Stani Kulechov Seeks $50M for Lens Protocol at $500M Valuation
TL;DR Stani Kulechov seeks $50 million for Lens Protocol under Avara, valuing it at $500 million. The funding aims to strengthen Lens Network, a social...
Tag : Crypto
ETH Price Outlook: Analysts Bullish on Potential Surge to $5,000 by 2024
by Fernando
TL;DR Ethereum (ETH) is expected to reach $5,000 by the end of 2024. Whale accumulation of ETH and support at $3,500 drive optimism. Technical indicators...
Whale Withdraws Millions in ONDO and Jasmy Coin, Stirring Market Speculation
TL;DR A major investor has withdrawn millions in ONDO and Jasmy Coin (JASMY) tokens from Coinbase, causing market movements. The whale, supposedly linked to eToro,...
Over $372 Million in Solana (SOL) Transferred Amidst Market Downturn
by Fernando
TL;DR Transfer of over $372 million in Solana (SOL). Two major transactions reported by Whale Alert. Bearish market context and decline in SOL trading volume....
Terraform Labs Ceases Operations After SEC Agreement: Impact and Community Governance Shift
TL;DR Terraform Labs decides to cease operations following a multi-million dollar agreement with the SEC, involving a $4.47 billion payment and restrictions for the company...
Paxos Cuts 20% of Workforce, Shifts Focus to Tokenization and Stablecoins
by Fernando
TL;DR Paxos lays off 20% of its staff, approximately 65 employees. The company will focus on tokenization and stablecoins. Paxos has a strong financial position...
Solana Witnesses Surge in Restaking Activity Amid Growing Confidence in Validators
TL;DR Solana is experiencing a significant increase in restaking activity, with over 2.239 million $SOL tokens reinvested in validator v1.18.15. Validators play a crucial role...
Bitcoin Dominance: Insights into the Market Landscape
by Fernando
TL;DR Bitcoin’s dominance in the cryptocurrency market has increased to 55.44%. This increase represents a rise of 0.25 percentage points in Bitcoin’s position. Bitcoin’s consolidation...