Solana (SOL) has emerged as the epicenter of the latest market frenzy, drawing attention for its unprecedented growth in Non-Fungible Tokens (NFTs). The Solana blockchain ecosystem has experienced a remarkable surge, with a notable rise in the value of its native token, SOL. In a recent revelation, Solana NFTs witnessed
Leverages zk-SNARKs to bolster privacy and accuracy, releases code open source Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100
The cryptocurrency industry faces another major setback as Changpeng Zhao (CZ), the founder and CEO of Binance, has stepped down and pleaded guilty to breaking US anti-money laundering laws. Further, CZ agreed to the $4.3 billion settlement, which is one of the largest corporate penalties in US history, including a
Bullish Completes Strategic Acquisition to Accelerate CoinDesk’s Global Expansion and Growth of Media, Events and Indices Businesses NEW YORK–(BUSINESS WIRE)–Bullish, the fastest growing regulated, institutional digital assets exchange led by Tom Farley, announced today that it has acquired CoinDesk, the integrated media, events and index platform for the future of
Defunct crypto exchange FTX has submitted a petition to the Delaware bankruptcy court for the liquidation of trust assets held by Grayscale and Bitwise estimated to be worth $744 million. Statements from FTX and its debtors indicate that they expect this approach to facilitate preparation for payments to creditors in
Despite the recent price slump, Solana has shown incredible resiliency in continuing its upward trend. Recent on-chain statistics shows that the cryptocurrency ended October with a 61.58% rise. The overall crypto market has been trading in red lately with the price of Bitcoin down 3.17% in the last 24 hours,
VanEck, a prestigious asset management company, recently released research on Solana that has generated a lot of discussion. Solana’s SOL token was given an optimistic forecast in the research, with a price increase to a whopping $3,211.28 by 2030. The report also considers a future in which Solana becomes the
Ethereum (ETH) continues to tread a delicate path, facing resistance as it attempts to break free from a descending trendline that’s been in place since April, when it reached its yearly high of $2,141. After dipping to a low of $1,536 on October 13, ETH made a rebound, surging to
The U.S SEC filed charges against BlackRock Advisors, LLC today for failing to provide information about investments that make up a substantial component of a publicly listed fund it advises. A notification from the SEC was issued confirming this. The investments are focused mostly on the media and entertainment sector.
Users of the renowned non-custodial crypto wallet Jade, developed by the leading Bitcoin development firm Blockstream, have fallen victim to an assault in which they have been sent phishing emails. The Jade hardware wallet has been exploited, according to fraud warning letters that have been sent out to customers today,
