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Search Results for: sol

California-based Solana (SOL) Investor Files Lawsuit Against Solana Labs

Misleading SOL’s circulating supply has been alleged by Young. According to the primary plaintiff, Mark Young, SOL tokens are unregistered securities. A class-action lawsuit has been filed against Solana Labs, the non-profit corporation behind the Solana blockchain. According to California resident Mark Young, the action names Solana Labs, the Solana

July 8, 2022 2 mins read

1 Billion Chinese Resident’s Data Being Sold For 10 Bitcoins by Hacker

According to current figures, the asking sum totals $202,806. Claims have been made that the Shanghai National Police database was hacked. An unidentified hacker allegedly took approximately 23 terabytes of data of one billion Chinese residents from a Shanghai police database. According to experts, this would be one of the

July 6, 2022 2 mins read

Russia Plans Allowing Mining If Mined Crypto Sold Abroad

According to Pronin, the CBR would not be responsible for mining. According to the governor, Russia should not allow exchanges of digital currencies. Crypto mining has been approved by the Moscow Monetary Authority, but only if Russian miners sell the currencies, they produce outside the nation, according to Kirill Pronin,

July 4, 2022 1 min read

Bitcoin Price Enters Consolidation Phase, Positive Outcome Likely

The bullish divergence provides further support for the reversal idea. The ADX slope didn’t react strongly enough to this week’s colossal sell-off. According to a well-known quant analyst, monitoring the activity of ancient Bitcoin (BTC) whales since the investment group might lead to a shortage of supply for the cryptocurrency’s

July 3, 2022 2 mins read

BlockFi Was Being Sold to FTX But CEO Zac Prince Refused

BlockFi CEO Zac Prince, 100% confirms that the firm is being sold to FTX. This year, Bankman-Fried paid $648.3 million for a 7.6% stake in Robinhood. BlockFi, a leading cryptocurrency lending platform CEO Zac Prince disputes the reports that the firm has sold for $25 million, BlockFi previous value was

July 1, 2022 2 mins read

Uzbekistan Sets Strict Guidelines for Crypto Mining With Solar Power Mandate

Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies were given legal standing. According to The National Agency of Prospective Projects (NAPP), the Uzbekistan government expects a lot from cryptocurrency mining companies. Only firms who mine Bitcoin (BTC) or

June 29, 2022 2 mins read

Gensler’s New Collaboration Initiative to Crypto’s One Point Solution

Gary Gensler, the 33rd Chair of the US Exchanges and Securities Commission(SEC), has made proposals to collaborate with other government agencies like Commodity Futures Trading Commission(CFTC). This step is supposed to be taken for overseeing the regulation of digital assets. Gensler in an interview expressed his opinion that all the

June 27, 2022 2 mins read

Coinbase Diversifies Options with Polygon and Solana

Coinbase exchange launches the first crypto derivatives product that Nano Bitcoin features (BIT) on June 27. The worldwide volume of the crypto derivatives market is $3T. On Thursday, Coinbase American-based crypto exchange platform announced that it will allow users to send and receive cryptocurrency on a multiple-networks, starting with Polygon

June 24, 2022 2 mins read

Solana New Product Challenges Smartphone Manufacturers

Solana is developing a new web3-friendly mobile and released Solana Mobile Stack. Saga – SMS includes seed vault, Solana Pay, and dapp store for the android platform. The web 3 adoption and crypto inclusion has been enormous in the past decade. The spread of digital assets and virtual currency acceptance

June 24, 2022 2 mins read

Solana NFT Marketplace Magic Eden Secures $130M in Series B Investment

Magic Eden, created in September, was valued at $1.6 billion after the Series B round. Just three months ago, Magic Eden had announced a $27 million Series A round. NFT marketplace Magic Eden, which now controls the great bulk of the Solana market, is preparing for growth. The firm revealed

June 21, 2022 2 mins read