Over $372 Million in Solana (SOL) Transferred Amidst Market Downturn
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....
Tag : Crypto
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...
Cardano Chang Hard Fork Sparks Global Interest and Expectations
by Fernando
TL;DR Confirmation of the Chang Hard Fork on the Cardano network. Expectations of a significant potential increase in the price of ADA. Dan Gambardello highlights...
Constellation Network (DAG) Surges as US Air Force Adopts Blockchain
by Fernando
TL;DR The US Air Force uses Constellation Network’s blockchain technology for secure data sharing. The Iron SP project facilitates the secure exchange of information between...
Crypto Community on High Alert After Tether CEO Warns of Email Service Compromise
TL;DR Paolo Ardoino, CEO of Tether. Warned of a potential compromise in the email service of a provider used by crypto companies. Phishing attacks targeting...