Solana’s New Crypto Phone Chapter 2 Causes Frenzy with 60,000 Preorders
Chapter 2 aims to offer an accessible entry point for crypto-curious consumers to experience holding assets on their phone via decentralized apps.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Chapter 2 aims to offer an accessible entry point for crypto-curious consumers to experience holding assets on their phone via decentralized apps.
Paolo Ardoino, Tether’s chief executive officer, emphasized that the company’s investment in Oobit reflects its dedication to embracing newcomers in the industry.
Global crypto assets flows turned positive after two weeks of outflows. Solana’s weekly inflows improved as Ethereum recorded more outflows.
Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses.
According to Stark, the FTX reorganization cost a little too much for something that was never going to be possible.
The motion to liquidate Genesis assets at Grayscale Investment has been supported by Gemini that is seeking to repay the affected Earn Program customers.
Despite the recent growth, Solana’s weekly volume is behind Ethereum’s 7-day DEX volume, with $5.518 billion compared to Ethereum’s $7.971 billion.
Several AI tokens recorded gains in 24 hours after the company posted good figures for the 2023 full year and Q4.
The closure of the OPNX cryptocurrency exchange does not have a detrimental impact on Bitcoin (BTC) and Ethereum (ETH) prices.
JPMorgan’s report suggests that stablecoin issuers adhering closely to existing regulations stand to benefit from impending regulatory scrutiny.
The US government is finally resolving the FTX hack as it files charge against three people involve in the phone swap hack.
After launching a digital assets custody platform for crypto last year, DZ has announced a new crypto project, this time for individual investors. It is due to be rolled out later this year.
Celsius said it will initiate a controlled wind-down of operations by February 28, 2024. The crypto lender will discontinue its mobile and web applications.
Although the road ahead appears difficult for FTX customers seeking reimbursement, the exchange assures them that asset liquidation will eventually make them whole.
Tether reported an excess equity of $5.4 billion and cash equivalent cover of 90% of all issued tokens during the fourth quarter of 2023.