Crackdown on Malicious Validators In a decisive move to bolster Solana security, the Solana Foundation has ousted validators participating in sandwich attacks. These measures form a critical part of Solana’s campaign against scammers and hackers exploiting the SOL network. Guilty validators have been permanently removed from the program, underscoring the foundation’s zero-tolerance policy. Understanding Sandwich …
After this week’s meeting, Federal Reserve officials may suggest progress on inflation this year. The statement could be a prelude to eventual interest rate cuts. However, officials themselves may not be certain until their meeting begins. The government’s latest snapshot of U.S. inflation will be released Wednesday morning, just before the Fed starts the second …
Bitcoin Price Drop : FED, ETF Outflows and DXY Strength Read More »
In his recent predictions, Kiyosaki has forecasted that Bitcoin could reach $350,000 by the end of August 2024. He has also suggested that other cryptocurrencies, such as Ethereum (ETH) and Solana (SOL), may experience significant price increases. As of June 10, Bitcoin, Kiyosaki’s preferred asset, was trading at $69,255, showing modest gains over various periods. …
The Bitcoin DXY correlation has shown a significant impact on the cryptocurrency market. Recent market trends suggest that more downside action might be imminent. As the Dollar Index (DXY) continues to display its influence, the correlation between DXY and Bitcoin (BTC) has become increasingly evident. In the past few days, a short-term correction has been …
In May, RWA tokenization emerged as the leading crypto sector, surpassing major sectors like Ethereum (ETH) and Bitcoin (BTC) with a notable 58% performance. The surge was driven by significant developments and high-profile use cases that highlighted the increasing importance of RWA tokenization in the financial industry. We have already discussed the potential of this …
Friend.tech, a decentralized social media platform built on the Base network, announced the development of its own blockchain, Friendchain, in partnership with Conduit, a crypto-native infrastructure platform. The new blockchain will utilize $FRIEND, the platform’s native token, as its gas token. Friend.tech, which launched in August 2023, has quickly established itself as a significant player …
Friend.tech Unveils Friendchain, $FRIEND as Gas Token Read More »
Dogecoin (DOGE), the eighth-largest cryptocurrency, is witnessing a notable surge in whale activity. In the past 24 hours, the number of $1 million transactions has skyrocketed, indicating significant movement among large holders. Data from blockchain analytics platforms reveal that over 150 transactions, each exceeding $1 million, have been recorded during this period. This surge suggests …
Binance, the leading cryptocurrency exchange globally, has reinstated the option for users to purchase cryptocurrencies using Mastercard. According to a June 6 post on X, Binance has resumed enabling cryptocurrency transactions via bank transfers with Mastercard debit and credit cards to ensure “smooth transactions.” On Binance’s platform, users can now utilize Mastercard for crypto purchases, …
On June 5, U.S. chipmaker Nvidia briefly surpassed Apple to become the world’s second most valuable company by market capitalization, before slipping back to third place. Nvidia’s market cap soared to over $3.01 trillion, just shy of Microsoft’s leading $3.1 trillion valuation. Apple reclaimed its position as the U.S. markets opened on June 6, reaching …
3 Horse Race Between NVIDIA, Microsoft and Apple Read More »
