Total Value Locked (TVL) in the Solana ecosystem has increased recently, yet DEX volumes have dropped significantly. Given the importance of these numbers to a DeFi network’s health, the decline in DEX activity in Solana’s DeFi landscape has sparked some worry. SOL’s price had shown surprising resilience and recovered at
The cryptocurrency market was buzzing as the MKR token from Maker DAO took center stage, reaching a peak not seen since May 2022, a 16-month high. Further, as of today, September 27, MKR has continued to make a strong impression on investors, surging from its low point of $504 in
Former Obama administration employee Lauren Belive has been recruited by Ripple to lead the company’s public policy and government operations in the United States. Belive will take charge of the company’s efforts in Washington and elsewhere to promote crypto-friendly regulations for both consumers and companies. Before joining SoftBank Group International
Binance, a cryptocurrency exchange, has announced that it is once again available to customers in Belgium, after earlier difficulties caused by European Economic Area rules. Binance announced on September 25th, 2023, that it will begin offering its services in Belgium. After more than three months, the exchange has announced it
Toncoin (TON), a noteworthy Layer-1 blockchain, had emerged as a beacon in the middle of a bear market. The community took notice of its recent price increase after it announced its partnership with Telegram. The official collaboration of the TON network by Telegram was front and center on September 13
In the midst of recent turbulence within the cryptocurrency space, Chainlink, a leading Oracle services provider, continues to forge ahead with its mission to enhance cross-blockchain interoperability. On Monday, September 25, Chainlink unveiled a major milestone, announcing a total of 10 new integrations aimed at strengthening the connectivity between various
While major cryptocurrencies, including Bitcoin, grapple with a downtrend in the market, the low-cap altcoin Terra Luna Classic (LUNC) has jumped to life with a significant breakout of a descending channel pattern. The cryptocurrency has gained nearly 12% (from $0.00005667 to $0.00006372) in intraday trading, and this unexpected surge has
The Open Network’s native cryptocurrency, TON, has risen to the tenth spot in market value, overtaking Tron (TRX). This follows TON’s recent surge, which has sent the token up more than 24% in the last 7 days, as measured by statistics from CMC. The debut of Telegram’s TON blockchain-based self-custodial
A measure to prevent efforts to establish a CBDC in the United States has been approved by a House committee. Concerns about impeding development and U.S. competitiveness in the international financial sector were at the forefront of the arguments that the contentious decision sparked on Capitol Hill. The committee, which
Co-founder of Solana Anatoly Yakovenko talks about how the United States is discouraging innovation in Web3 by imposing too many regulations on the sector. As per the co-founder, blockchain technology presents a significant opportunity for several developers keen in developing Web3. However, problems arose due to murky regulations. In addition, he thinks that the
