believes that the current setup of functionalities across multiple chains poses challenges...
HashKey Airdrop for HSK Token Listing in Q3 2024
HashKey Group has exciting news for its community as they announced the launch of their HSK token in the third quarter of 2024. This new token will be the driving force behind all HashKey...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...
Sonic: Gaming-Focused Layer-2 Chain on Solana Raises $12M
Sonic, a layer-2 blockchain platform focused on gaming and built on top of Solana, recently completed a successful fundraising round, raising a total of $12 million. This Series A round was led by Bitkraft...
Dogecoin Bulls Experience $60M Liquidations in Largest Impact Since 2021
Bullish bets on dogecoin (DOGE) futures took a hit with $60 million in long trades being liquidated, surpassing the liquidations seen for bitcoin (BTC) futures. This drop in prices for DOGE, over 10%, is...
Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn
Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn. This trend is significant as it marks the fifth outflow in the past six trading days,...
Coolpad, Chinese Telecom Giant, Invests $13.5M in Bitcoin Mining Rigs
Coolpad Group, a Chinese telecommunications company based in Shenzhen and listed on the Hong Kong Stock Exchange, is making a significant investment in the world of cryptocurrency. The company has announced its plans to...














