Saga Mobile Launches Solana Validator, Strengthening Its Leadership in Mobile and Web3
TL;DR Saga Mobile launches a validator on the Solana network in collaboration with Phase Labs and the Solana Foundation. The initiative seeks to strengthen the...
blockchain
Market Bets $11 Million on Fed Rate Cut for September 2024
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
DeFi Protocols Face Nearly 25% Drop in Fees
TL;DR In August 2024, DeFi protocol fees fell by 24.4%, totaling $288 million. The decrease is attributed to lower user activity, increasing competition among protocols,...
Vitalik Buterin Proposes Blockchain-Based Hybrid Model for Future Cities
TL;DR Vitalik Buterin suggests a hybrid model for the development of future cities that combines principles of democracy, capitalism and decentralization. It proposes that citizens...
Charles Hoskinson Plans to Launch a Decentralized Social Network to Defend Free Speech
TL;DR Cardano founder Charles Hoskinson plans to launch a decentralized social network to promote freedom of expression. The network will use blockchain technology to avoid...
Spot Bitcoin ETFs Record Third Day of Net Outflows
TL;DR Bitcoin spot ETFs recorded a net outflow of $71.73 million on August 29. BlackRock’s IBIT experienced its first net outflow since May. Total trading...
Ripple Faces New Criticism Over XRP Holdings: CTO Responds to Allegations
TL;DR The XRP community has raised questions about Ripple’s management of XRP, accusing its leaders of seeking personal gain by reducing holdings. Ripple CTO David...
Ethereum ETFs End Nine-Day Outflow Streak
TL;DR Ethereum spot ETFs have recorded a net inflow of $5.8 million, ending a nine-day streak of net outflows. BlackRock’s ETHA ETF leads the inflows...
Jupiter DEX Integrates Pump.fun and Moonshot, Optimizing Access to Meme Tokens on Solana
TL;DR Jupiter DEX has integrated the Pump.fun and Moonshot platforms, allowing for the instant purchase of new meme tokens on Solana. The new spot market...
Trump’s Fourth NFT Collection Raises Over $2 Million
TL;DR Donald Trump launched his fourth NFT collection, “Series 4: The America First Collection,” on August 27, 2024. The collection has generated more than $2.17...