Jito hits $1.75B revenue milestone, but what does this mean for its price rally?
Market activity across the Jito network has accelerated significantly of late.
The protocol has generated $1.75 billion in gross revenue, making it one of the strongest-performing projects in the Solana ecosystem. Most of that…
MemeCore Crashes 76% as MIM Breaks Peg to $0.50
Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply.
It’s been a difficult 24 hours for…
ZachXBT Warns AscendEX Users of Potential Liquidity Issues and Delayed Withdrawals
On-chain analysis reportedly found limited holdings of major assets, raising concerns about the exchange's liquidity.
ZachXBT says AscendEX users are experiencing…
Base Resumes Block Production After 2-Hour Outage
Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.Base posted to X on Thursday after the outage that the…
BlackRock Sends $217M in Bitcoin and Ethereum to Coinbase Prime
TLDR
BlackRock transferred 3,410 BTC and 5,132 ETH to Coinbase Prime.
The combined value of the transfers reached approximately $217 million.
Bitcoin transfers accounted for about $209.64 million of the total value.
Ethereum…
Examining if STABLE’s uptrend is sustainable after its latest 5% price hike
While the broader crypto market has shown significant weakness, STABLE has consistently held up. As the market crashed on 24th June, STABLE defended the $0.33-support and climbed to a local high of $0.365.
At the time of writing, STABLE…
South Korean Authorities Fine Bithumb $136K over Sharing User Information Overseas
South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country's Personal…
Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?
For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive…
Base Network Stalls After Invalid Block Freezes Sequencer
Key TakeawaysBase mainnet block production stalled for nearly 2 hours on June 25 after block #47,806,542 caused a consensus failure.Coinbase’s Base team confirmed all funds are safe, with sequencing restored by 17:51 UTC and monitoring…
Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs
Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether…