Category: Token Trends
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Sei Network migrates to EVM-only in 2024, retiring Cosmos accounts
Sei Network plans EVM-only migration, phasing out Cosmos accounts by 2024. The move impacts 1.2M users, aligning with Ethereum and SEI token standards.
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Transak raises $16M from Tether and IDG Capital for stablecoin payments
Transak secured $16M from Tether and IDG Capital to build a stablecoin payments framework, enhancing crypto transaction efficiency and global adoption.
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Perplexity bids $34.5 billion for Google Chrome in 2024 tech acquisition
Perplexity, an AI startup, bids $34.5 billion for Google’s Chrome, marking a major tech acquisition attempt involving Alphabet and the browser market.
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Coinbase CEO outlines post-DEX plans including Ethereum integration and 10M user target
Coinbase CEO Brian Armstrong hints at future plans after DEX launch, including Ethereum integration and 10M+ user base expansion by 2025.
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Algorand L1 sustains 1.2M daily transactions after USDT exit and Algofi shutdown
Algorand L1 progresses after USDT exits and Algofi shuts down, with 1.2M daily transactions and partnerships including Circle and FIFA.
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Incentiv allocates 26% of $CENT to rewards in public launch with 1.2M wallets
Incentiv launches publicly with 1.2 million wallets, allocates 26% of $CENT to rewards, targets community growth, and integrates blockchain incentives.
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BitMine targets $24.5B raise, Sharplink closes $389M stock sale
BitMine plans to raise $24.5B, while Sharplink finalizes a $389M stock sale. Bitcoin trades at $42,000 as Ethereum drops 3%.
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Circle launches ARC Layer 1 network for USDC and EURC stablecoins
Circle launched ARC, a Layer 1 network for stablecoins, supporting USDC and EURC. The network aims to process 10,000 TPS by 2025.
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Remittix Web3 wallet beta launches June 15 after $18.7M presale
Remittix will launch its beta Web3 wallet on June 15, 2023. The presale raised $18.7M, with CEX listings including Binance and Coinbase pending announcement.
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Hex Trust enables tokenized uranium custody via Tezos Etherlink in Q2 2024
Hex Trust now supports tokenized uranium custody via Tezos-based Etherlink, marking a 15% increase in digital asset offerings. Includes XTZ and uranium market integration.