Author: altcoinvest
Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13.“Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement.Dango founder Larry Liu added that the team faced cash shortages, legal challenges that slowed momentum, the loss of team members, and broader market conditions.Dango launched its mainnet in January after raising $3.6 million in a 2024 seed round led by Hack VC and Lemniscap. It rolled out…
Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.
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Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 24, 2026 In Ethereum news today, Fasanara Capital, a London-based quantitative asset manager,…
Total value locked has roughly tripled since mid-July to about $312 million, according to DefiLlama, and Robinhood Chain is now clearing more than $600 million in daily decentralized-exchange volume, putting it among the more active networks in crypto.Robinhood Chain’s locked value has more than doubled since mid-July. (Shaurya Malwa/CoinDesk)Its transaction count has also drawn attention, with more than 138 million in 30 days, per Token Terminal. But the chain’s most-traded tokens are still overwhelmingly memecoins. On DEX Screener, the top of Robinhood Chain’s trending list is filled with tokens like “Hoodrat,” “Vladhood” and “Swole Doge,” not the tokenized equities the…
Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale process tied to its West Texas mining operations. The filing was made on July 22, 2026, in the US Bankruptcy Court for the District of New Jersey under Case No. 26-18325. Poolin Technology PTE. Ltd. and its US affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC, are listed in the case. The filing details a $52 million stalking-horse bid from Thor CALAP LLC for the company’s Pyote and Tarbush mining sites in West Texas. Poolin’s prepetition liabilities stand at $173.1 million, including $163.7…
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Exchange token promotions rarely move the needle for savvy market participants, but HTX is betting a three-month developer sprint can cut through the noise. The HTX Genesis Hackathon, co-hosted by HTX DAO and the AI entity B.AI, officially wrapped up this week, according to the official announcement. Organized by TinTinLand, the event aimed to funnel builder activity toward the exchange’s native $HTX token by encouraging projects that blend blockchain with artificial intelligence. The announcement framed the hackathon as a catalyst for ecosystem growth and long-term token value. Specific winning projects were not disclosed in the PRNewswire release, leaving the market…
Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April. The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first day. Now, the fund has over $391 million in assets, demonstrating the popularity of the product. Many ETFs never reach $400 million in assets at all, let alone in one quarter. Senior Bloomberg Intelligence ETF analyst Eric Balchunas revealed Friday that the product has been…
US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak.Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday.Despite the outflows, Ethereum ETFs extended their weekly inflow streak to three straight and have attracted $337.74 million in net inflows so far in July.Spot crypto ETF flows have become one of the market’s most closely watched gauges of demand for Bitcoin (BTC) and Ether (ETH) through traditional…