Sam Bankman-Fried, once lauded as the golden boy of cryptocurrency, faces the harsh consequences of his actions. The former CEO of the collapsed crypto exchange, FTX (commonly known as SBF), recently requested a lenient sentence of five and a quarter to six and a half years in prison. This follows his conviction in November 2023 […]
FTX Fallout: SBF Awaits Sentence, Crypto Reevaluates Read More »
Solana (SOL) is approaching the $100 mark, driven by a sustained meme coin craze and its efficient blockchain capabilities. The rally, now in its third week, has seen the value locked in Solana applications skyrocket to $1.3 billion, a significant leap from the $400 million recorded in November and matching the highs of July 2022.
Solana Nears $100 as Meme Coin Frenzy Fuels Rally Read More »
The Jito Foundation, known for supporting the Solana-based liquid staking protocol, is set to introduce a new governance token. This token is aimed at enhancing the management and development of the Solana-based Jito Network. The launch of the governance token, named JTO, marks a significant step for the Jito Foundation. It is designed to give
Jito Foundation Introduces Governance Token for Enhanced Solana Network Management Read More »
The aftermath of FTX’s collapse has left ripples in the cryptocurrency market, with Solana (SOL) emerging as a focal point of discussion. Recent data from Nansen and Kaiko offers contrasting views on Solana’s performance and its future trajectory. Nansen’s Positive Outlook Nansen’s on-chain data analysis indicates that despite the challenges faced by FTX, Solana has
Solana’s Resilience Amid FTX’s Collapse: A Dual Perspective Read More »
The cryptocurrency market has witnessed inflows into investment products for the third consecutive week, albeit at a reduced pace. From October 7 to October 13, the inflow amounted to $15.2 million, a significant drop from the previous week’s $78.4 million. CoinShares analysts highlighted that this figure is 27% below the average for 2023. They pointed
Crypto Fund Inflows Persist Despite Slowing Momentum Read More »
FTX’s Token Liquidation Unlikely to Cause Market Turmoil, Says Coinbase Report A recent research report from Coinbase suggests that the sale of cryptocurrency tokens by the bankrupt exchange FTX will not lead to a significant market disturbance. This assertion is based on multiple factors, including the volume limits imposed on liquidations and other regulatory checks.
FTX Crypto Liquidation Impacts Mitigated by Coinbase Analyst Read More »
Magic Eden, a leading marketplace for Nonfungible Tokens (NFTs), has announced its decision to support Solana’s compressed NFTs (cNFTs). This move promises to deliver a more scalable and cost-effective avenue for creators and collectors in the burgeoning world of digital assets. What are cNFTs? Compressed NFTs or cNFTs differ fundamentally from conventional Solana-based NFTs in
Magic Eden to Support Solana Compressed NFTs Read More »
“We are building MetaMask Snaps as an open platform for innovation and we do not charge developers for publishing Snaps to this platform,” said Christian Montoya, product lead for MetaMask Snaps. “We believe that permissionless innovation is a cornerstone of a decentralized system — no gatekeepers.” MetaMask Team MetaMask’s Snaps initiative signals a significant evolution
MetaMask’s Non EVM Ecosystem Expansion with Snaps Launch Read More »
Bitcoin (BTC) $ 113,575.00 1.67%
Ethereum (ETH) $ 4,211.59 1.92%
XRP (XRP) $ 2.89 4.1%
Tether (USDT) $ 0.999865 0.05%
BNB (BNB) $ 831.39 1.58%
Solana (SOL) $ 180.92 0.42%
USDC (USDC) $ 0.999798 0%
Lido Staked Ether (STETH) $ 4,202.38 1.91%
TRON (TRX) $ 0.350613 0.07%
Dogecoin (DOGE) $ 0.214694 2.22%