PayPal’s PYUSD Stablecoin Drops 30% as Solana DeFi Incentives Decline
TL;DR PayPal’s PYUSD stablecoin has seen its market cap drop by 30% over the past month. The drop is due to declining incentives in Solana’s...
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Bitcoin Behaves Like a ‘Risk-off’ Asset Rather Than a ‘Risk-on’ Asset
TL;DR Robbie Mitchnick, BlackRock’s head of digital assets, believes that Bitcoin should not be classified as a risk asset, despite its recent correlation with the...
Frankendancer: Solana’s Latest Upgrade Sparks 5% Surge in SOL
TL;DR Frankendancer Upgrade Launched: Solana’s new Frankendancer validator client, developed by Jump Crypto, has been successfully deployed on the mainnet, enhancing network performance and scalability....
Bitget Enters Multi-Million Dollar Partnership with La Liga
TL;DR Bitget Partners with La Liga: Bitget, a leading crypto exchange, has entered a multi-million dollar partnership with La Liga, aiming to integrate blockchain technology...
Solana Launches ZK Compression: 1000x Savings and New Technological Opportunities
TL;DR Solana launches ZK Compression on its Mainnet-Beta network. Offers 1000x cost savings for developers. ZK Compression also solves the problem of state growth on...
Sui Network’s TVL Hits Record High as SUI Token Surges 30%
TL;DR Sui Network’s TVL reached a record $810.5 million, up 283% year-to-date. The token’s price has risen more than 30% in the past week, trading...
Vana Secures $25M to Empower User-Owned Data and Break AI’s Data Barrier
TL;DR Vana has secured $25 million in total funding, including a $5 million strategic round led by Coinbase Ventures. The platform uses data DAOs to...
$2 Million in 15 Days: The Ethereum Trader Who Nailed Every Move
TL;DR One trader managed to turn 4,821 ETH into 5,690 ETH, earning $2 million in 15 days. He performed 6 swing trading operations with Ethereum,...
Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7 million...
Binance Announces Temporary Suspension of Sei Network Transactions for Major Upgrade
TL;DR Binance will suspend deposits and withdrawals of SEI and SEI EVM tokens on September 16, 2024. Token trading will continue uninterrupted during the upgrade....