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The turbulence for Solana doesn't seem to be ending anytime soon, as the ecosystem finds itself entangled in a fresh wave of rumors involving alleged extortion by a project within its own network. Note: This article is based on rapid information circulating within the Twitter community. No verified
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The protracted two-year legal battle between the SEC and Ripple appears to be nearing its conclusion, with Ripple filing its final brief in the lawsuit against the U.S. regulatory body over the weekend. The high-profile cryptocurrency case involving the U.S. Securities and Exchange Commission (SEC) and Ripple is
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According to data from TokenUnlocks, the decentralized exchange 1inch is poised to see a significant unlock event, with $111 million worth of 1INCH tokens scheduled for release. On December 30, 227.2 million 1INCH tokens—nearly 15% of the total supply of 1.5 billion tokens—will be unlocked. This
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In last week’s analysis, we anticipated a more active trading week, and indeed, we saw several take-profit actions. Let’s review the trades from the past week and plan our trading strategy for the upcoming week. Review of Last Week's Trades Last week, I set up a
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Ethereum’s Ropsten testnet, a key experimental network for Ethereum, will officially retire at the end of December. Ethereum's Ropsten Testnet to Retire by End of December According to an announcement from the Ethereum development team, the complete shutdown of Ropsten’s infrastructure will be extended for two
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Ankr, a provider of node infrastructure for Proof-of-Stake blockchains, has fallen victim to a security breach, with hackers aggressively dumping BNB. Update - December 2nd, Evening: Following an assessment of the attack, Ankr has announced that the damage from the reckless minting of the aBNBc token amounts to approximately $5
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Following the return of DeFi pioneer Andre Cronje, Fantom seems to be regaining its momentum with a new and innovative proposal. According to a proposal made on December 1st, Fantom aims to implement a reward program for its dApp developers, optimized with network gas fees. 📢 New governance proposal: dApp Gas
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Ethereum founder Vitalik Buterin has expressed strong opposition to the speculation and hoarding of governance tokens. Vitalik Buterin Opposes Governance Token Speculation Originally, governance tokens were created to facilitate voting on community proposals, with the number of tokens held determining the voting power. However, Vitalik Buterin has voiced concerns that
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BitDAO, a decentralized autonomous organization with assets totaling $1.7 billion, has announced the launch of Mantle, a new layer-2 network for Ethereum. On the evening of November 30th, BitDAO, a DAO backed by the Bybit exchange, revealed the launch of Mantle, a layer-2 solution built on Ethereum. In our
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Serum (SRM), the once-popular DEX on Solana closely tied to Sam Bankman-Fried and the FTX exchange, has declared itself "no longer operational" following the FTX collapse and is advising users to migrate to alternative solutions. On November 29, Serum's official Twitter account, with over 215,000
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Review of Last Week's Trading Results Last week, we had two trading plans for Bitcoin and PEOPLE, but unfortunately, the price movements weren't sufficient to execute the plans. BTC continued to trade sideways with minimal fluctuations. As anticipated, the price action was mainly active in the
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In line with a common pattern observed in past attacks, the next step for the FTX hacker has been to use a decentralized protocol to "launder" the stolen funds. Specifically, the hacker is reported to have moved 360 BTC through the ChipMixer platform, as updated by on-chain investigator
