Canary Capital Files for Spot Solana ETF Amid Regulatory Challenges
TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment opportunities...
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Kraken Cuts 15% of Workforce and Appoints New Co-CEO Amid Restructuring
TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile in...
Ika Launches Its Multiparty Computing Network on the Sui Blockchain
TL;DR Ika has launched its multiparty computing (MPC) network on the Sui blockchain, improving interoperability and the security of digital assets. The MPC network is...
Cardano (ADA) Price Prediction: Analysts Forecast Potential Surge to $6
TL;DR Analysts predict Cardano (ADA) could hit $6, driven by positive ecosystem developments and strategic partnerships. Despite recent market challenges, Cardano’s innovative technology and alliances...
Alert! $600,000 Stolen in Truth Terminal Crypto Scam
TL;DRa Hacker exploited Truth Terminal founder Andy Ayrey’s X account to promote a fraudulent token. The token reached a market cap of over $25 million...
Government Crypto Wallet Hacked: $20 Million Stolen
TL;DR A hacker compromised an address linked to the US government and stole $20 million in cryptocurrency. The stolen assets include USDC, USDT, aUSDC and...
TeraWulf Inc. Announces $350 Million Convertible Notes Offering
TL;DR $350 Million Convertible Notes Offering: TeraWulf Inc. is proposing a private offering of $350 million in convertible senior notes due 2030 to enhance financial flexibility...
Vitalik Buterin: Crypto’s ‘Baptisms of Fire’ Will Drive Future Growth
TL;DR Vitalik Buterin highlights the importance of crises in the crypto industry for its growth. The collapse of FTX and other investment funds exposed the...
Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users
TL;DR Seamless Integration: Venmo’s partnership with MoonPay allows its 60 million users to buy cryptocurrencies directly through their Venmo accounts, simplifying the process without needing...
Ether Faces Seven-Month Decline Amid Intensified Layer-1 Competition
TL;DR The price of Ether has fallen by 36% over the past seven months due to competition between layer 1 (L1) blockchains. Solana stands out...