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The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole
3.2.2022
The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The team offered the hacker a USD 10m bounty if they return the funds.
In their latest update (12:41 AM UTC), Wormhole...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
2.2.2022
Bitcoin and altcoins took an unexpected dip today, signalling that even with $40,000 in sight, the overall sentiment remains negative
Solana Pay Ushers in New Payments Era
2.2.2022
Solana has released a new blog that illustrates its vision for a new and improved payment system for digital currencies. The blog post brings an anecdotal depiction of how the system would bring a mutually beneficial environment. The system would adopt the means currently used by fiat money...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
1.2.2022
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects...
MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News
1.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News
Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance
1.2.2022
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks...
Solana Pay launches to expand crypto e-commerce market
1.2.2022
The platform is working alongside popular payments firm Circle to support the adoption of USDC, among other assets, throughout the traditional markets
Flint Launches High Annual Crypto Returns On Solana Without the Volatility
1.2.2022
Passive crypto investment gateway Flint will enter its beta stage to let anyone easily access passive returns on their stablecoins. Returns can be as high as 13% per annum, and there are no specific time requirements for locking up funds. Passive income is a dream for many cryptocurrency...
Coin Race: Top Winners/Losers of January
1.2.2022
The first month of 2022 is behind us, and as in nature so in the crypto markets – it was cold.
The month of December 2021 saw mostly lower prices for major cryptoassets. For example, bitcoin (BTC) and ethereum (ETH) both went down by close to 20%, which spelled absolute failure of many of...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
1.2.2022
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109...
TVL, network outages, or derivatives: What's behind Solana's (SOL) 60%+ drop?
31.1.2022
SOL price is more than 60% away from its all-time high and data shows that it's not the network outages but the loss of territory to competing chains driving the correction
Price analysis 1/31: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
31.1.2022
BTC and altcoins are attempting to end January on a positive note by overcoming overhead resistance levels as Bitcoin aims to flip $40,000 back to support
Bottom ahead? Solana paints its first 'death cross' as SOL losses 50% in January
31.1.2022
Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms
Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
31.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
Solana ecosystem wallet Phantom raises $109M
31.1.2022
Phantom, the cross-platform Solana wallet built for DeFi and NFTs, achieved unicorn status after attaining a $1.2 billion valuation
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Technical Analysis: Flow Climbs Close to 30% to Enter Top 50
29.1.2022
Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board...
2021 Was ‘Busiest Year by Far’ for Bitcoin IRAs, Interest in Ethereum & Altcoins Grows
29.1.2022
With crypto gaining prominence as a mainstream investment vehicle, retirement savings in the form of IRA accounts holding digital assets is on the rise in the US. And according to industry insiders Cryptonews.com spoke with, companies offering crypto IRAs had their best year ever in 2021...
Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders
28.1.2022
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically...