Avalanche has announced a new grant program that will reward developers building on the blockchain’s mainnet. The Avalanche (AVAX) ecosystem will benefit from this new $40 million grant program through the ‘Retro9000’ initiative introduced by the Avalanche Foundation on Sept. 26. A $40 million grant program Retro9000 is a retroactive rewards program designed to incentivize developers to contribute to the blockchain platform’s ecosystem growth via layer-1 chains built and deployed on the Avalanche mainnet. The program is part of ‘Avalanche9000’ upgrade, which is set to reduce the costs associated with…
Day: September 26, 2024
Inflation Should Moderate in August, Boosting the Crypto Outlook
PCE, an alternative measure of inflation, is starting to ease up, setting the stage for easier money policies from the Fed. If so, that’s good news for risk assets like bitcoin and ether, says Scott Garliss. Source
How a Harris ‘Opportunity Economy’ Will Benefit the Crypto Industry
These comment comes more than a month after Democratic cryptocurrency industry leaders coalesced to form the Crypto4Harris movement which hosted a Town Hall advocating for a Democratic “reset” on digital asset policy. And I acknowledge they were modest comments in comparison to Trump’s 180 degree pivot from skeptic to supporter. For many, they were the first clear signs of her willingness to support the industry. But those of us who have been following the paper trail and reading the tea leaves saw this coming. Her advisors and surrogates have made…
Crypto Analysts Say These are the Best Meme Coins to Buy for October: Popcat, Floki, Crypto All-Stars
Meme coins – they’re the wildcards of the crypto market. As we prepare to enter October, everyone’s buzzing about which of these coins could be the next big thing. And analysts have their eyes on a few standout contenders: Popcat, Floki, and Crypto All-Stars. Solana Meme Coin POPCAT Continues Impressing Investors Solana-based meme coin Popcat […] Source CryptoX Portal
Hamster Kombat Listing Hits The Market, But Fans Aren’t Cheering—What’s The Deal?
Popular cryptocurrency game Hamster Kombat has started token listing on big markets including OKX and ByBit. Still, the continuous community turmoil around the recent HMSTR token airdrop has tempered the enthusiasm around the release. Hamster Kombat: ‘Unfair’ Token Distribution The Hamster Kombat crew has been alleged of unfair airdrop distribution of the HMSTR tokens. Many players who invested a lot of time and money in the game got only a meager fraction of the projected tokens; some barely had $50 worth. The community is particularly upset about the role of…
Crypto for Advisors: The Growth of Bitcoin as Collateral
As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the cryptocurrency space to meet growing client demand. Source
Check Point Discovers Mobile Crypto Drainer App on Google Play Store: $70K Stolen From 10,000 Users
Check Point Research (CPR) has uncovered a new threat: a mobile crypto drainer app found on Google Play. This app, deceptively posing as the legitimate WalletConnect tool, exploited the growing popularity of digital assets and targeted users directly on their mobile devices. Over five months, it achieved more than 10,000 downloads and stole around $70,000 […] Source CryptoX Portal
Bitcoin Price (BTC) Rose 1.9% While Ether Price (ETH) Gained 2.0%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery. However, there could be a small roadblock for the meme coin when it comes to achieving this uptrend as one analyst has pointed out the possibility of a further crash from here. A Crash Or A Surge…
Blackhat Crypto Hackers Stole $409M in Q3: Immunefi
“We’re seeing a higher number of incidents targeting DeFi, while CeFi experiences fewer incidents but often with more severe consequences, with hundreds of millions in stolen funds in a single exploit,” said Mitchell Amador, founder and CEO of ImmuneFi. Source