Solana DEX volume hits record high: Is SOL price headed to $300?
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
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US lawmakers urge White House to address North Korea’s use of digital assets: Report
Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July. 372 Total views 5 Total shares Three members of the United States Senate have reportedly sent a letter to the White House and Treasury Department in an…

FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority-owned depository institution. 506 Total views 9 Total shares Own this piece of history Collect this article as an NFTCitizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial…

Is the bottom in? Crypto community shares their thoughts
From waiting for Bitcoin prices to go lower to hoping that the fun goes on, community members shared their thoughts on crypto prices. 869 Total views 15 Total shares Buying the dip instantly becomes a nightmare when crypto prices go down even further as the bear market continues its onset. However, recent dips show that…

Ambient Finance website hacked, team warns users to wait for fix
In 2024, malware spread through Python Package Index, text messages, fraudulent macOS programs, and even automated email threads.

DeFi Platform Suffers 51% Attack From Its Top Miners — or Does It?
DeFi platform PegNet appears to have suffered a 51% attack in which four of the network’s top miners fraudulently created $6.7 million in stablecoins. 1236 Total views 36 Total shares Drama continues to plague decentralized finance (DeFi), with Factom-based stablecoin network PegNet appearing to suffer a 51% attack that resulted in $6.7 million worth of…

Class action lawsuit claims Solana’s SOL is an unregistered security
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt. 387 Total views 7 Total shares Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.The class action was filed on July 1 by Roche Freedman…

Indonesia considers capital gains tax on cryptocurrency trades
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official. 3924 Total views 15 Total shares Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reports Tuesday.“It is…

Coinbase urges US regulators to remove crypto banking barriers
Coinbase, the largest custodian for US-based spot Bitcoin ETFs, wants US state-chartered banks to be allowed to provide and outsource crypto custody and execution services.