Solana (SOL) has secured the 5th position with a market cap of $61.24 billion. Solana’s price has climbed over 6100% in the past five months, from $20.03 to $142.06. Solana (SOL) has made significant strides in the cryptocurrency market, surging over 7% in the past 24 hours. With a market cap of $61.24 billion, Solana […]

TL;DR Wormhole, a leading cross-chain bridging service, is planning to release a W token and distribute 617 million tokens (6% of the total supply) to past users. The W token will be introduced natively on both the Solana and Ethereum networks. The specific launch date is yet to be disclosed. Close to 400,000 distinct wallets from the “community and […]

TL;DR BlockFi has reached a preliminary agreement to settle its dispute with FTX and Alameda Research. According to the agreement, the lending company will receive up to $874.5 million in compensation, with $185.2 million coming from FTX and $689.3 million from Alameda Research. Additionally, $250 million will be secured with collateral. This agreement reflects a […]

The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.Source: CoinDesk The post Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets appeared first on Crypto Breaking News.

PRESS RELEASE. LBank Labs, a prominent blockchain venture fund, has invested in Versatus, the Universal dApp Engine, to address one of the most critical roadblocks in realizing Web3’s immense promise – the developer shortage. Despite over 27 million developers worldwide, less than 0.1% build for Web3. And out of those few, most leave within a […]

Pantera Capital, the $5.2 billion crypto-focused asset manager, is raising money from large investors to buy deeply discounted Solana tokens from the estate of bankrupt digital-asset exchange FTX.Source: Bloomberg Crypto The post Pantera Raising Funds to Buy Big Solana Holding From FTX Estate appeared first on Crypto Breaking News.

Project Ensemble will “seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money,” HKMA said.Source: CoinDesk The post Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market appeared first on Crypto Breaking News.

The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the crypto trading platform Transak, has argued. Start added that the entrance of tradfi institutions into this market is likely […]

Bitcoin prices retraced over 22% back in April 2021, when daily miner revenue reached its all-time high of $77.3 million. Bitcoin miner revenue recorded its second-best day in history on March 6, a day after Bitcoin (BTC) price hit a new all-time high above $69,200. Daily Bitcoin miner revenue reached $75.9 million on March 6, […]

Delve into the realm of women in crypto and blockchain, contrasting their roles and opportunities with traditional industries. The cryptocurrency world has seen exponential growth in the last decade, with technological innovation being a driving factor for transformation and disruption in the sector. In this evolving landscape of blockchain and cryptocurrency, acknowledging and fostering gender […]