Solana may hit $330 and reach 50% of ETH market cap — VanEck research
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.
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The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period.It’s a quieter and perhaps less scandalous branch compared to the more newsworthy centralized…
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2021 will be remembered as the year of nonfungible tokens (NFTs). In a year where names like Beeple and Bored Ape Yacht Club dominated the headlines, it’s estimated that NFTs have generated more than $23 billion in trading volume.The rise of NFTs has ushered in a new generation of investors who spend time scouring platforms…
Bitcoin Black Friday Shuts Forever as Founder Says ‘Mission’ Complete
The creator of one of the best-known Bitcoin (BTC) events has confirmed it will no longer take place as it has fulfilled its “initial mission.”In a statement on the official website of Bitcoin Black Friday, Jon Holmquist said that he had “fallen out of love” with the idea of using BTC for consumer payments. Holmquist: Bitcoin…
Ripple Lawyers Try to Move Securities Lawsuit to Federal Court in ‘Slick’ Move
Lawyers representing payment startup Ripple in its ongoing securities lawsuit are trying to move the case to a U.S. federal court in a show of what one legal commentator described as “tactical brilliance” Nov. 9.Court records confirm the application to move the case from state to federal level, which would allow Ripple to prove definitively…
Grayscale Puts Trust to the Test by Pursuing SEC Registration
On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world's largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its Grayscale Bitcoin Trust.If successful, the move would result in the trust acquiring the status of an SEC…
Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21.Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT…
Crypto phishing attacks up by 40% in one year: Kaspersky
Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. Own this piece of history Collect this article as an NFTWhen it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and…