Solana Lender Drama Deepens: $250 Million Outflow After Founder Quits

Recently, Solana has once again made headlines due to disagreements between some projects built on its chain. Specifically, there have been conflicts between MarginFi, a Solana-based lending and borrowing protocol, Solend, another lending platform, and SolBlaze, a liquid staking solution. During the commotion, MarginFi’s chief executive officer and creator resigned following controversy over some questionable … Read more

Uniswap Labs Counters SEC Probe And UNI’s 30% Price Drop With New Cross-Chain ERC Standard

On Wednesday, the SEC served a Wells Notice to Uniswap Labs, the tech firm responsible for Uniswap’s decentralized exchange (DEX). A Wells Notice is a warning from the US Securities and Exchange Commission (SEC) that they are considering taking enforcement action. In the face of regulatory hurdles, Uniswap Labs collaborates with Across, a cross-chain methodology, … Read more

Dapper Labs Rocked By SEC’s Explosive Investigation In 2023: Revelations Exposed

According to a recent article in Fortune Magazine, it came to light that Dapper Labs, a well-known NFT company, had been under SEC investigation until September 2023. Based on an internal document from Fortune, it appears that the probe was unexpectedly wrapped up, with several matters remaining unexplained. Dapper Labs Investigation Terminated By SEC Chief … Read more

Bitcoin (BTC) Breaks $70,000: $80,000 Next? XRP Secures Crucial Support Level, Solana (SOL) Paints Strong Reversal Pattern

Bitcoin has recently reached a new milestone by going over $70,000. It looks promising as it may hit $80,000 next. The graph demonstrates a robust trend with the cost frequently staying above its 50-day average, which is approximately $65,000 at present. The current price hovers around $48,000, noticeably higher than the 200-day moving average, acting … Read more

Shiba Inu Hits Another Important Milestone Despite Market Struggles

The Shiba Inu network has reached an impressive new level with over four million unique wallet addresses now in use. This accomplishment was made despite cryptocurrency market instability and a series of significant price drops causing Shiba Inu‘s value to fall short of predictions. Shiba Inu Total Addresses Hit 4 Million With data fromIntoTheBlock revealing … Read more

Ripple CEO Lambasts Scammers as “Pathetic Lowlifes”: “We Are Fighting Back”

Recently on X social media platform, Brad Garlinghouse, the CEO of Ripple, expressed strong disapproval towards individuals falsely representing him with the intent to deceive social media users and carry out scams. The executive expresses his determination to counteract those attempting to misuse his identity for harmful purposes, whom he describes as lacking in moral … Read more