Traders want to make their millions on Solana memecoins, but crypto proponents believe this is risky and would benefit the industry if it ends sooner rather than later.
Slerf dev accidentally burns $10M as Solana meme frenzy takes hold DeFi TVL breaches $100B, MakerDAO readies DAI ‘Endgame:’ Finance Redefined The total value locked in DeFi protocols has breached $110 billion — but it’s still short of the $189 billion all-time high recorded in November 2021.
Bitcoin overtakes gold in investor portfolio allocation — JPMorgan Bitcoin’s allocation in investor portfolios has reached 3.7 times that of gold when adjusted for volatility, according to a JPMorgan analyst.
Spot Bitcoin ETF net inflows drop by 80% as BTC price dips below $69K BlackRock’s ETF recorded the highest inflows of $350 million, while Grayscale saw $250 million in outflows.
Ethereum L2s median transaction fees decline as much as 99% post-Dencun upgrade The Ethereum Foundation’s Tim Beiko called Dencun one of the most complex forks since the Merge, with most EIPs implemented.
ShapeShift settles pre-DAO SEC case, Uniswap hits 2-year high: Finance Redefined Amid a marketwide bullish run, Uniswap’s UNI token has reached a new two-year high.
Is Tesla buying Bitcoin again? BTC wallet data sparks curiosity Some users speculated that Tesla might be buying Bitcoin and could reveal it during its next earnings call, while others believe it could be an accounting error.
Bitcoin price retraces from $69K ATH as BTC hodlers take profit A dormant whale from 2010 woke up to sell 1,000 BTC at $69,000 ATH, racking in $68 million in profits.
Bitcoin ETF inflows hit $562M as BTC price eyes new ATH Bitcoin ETFs see over half a billion dollars in net inflows, outpacing the current market supply of Bitcoin 10 times.
Pepe, Floki, Bonk and other memecoins record 3,000% surge in weekly volume Pepe’s price has risen nearly 400% in the past week, and its market cap has doubled in the past two days.
$200M lost to hacks in 2024, Shido token plummets 94%: Finance Redefined Over $200 million worth of cryptocurrency has been lost to hacks and rug pulls in 32 individual incidents so far this year.
Bitcoin breaks ATH against a dozen currencies as BTC price breaches $59K The new BTC ATH against several fiat currencies shows their declining market value due to rising inflation.
FTX founder SBF asks for a 6.5-year sentence, tells prison guards to invest in Solana A report published in The New York Times claimed SBF is giving investment advice to prison guards, reportedly asking them to invest in Solana.
Solana outage raises questions about client diversity and beta status Solana’s latest outage was its first in nearly a year and around half a dozen in the past two years, but despite that, the blockchain is thriving with network activity and a token price surge.
Spot Bitcoin ETFs accumulate 300K BTC as net inflow rises to $6B Amid strong inflows into Bitcoin ETFs, the BTC price hit a new two-year high of over $57,000 as its market cap breached $1.1 trillion.
Vitalik Buterin has an open-source solution to Elon Musk’s Microsoft OS issues A few users on X lauded Buterin for promoting open-source software; however, a few others also pointed out that Linux has its own share of issues.
US-based OANDA gets green light to offer crypto trading in the UK OANDA’s new crypto platform will offer 63 crypto trading pairs to begin with and will expand its services further.
ERC-20 wallet drainer gets a business license, Aave deploys on BNB: Finance Redefined The creators of a wallet drainer application have registered their business in the United Kingdom.
Former US President Trump no longer anti-Bitcoin, says can ‘live with it’ Users on X pointed out that Trump’s recent change in tune toward Bitcoin could be just an election-related tactic to attract crypto-focused voters.
AI tokens record double-digit gains as market cap doubles in a month While many attributed the recent surge in AI tokens to Nvidia’s massive earning reports, data indicates AI tokens have been on a positive trajectory over the past month.
MetaMask boosts security with alerts for 30M users on major chains The noncustodial wallet started working on the security alert feature in April 2023 and integrated it with Ethereum mainnet in January 2024.
Foreign crypto exchanges in India face uncertain future India banned crypto exchanges that didn’t comply with FIU guidelines, but market experts point to a lack of regulatory clarity and high taxation, forcing crypto traders to rush to foreign exchanges.
Bitcoin holdings on Coinbase reach lowest level since 2015 as whales withdraw $1B BTC A few users on X believe the movement of funds indicates a supply shock prior to the halving, while others pointed out that whales are just moving funds to OTC desks or other custodians.
Starknet’s airdrop dilemma, ETH gas fees hit 8-month high: Finance Redefined ETH gas fees hit an eight-month-high amid the ERC-404 token craze, while the Starknet network deals with an ongoing airdrop frenzy.
Ether staking deposits touch $85B, 25% of circulating supply now locked up Amid growing staking demand, the price of Ether has made significant strides, reaching a new yearly high above $2,800.
Digitex Futures Exchange CEO indicted for violating Bank Secrecy Act The Digitex Futures Exchange CEO was previously ordered to pay $16 million in penalties for failing to register with the CFTC and manipulating the price of its native token.
South Korea rocked by alleged celebrity crypto scandal Most accused celebrities denied links to the fraudulent schemes, while a few involved have ceased all relationships with the accused firm.
DeFi compliance in 2024, and new SEC rules set to be challenged: Finance Redefined Experts say the SEC’s new rule impacting DEX liquidity providers has attracted much criticism and may be challenged in court.
Bitcoin ETFs spark optimism around Ether ETF, but is it realistic? Bitcoin ETF approval has given optimism to many about the possibility of a spot Ether ETF soon, but experts caution it could be a lengthy process.
Bitcoin ETFs record third-largest inflow day as BTC price rises above $46,000 The third-largest inflow day for spot Bitcoin ETFs came on the same day the BTC price crossed $46,000 to record a new multiweek high.