The Solana community and the wider crypto ecosystem have recently been rocked by a surge in inflammatory memecoins, with names containing racist, antisemitic, and anti-China language. This trend has sparked outrage among members of the community, who have expressed their disdain for such offensive tokens. Solana founder and CEO Anatoly Yakovenko made a strong statement
Gains
In recent times, the price of Shiba Inu has been consolidating near $0.26, following its surge to multi-year highs earlier in the month. This consolidation has caused many investors to pivot towards the latest ICO known as Dogwifcat ($DWIFC) in search of potentially massive returns. With Shiba Inu boasting a market cap of $15.59 billion,
Super Sushi Samurai, a blockchain game on layer-2 solution Blast, recently experienced a significant exploit just hours before the launch of its highly anticipated gaming product. The exploit, supposedly carried out by a white hat hacker, resulted in a staggering $4.6 million loss due to a flaw in the smart contract code. This bug allowed
WisdomTree, a Bitcoin exchange-traded fund (ETF) issuer, has recently obtained regulatory approval from the New York State Department of Financial Services (DFS) to operate its digital asset business in the state. This approval comes in the form of a charter to operate as a limited-purpose trust company under the New York Banking Law, enabling the
The last few weeks have not been kind to Cardano (ADA) investors, as the price of the cryptocurrency has been stuck within a narrow range of $0.61 to $0.64. While other cryptocurrencies like Solana (SOL) and Avalanche (AVAX) have seen significant price gains, Cardano seems to have missed out on the party. This lackluster performance
The ongoing saga surrounding the extradition of Do Kwon, co-founder of Terraform Labs, has taken another twist with the Appellate Court of Montenegro confirming the decision to hand him over to South Korean authorities. This decision comes after a series of legal battles, including multiple appeals that had temporarily halted the extradition process. Previous Extradition
Bitcoin’s price experienced a rollercoaster ride in the past week, hitting a new all-time high of nearly $74,000 before plummeting by eight grand the next day. The market was in a state of uncertainty leading up to the latest FOMC meeting, causing Bitcoin to drop to a 2-week low of under $61,000. Following the FOMC
Cardano (ADA), currently positioned as the 9th largest cryptocurrency by market capitalization, has encountered a downward trend following the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the market leader, has led the way in price corrections for top cryptocurrencies. Despite ADA’s recent retracement of nearly 20% in the past week after reaching a 22-month
The US Securities and Exchange Commission (SEC) has recently postponed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), according to regulatory filings. Investment firms such as VanEck, Ark Invest, Hashdex, Grayscale, and Fidelity have all had their ETF proposals delayed. This has sparked discussions and speculation about the future of crypto ETFs
The recent surge in popularity of meme coins within the Solana ecosystem has brought about the emergence of Kermit (KERMIT) token. This new frog-themed token has experienced a rapid price increase of 600x within just 24 hours, capturing the attention of many traders and investors. The positive sentiment surrounding Kermit token can be attributed to