Altcoin News and Information Today

Crypto exchange Huobi will delist privacy coins

Sep 13, 2022

The Seychelles-based crypto exchange Huobi is going to stop offering privacy coins starting next week. The action is likely due to pressure from South Korean regulators, where the company has many employees.

What is Litecoin?

Sep 10, 2022

Many analysts were of the opinion that Bitcoin is digital gold and that, in that sense, Litcoin would be silver. But what is Litecoin in the first place and can we still come to the same conclusion years later?

LUNA to the moon again: one-thousandth of a cent?

Sep 09, 2022

The price of Terra Luna classic is only half a thousandth of a cent. That sounds like not much, until you realize that a few months ago the price was around a ten-thousandth of a cent! What explains the almost tenfold increase in the price in such a short time?

Lawsuit users Tornado Cash against US Department of Treasury

Sep 09, 2022

Six users of Ethereum and coin mixer Tornado Cash have filed a lawsuit against the U.S. Treasury Department. They claim that putting Tornado Cash on the sanctions list is unconstitutional and that there are numerous legitimate ways to use this coin mixer. Crypto exchange Coinbase is financially supporting the lawsuit.

LooksRare explained: How LOOKS is challenging OpenSea

Sep 08, 2022

NFTs are one of the fastest-growing markets and it already caught the interest of global players like eBay. The biggest NFT marketplace worldwide remains OpenSea with a yearly multi-billion Dollar revenue. There are quite a few reasons why NFTs became successful. First of all, NFT collections are fun and they are creating strong communities. But what’s even more important is that there is a variety of use-cases for non-fungible tokens involved. It is possible to tokenize event tickets, art, music, and even digital property, just to name a few examples. Many analysts believe that NFTs will see even more growth with the adoption of the metaverse. This underlines how important NFT marketplaces are and what potential they could possibly unlock once this vision becomes reality. LooksRare is a challenger that is not only offering an NFT marketplace with similar options as OpenSea but also its own token that completes its ecosystem.

Ethereum Classics hashrate is at an all-time high pre-Merge

Sep 07, 2022

The Merge is going to commence next week and while the market is taking yet another nosedive, there is another blockchain profiting from Ethereum’s big transition to proof of stake. Miners were producing approximately $700 million worth of ETH in August 2022 and the equipment that was used for doing so will be put to work elsewhere once the Merge is over. Is Ethereum Classic becoming the new home for miners, how is the hashrate doing, and is it correlated to price?

Arbitrum launches Nitro: even cheaper Ethereum transactions

Sep 05, 2022

On August 31st, Offchain Labs conducted a major mainnet upgrade from Arbitrum One to Arbitrum Nitro. The launch was a success, at least as measured by daily transactions, which reached all-time highs. The Layer 2 solution is now raking in about twice as much in daily fees as its competitor Optimism.

Which blockchains and apps still generate trading fees?

Aug 31, 2022

The DeFi bubble burst this year. The prices of the coins have fallen, and so has the overall value locked up in those protocols. But that doesn't mean the apps stopped working. On the contrary, they kept working flawlessly during the last crash and are still raking in nice transaction fees. Which chains and apps are doing best in this respect?

Serious accusations: Is Avalanche hunting down competitors?

Aug 31, 2022

Ava Labs is the company that is behind the cryptocurrency AVAX and its technology. Avalanche basically competes with several other projects such as Solana, Cardano, and Ethereum. This competition is mainly about user adoption since all these platforms can run smart contracts and offer the same services and decentralized applications. But according to a report from Crypto Leaks, this might not be the only thing that Ava Labs is considering as competition. What kind of accusations is Crypto Leaks making and how did the management of Ava Labs react to it?

Avalanche dex Trader Joe launches new version of trading platform

Aug 30, 2022

Last week Trader Joe launched a new iteration of its trading platform, called Liquidity Book. Trader Joe is a decentralized exchange that is an example of Avalanche's (AVAX) thriving developer community. The new version proposes some interesting improvements for liquidity providers. Long story short, it will lead to higher fees and less risk of impermanent loss.

Fat protocol or fat apps - where will the money flow?

Aug 29, 2022

Is most of the value in the crypto world going to be in the base layer? In other words, the blockchains like Ethereum and Bitcoin? Or will the applications built on them be the winners? Think Uniswap or Aave. This is the main question many followers of crypto are asking.

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