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Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors. AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest. The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy. Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche […]

The post Grayscale launches investment fund for AVAX Token, fueling market surge appeared first on CoinJournal.

Magic Eden launches ME token to enhance cross-chain trading and DApp growth. ME token will drive expansion across multiple blockchains and incentivize trading. Magic Eden has surpassed $6 billion in trading volume as it leads the NFT market. The Magic Eden Foundation has announced the launch of its new ME token, a pivotal development aimed […]

The post Magic Eden Foundation unveils ME token to enhance cross-chain trading appeared first on CoinJournal.

A Bitcoin fee bidding war erupted on Aug. 22 as Babylon debuted phase one of its native BTC staking offering. Early on Thursday, Aug. 22, the average Bitcoin (BTC) transaction fee was under $1. Closer to noon, users had to…

Philippine authorities conducted a predawn raid on a Chinese-run scam center in Manila on August 22, arresting nearly 100 individuals involved in crypto and romance scams. Philippine police raided a Chinese-run scam center in Manilla, Philippines, on August 22, arresting…

SaltLayer, a Bitcoin-powered restaking platform built on the Babylon staking protocol, has completed an $8 million pre-seed funding round. According to an announcement posted on X on Aug. 22, the Bitcoin (BTC) restaking platform received backing from several crypto-focused venture…