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The Solana transaction delays on Coinbase have triggered an apology from Brian Armstrong. The CEO promised the platform would boost its infrastructure to handle more user load. The community remains skeptical, despite the current SOL transaction backlog being cleared. Coinbase CEO Affirms the Solana Problem We have the Solana backlog triaged, and transactions should generate…
The cryptocurrency market witnessed a brutal sell-off, erasing over $840 million in leveraged positions. HTX recorded the largest single liquidation order, closing a massive BTC-USDT position worth $98.46 million amid the market downturn. The coming months will be critical in determining whether Trump’s crypto-friendly stance translates into a regulatory environment that fuels innovation or further…
AVSs can now assign rewards to operators based on performance or specific rules for more precise compensation. Operators have the ability to set their own compensation rates, encouraging greater participation and customized partnerships. Rewards v2 is the first upgrade under the EigenLayer Improvement Proposal (ELIP) using the new EigenGov process. EigenLayer has officially its Rewards…
Monero (XMR) has exited a two-year consolidation range between $100 and $200. The token gained 4% in the last 24 hours, currently trading at $214. Analysts project Monero could surpass $300 by year-end, despite ongoing regulatory hurdles. Monero , the flagship privacy-focused cryptocurrency, has surged out of a prolonged basing pattern, suggesting the token is…
ABN AMRO, in partnership with 21X, has successfully completed a blockchain-based pilot that tested tokenized securities on Ethereum. The trial demonstrated Ethereum’s capacity for improving financial systems by reducing settlement times and eliminating costly intermediaries. The tokenized securities were settled using stablecoins, illustrating the practicality of blockchain for financial markets. . In a bid to…
BoJ raised interest rates to 0.5% after 17 years, driven by 3.6% CPI, exceeding 3.4% expectations. Bitcoin and major altcoins gained 3-6%, with Bitcoin at $105,108 and Ethereum at $3,394. Altseason Index above 53, investors expect 500% surge in altcoins, with potential $6.48 trillion market cap. For the first time in 17 years, the Bank…
Trump-associated platforms like GetTrumpWatches.com are allowing customers to pay with the TRUMP tokens and Bitcoin. In order to check out using the TRUMP meme coin, the customers have to choose the “Solana Pay” option. The meme coin is priced at $28.03 with a trading volume of $2.64 billion and a valuation of $5.6 billion. ,…
Phantom experienced delays due to a significant spike in user activity, processing millions of requests. Despite the congestion, Phantom handled $1.25 billion in volume and 10 million transactions in one day. Jupiter also faced high traffic, issuing an apology and working to restore service. Phantom, a self-custodial crypto wallet that allows users to buy, store,…
Mode has unveiled an AI-powered price prediction tool named Synth. The Layer-2 protocol runs Synth on the decentralized Bittensor network. Synth, as revealed is useful in numerous use cases for traders. What Makes Synth Unique? What Problems Does Synth Solve?
Industry giants demonstrate unprecedented financial commitment, with Coinbase pledging $100M total and a16z contributing $70M across election cycles. Crypto PACs have transformed from industry outsiders to major political players, accounting for half of all corporate political donations. Strategic partnerships with former politicians and campaign managers signal deepening integration of crypto influence in Washington’s power structure….