Tag: Platform

Kraken adds forex perpetual futures contracts to its Pro platform

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Cryptocurrency exchange Kraken introduced foreign exchange (forex) perpetual futures contracts to its Kraken Pro platform on April 18, giving traders further exposure to global currency markets. The first two perpetual forex futures available on the platform will be the euro-US dollar (EUR-USD) and the British pound-US dollar (GBP-USD) contracts, according to a company announcement. Both contracts feature 20x leverage and no expiry date, meaning they do not have to be rolled or settled by a deadline, unlike traditional futures contracts, which have an expiry date. Krakenโ€™s move is the latestโ€ฆ

AI agent platform Virtuals revenue plunges to $500 a day with token down 90%

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The artificial intelligence agent creation and monetization platform Virtuals Protocol has seen its daily revenue plummet to just $500 as demand for crypto AI agents continues to wane. โ€œProbably one of the wildest crypto charts of the cycle,โ€ Blockworks researcher Sharples said in an April 8 X post. Steep decline in AI agent creation Sharples said that it has โ€œbeen about a weekโ€ since a new AI agent launched on Virtuals compared to late November when the platform was helping make over 1,000 new AI agents a day, according toโ€ฆ

Memecoin platform Pump.fun brings livestream feature back to 5% of users

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Alon Cohen, co-founder of the Solana-based memecoin launchpad Pump.fun, is set to bring back live streaming on the platform โ€” five months after suspending the feature after several incidents involving harmful content.  Posting on X on April 4, Cohen said the feature has returned with โ€œindustry standard moderation systems in place and transparent guidelines.โ€ He said it had been rolled out to just 5% of users.  Source: Alon Cohen Pump.funโ€™s website describes the purpose of its new live-streaming moderation policy as being โ€œto cultivate a social environment on pump funโ€ฆ

Pump.fun launches lending platform to finance memecoin buys

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Pump.fun is launching a lending platform to enable users to buy memecoins and non-fungible tokens (NFTs) with borrowed cryptocurrency, the Solana-based memecoin launchpad said.  Dubbed Pump.Fi, the onchain lending protocol provides โ€œimmediateโ€ฆ financing for [any] digital asset,โ€ Pump.fun said in an April 1 X post. According to Pump.fun, borrowers pay one-third up front and the rest over 60 days. In addition, Pump.Fi will create a marketplace for lenders to buy debt. The protocol did not specify how Pump.Fi โ€” which doesnโ€™t do credit checks โ€” plans to ensure repayment of undercollateralizedโ€ฆ

Social platform 9GAG acquires Hong Kong-listed firm to buy Bitcoin, double down on AI

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9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and web3. A regulatory filing with the Hong Kong Exchanges and Clearing Limited reveals that the purchase of Howkingtech involves a maximum cash consideration of HK$79,649,599 (about $10.2 million), assuming all share options are exercised beforeโ€ฆ

The9 Limited Receives Strategic Investment from Cryptocurrency Investment Funds to Operate Global GameFi Platform

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SINGAPORE, March 31, 2025 /PRNewswire/ โ€” The9 Limited (NASDAQ: NCTY) (hereinafter referred to as โ€œThe9โ€), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as โ€œthe Investorsโ€). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of theโ€ฆ

Top Global Crypto Exchange Binance To List New Blockchain Gaming Token via the Launchpool Platform

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Binance plans to use its Launchpool platform to launch trading support for the new native asset of a gaming blockchain. Binance Launchpool, which lets users stake coins to farm new assets, says its 66th project will be GUN, the official token of the GUNZ blockchain, which was built by developer Gunzilla Games. The chain currently powers Gunzillaโ€™s Extraction Royale game โ€œOff The Gridโ€ and its infiltration game โ€œTechnocore.โ€ Gunzilla says in the projectโ€™s whitepaper that the chain was โ€œpurpose-built for AAA web3 gaming.โ€ โ€œOriginally created to support a community-driven economyโ€ฆ

LatAm Exchange TruBit Taps Crypto Lending Platform Morpho for DeFi Earn Offering

TruBit, a Latin America-based cryptocurrency exchange with regulatory licenses in Mexico and Argentina, is offering users in the region a decentralized finance (DeFi) yield product powered by crypto lender Morpho. Catering to a growing demand for crypto-backed lending, this move by retail exchanges is all about creating an easy way for users to interact with decentralized, automated lending and borrowing, a so-called โ€œDeFi mulletโ€ (fintech on the front end, DeFi at the back). Morphoโ€™s TruBit partnership follows the DeFi lending protocolโ€™s announcement earlier this year with Coinbase, to offer bitcoin-backedโ€ฆ

eToro trading platform publicly files for US IPO

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Cryptocurrency-friendly trading platform eToro has filed for an initial public offering (IPO) in the United States following several previous attempts. The company said in a March 24 announcement that it had submitted a registration statement on Form F-1 with the US Securities and Exchange Commission related to the IPO of its Class A common shares. EToro has applied to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol โ€œETOR,โ€ according to the announcement, which stated: โ€œA registration statement on Form F-1 relating toโ€ฆ

DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.comโ€™s social media account reveal that the DEX Pancakeswap secured the top position in this weekโ€™s trading volume figures. โ€œWith over [โ€ฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal