Altcoin News

The run-up for Cardano’s native token ADA came to a halt today as the token corrected by 4.9% over the past 24 hours, after having soared more than 50% over the course of last week. The slight correction comes as the planned “Alonzo” upgrade, which will enable smart contracts on the blockchain, moves closer with a confirmed September 12 release date.

A furious LUNA investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who broke into the apartment complex in which Kwon resides and rang the doorbell – but a social media star says it was him.

A hearing on stablecoin regulation in the US House of Representatives’ Financial Services Committee yesterday revealed strongly diverging views on both stablecoins and crypto more broadly among lawmakers on Capitol Hill.

EOS investors took a chance to exit after a strong rally yesterday, prompted by the news that the EOS community voted to stop token vesting to Block.one, the developer of EOSIO, an open-sourced blockchain software.

Sanctions imposed on Russia as a result of its war in Ukraine could lead more countries to consider digital versions of their own currencies – known as central bank digital currencies (CBDCs) – as a counterweight to the dominant role of the US dollar, a former Bank of Japan (BOJ) executive has said.

American regulators have waded into the aftermath of the terraUSD (UST) crash last month – and the coin's operators could face trouble at the hands of United States courts and the Securities and Exchange Commission (SEC).

Major crypto derivatives exchange FTX has launched a USD 2bn venture fund, FTX Ventures.

After market sentiment saw a notable drop a week ago, it's now showing a smaller recovery. And even though no coin managed to get back into the positive zone, one got pretty close this week: bitcoin (BTC).

Solana (SOL)-based wallet provider Phantom has announced a new feature that will burn spam non-fungible tokens (NFTs) sent by scammers.

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.