Altcoin news covers all news related to cryptocurrency other than Bitcoin. You can find all the daily information or topics about cryptocurrencies using blockchain technology to secure peer-to-peer transactions in this category. In the altcoin news category, you can also check all the news about cryptocurrencies that perform.
Furthermore, TheNewsCrypto team also reports breaking news about any crypto on the market alongside BTC. This includes popular coins like Ethereum, Cardano, Litecoin, Ripple, Dash, Monero, Litecoin, and many more altcoins. You can get the exciting and latest news about everything related to altcoins.
On Tuesday, a court in the Netherlands extended the prison sentence of Alexey Pertsev, the programmer behind the cryptocurrency mixer Tornado Cash. Reportedly, the court rejected claims that Perstev lacked the authority to manage Tornado Cash. Moreover, prosecutors said that the developer is essential to the crypto mixer’s operation. The
Input Output Global (IOG), a Cardano-backed firm, is preparing to launch Midnight. A new zero-knowledge data protection-based sidechain, and dust (DUST) a native token. The failure of the privacy-based blockchain Monero raised privacy concerns in the industry. During IO Scotfest, an event organized by IOG and Edinburgh University in Scotland,
Cardano’s first algorithmic stablecoin DJED will be released on the network’s mainnet in January 2023. As stated by the stablecoin’s issuer, COTI. Furthermore, this was announced on Monday at the Cardano Summit 2022 by COTI CEO Shahaf Bar-Geffen. And confirmed by the event’s verified Twitter account. This comes after it
In the aftermath of FTX’s bankruptcy, the global cryptocurrency market encountered the second massive bear trend in a year. Following that, most of the crypto exchanges were urged to disclose their cold and hot wallet addresses as proof of reserves to lower risks and increase market confidence. As a result
On Thursday, local prosecutors in Seoul allegedly had their plea to freeze roughly 140 billion won ($104 million) in assets belonging to Terraform Labs co-founder Shin Hyun-seung, or Daniel Shin, accepted by the Seoul Southern District Court. To safeguard against a defendant using illegal funds for personal gain before trial,
Litecoin was among the few currencies to see an increase in value while the market fell last week. Over the past seven days, Litecoin has seen a rise in value. Litecoin is at $63.44 at the moment. The price of Litecoin has fared better than most other cryptocurrencies since the
Vitalik Buterin, co-founder of Ethereum, recently sent a letter proposing a proposal to implement the ZK-SNark feature in order to increase the scalability of the Ethereum network. Balaji Srinivasan, a former chief technology officer of Coinbase, Kraken, and Binance, was also brought up in the letter. Vitalik claimed in his
To move USDT from the Solana blockchain to the Ethereum blockchain, stablecoin issuer Tether has launched a $1 billion chain swap. The news comes as Solana, which was among the top 5 largest cryptocurrencies by market size only weeks ago, struggles in the wake of the bankruptcy of crypto exchange
Recently, it was announced that XRP token issuer Ripple Labs is applying for permission from Irish regulators to join the European market. Ripple has plans to apply for an electronic money license once it secures a virtual asset service provider (VASP) license. According to Ripple’s announcement, the company has already
In order to give complete transparency regarding assets and attempts to repeg TerraUSD (UST), the nonprofit organization Luna Foundation Guard (LFG) that manages the UST algorithmic stablecoin issued a technical audit. LFG seeks to address all claims involving misused money, insiders, holdings cash in other wallets, and monies blocked. A
