The move from different wallets to support SPL tokens suggests investors’ confidence and enthusiasm towards Solana products.
Before the $11 million exploit, Prisma Finance had around $220 million in total value locked (TVL) on the platform. However, the figure took a hit after the attack, bringing its TVL to just $115 million.
South Korea will begin a pilot test project of its CBDC to determine usability and functionality for programmed transactions.
One of the primary factors contributing to USDe’s rapid rise is its unique feature of generating yield for holders, a characteristic lacking in prominent stablecoins such as USDT and USDC.
Blockware Solutions analyst Mitchell Askew believes the upcoming Bitcoin halving event will turn out to be a buy-the-news event.
Spot Bitcoin exchange-traded funds have seen steady trading volumes in April after reaching a peak in early March, maintaining solid activity around $215 billion.
While the hackers were unsuccessful in their scheme, this is not the first time bad actors have hijacked celebrities’, important personalities’ and companies’ accounts on X to promote crypto scams.
Users went on a withdrawal spree that caused the total value locked (TVL) on Parcl to plummet to $112.1 million.
Bitcoin price recovered quickly after a dip to $61,500 following Fed Chairman Jerome Powell’s comments about keeping interest rates unchanged.
Memelandia will feature a real-time leaderboard ranking meme coin and community token projects based on metrics such as TVL, number of holders, DEX trading volume, and airdrop distribution.
Bybit CEO Ben Zhou attributes the current crypto bull market to institutional investors, with a 186% increase in institutional capital flows last year.
The decision to amend its protection programs for NFT transactions was quietly disclosed on March 21, 2024, through updates to PayPal’s policy documentation.
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
GBTC’s decline coincides with a recent downturn in the crypto market, resulting in Bitcoin price falling drastically.
According to Scaramucci, Bitcoin’s level of adoption must increase considerably before it is considered a store of value and inflation hedge.