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Cryptocurrencies that the U.S. Securities and Exchanges Commission (SEC) deemed unregistered securities in last month's lawsuits against Coinbase and Binance have posted double-digit percentage gains on the news of a favorable court ruling regarding Ripple's XRP. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cardinal protocol, the Solana-based project that aimed to enhance the utility of non-fungible tokens (NFTs), is ceasing its operations due to economic conditions. Approximately a year after successfully raising $4.4 million in funding, the project has announced
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Solana's Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should be made by August 26. Cardinal Labs was an infrastructure provider dedicated to supporting NFT use cases on the
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Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company
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Solana's crypto smartphone, called Saga, represents a bet on mobile as the future of crypto adoption. Source
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According to reports, the head of finance at Solana network was scammed for about $50 USDC. Scam problems are increasingly heightening within the blockchain bounds, capturing even the ‘best traders.’ Incoming reports indicate that the head of finance of Solana was just scammed. First release, as the concerned parties did not comment
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After what seemed like an eternity, Anatoly Yakovenko, co-founder of Solana Labs, and Vitalik Buterin, co-founder of ethereum, have picked up where they left off in discussing bridge security. Yakovenko Bridge claims to have pondered the issue for a year until he may have stumbled onto the answer. .@VitalikButerin, I've been noodling on
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Arbitrageurs are eating up precious blockspace with pointless transactions, according to Jito Labs. Source
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BTC’s current reading is its highest reading since January 2021. Since 2018, BTC’s RSI has been higher than 84 just 25 times. This isn’t to say that an asset can’t stay overbought for extended periods. The 91 RSI level reached on Jan 8, 2021, was followed by a 15% increase
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The collections are two of the buzziest in the Solana NFT market, with DeGods commanding a 515 SOL (around $5,750) floor price at the time of writing, the largest in the ecosystem. Y00ts, DeGod’s sister PFP collection that was released this fall, has a 148 SOL (around $1,660) floor. Source
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