Solana (SOL) is back on track to its winning ways with significant price surges. The “Ethereum Killer” (tagged by themself) has soared over 125% since the start of 2023. Today, Solana is trading between the $22 and $23 price mark, which climbed about 2.5% in the last 24 hours and
What is DexCoyote DexCoyote.com, a decentralized launchpad delivering services like Initial Dex Offering (IDO), and achieving miracles in this decentralized environment. DexCoyote was registered as a legal entity in the state of Delaware. The platform allows users to create their own cryptocurrency token in several networks, for example, Binance Smart
Arbitrum’s upcoming ARB token airdrop appears to become a popular target for scammers. The community warns hundreds of Phishing scams targeted at tricking crypto users. On March 16, a post by Arbitrum’s official stated that the Airdrop will send out 10 billion governance tokens via token airdrop. It allows the
Due to insufficient investor interest, 21Shares, a crypto ETP issuer located in Switzerland, would allegedly shut down five of its funds and delist another. According to Arielle Pennington, the company’s head of global communications, the company will keep offering its other products, which are in high demand. Bloomberg reports that
The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date. Since the largest decentralized finance (DeFi) theft
The DAI stablecoin’s issuing body, MakerDAO, has voted in favor of increasing its allocation to existing US Treasury holdings. DAI’s stablecoin liquid backing is being diversified by exposure to real-world assets (RWAs). Such as an increase in investments in government treasury bonds. Last year, MakerDAO’s RWA strategy kicked off with
Recent sources indicated that the historic merger deal between Credit Suisse and UBS Group would be concluded as early as Saturday evening. The Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA, Switzerland’s central bank and financial regulator, reportedly saw this merger as their sole option to avert
In the aftermath of the Silicon Valley Bank (SVB) collapses on March 10, 186 banks were identified as being at risk, as per recent research. These banks are dealing with problems equivalent to those that led to Silicon Valley Bank’s demise. Federal Reserve’s rapid rate-hike campaign reducing the bank’s assets,
The sudden collapse in banks made a negative impact on the Stock market. The most active stocks like Dow Jones, S&P 500, and Russel 2000 index are facing a downfall in the market. At the same time, the crypto industry has been witnessing a bullish market after the great collapse.
The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to
