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Solana’s 4th Position at Risk, Will XRP Beat SOL?
Solana (SOL), the world’s fourth-largest cryptocurrency by market cap, is poised to lose its position to Ripple’s native token, XRP. In recent days, SOL appears to be consolidating, while during the same period, XRP has soared nearly 95%,…
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Uniswap’s L2 Activity Hits Historic High of $38 Billion in November
Leading DEX platform, Uniswap notched a new record in terms of monthly trading volume on Ethereum Layer 2 solutions, as DeFi users flocked back to the platform in droves.
Data compiled from Dune Analytics shows that Uniswap…
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Users Continue To Experience Delayed Sends And Receives For SOL; Coinbase Investigating The Issue
As users continue to experience delayed sends and receives for SOL, Coinbase has acknowledged that it is aware of users facing delays. Users have taken to X to express their frustration that there have been delays for about 36 hours now…
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Phantom Issues Emergency Update After iOS App Locks Users Out of Wallets
Phantom, a Solana-based decentralized finance (DeFi) wallet, has issued an urgent update for its iOS app. This follows reports that a bug unexpectedly logged some users out of their accounts.
The glitch prevented several…
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Ethereum Open Interest Hits Record $22 Billion, ATH Incoming?
Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world’s second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this…
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Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain
Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain.
According to the official announcement, Sky said the launch positions USDS as “the first major…
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Solana-Based Algorithimc Stablecoin Plummets 99% After a $3.5M Flash Loan Exploit
Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack in the cryptocurrency space.
Data from blockchain security firm, PeckShield, revealed that the attacker managed to drain nearly…
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Avalanche-based Pangolin Dex set to make debut on Flare blockchain
Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize the underlying technology to reach…
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Solana said to be ‘more decentralized than people think,’ but there’s more
Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more…
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Crypto market cap climbs 15% in a week following Ethereum Merge date revelation
It has been a volatile yet positive week for cryptocurrencies, as traders ignored the warnings from crypto winter veterans that there was more downside in store and jumped back into the market at the first sign of rising prices. Evidence…
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