Solana Fees Hit Six-Month Low Amid Decline in Pump.fun Popularity
TL;DR Fees generated by the Solana network have fallen to a six-month low, reaching 3,800 SOL on August 31, with a slight recovery to 4,000...
Author : Guido Battigelli
Binance Publishes 22nd Proof of Reserves Report: BTC and ETH Down, USDT Up
TL;DR Binance releases its 22nd proof of reserves report, showing the management of user assets as of September 1, 2024. Bitcoin and Ethereum reserves have...
ZachXBT Analyzes Block Explorers: The Good, the Okay, and the Worst
TL;DR ZachXBT criticized the quality of several block explorers, noting that many need a complete overhaul. Bitcoin explorers like Blockchair, Mempool, and WalletExplorer were rated...
ApeCoin Launches BluePrint to Boost Bored Ape Community
TL;DR ApeCoin launches BluePrint, a set of initiatives to boost the Bored Ape community ahead of the ApeChain launch. Integration with Arbitrum Stylus and Reboot...
PancakeSwap Burns 9.17 Million CAKE Tokens as Part of Deflationary Strategy
TL;DR PancakeSwap burned 9.17 million CAKE, reducing its supply by $15 million to control its circulation and maintain deflationary pressure. The burn included tokens collected...
Elon Musk Confirms Tesla’s Return to Dogecoin Payments,
TL;DR Elon Musk confirms that Tesla will reintroduce Dogecoin ($DOGE) as a payment method for its products, generating excitement in the crypto community. Dogecoin, created...
Anonymous Investor Withdraws Nearly $500 Million in Bitcoin from Coinbase: Market Speculates on Next Moves
TL;DR An anonymous investor withdrew nearly $500 million in Bitcoin from Coinbase, distributing the funds across 50 transactions of 157 BTC each. There is speculation...
Magic Eden Launches ‘Mint Terminal’ to Compete with NFT Giants
TL;DR Magic Eden launched “Mint Terminal,” a minting platform. Designed to compete with other platforms like Pumpfun, offering a faster and more accessible experience for...
SOON Raises Builder-Exclusive Funds to Boost Scalability and Efficiency
TL;DR SOON has raised funds in a “CoBuilder” round with no participation from venture capital firms. The funds will be used to develop Stack and...
Bitcoin Centralization: Two Mining Pools Control 57% of Hashrate
TL;DR Foundry USA and AntPool control 57% of Bitcoin’s hashrate, raising concerns about centralization. The concentration of power in a few pools increases the risk...
