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Biggest Movers: SOL up 22% as ADA Hits Highest Point Since November


Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX collapse. Cardano also moved higher to start the week, climbing by nearly 13%. Solana (SOL) Solana...

The DOJ Seizes $500M of Robinhood Shares Tied to Bankman-Fried


The US Department of Justice has retained control of the contested 56 million shares of Robinhood, a popular financial trading app, worth approximately $500 million.  In a January 6 court filing, the DOJ notified the court handling the bankruptcy of BlockFi that it has seized 55,273,469 shares...

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes


The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate...

Ethereum fails to make any impressive move in 2023 so far!


Ethereum was officially launched on July 30, 2015, with the release of its first live mainnet, Frontier. Since then, it has grown to become one of the largest and most widely used blockchain platforms, with a global network of users and developers. Ethereum allows developers to build and deploy...

North Korean Crypto Hacks to ‘Surge’ This Year, Say Experts


A “surge” in North Korean crypto hacks is on its way in 2023, a security provider has claimed. The South Korean media outlet Money S reported that Panda Security, a Spanish cybersecurity software firm, predicted a “surge in fraudulent activities” and attempts to “steal virtual assets” in the year...

Leonicorn Swap divulges future plan of action post exploit


It was the day when Leonicorn Swap happened to have launched its reward-sharing model. On the same day, an apparent hacker somehow managed to gain access and took away all of the tokens contained in their den or their reward pool.  This included 360 million $LEON, equivalent to approximately 22,000...

RPC endpoints run by Solana Foundation go offline


Solana Status sent out a tweet to let people know that RPC endpoints run by the Solana Foundation aren’t working right now because a bug was found in the test release 1.14. Members have been asked to switch to the 1.13 test release until the team does the repairs. Unlike earlier times, block...

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