Solana prepares for possible ‘sizable’ move after defending $120 support

Free TON Blockchain and tokens are launching today by the decentralized community, which claims that Telegram needs to step away from the project. The Free TON community, an independent group of software developers, validators and users are launching the "Free TON Blockchain" today, May 7.The blockchain would appear to be based on the Telegram Open…

Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks.In the last couple of weeks, there has been a lot of turmoil in the Bitcoin world. There was a rapid decline in hashrate, followed by an even more precipitous…

While the short-term market outlook for many NFT projects look uncertain and multiple new releases struggle to gain traction, one gardening-themed drop may have set some records by selling 8,888 NFTs in just under an hour.Nonfungible token studio Zenft released a line of 8,888 unique bonzai NFT plants that quickly sold out last night, with…

Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. 586 Total views 103 Total shares Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in…

Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.

The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders. 134 Total views 2 Total shares Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,”…

"The labeling of the offering as decentralized and the securities as governance tokens did not hinder us from ensuring that DeFi Money Market was immediately shut down and that investors were paid back," said the SEC. 149 Total views 7 Total shares A Cayman Islands-based company and two individuals may be the first subjects in…

ATBCoin has claimed that it is unable to pay a $250,000 settlement to a lawsuit over its $20 million ICO, prompting calls from the plaintiffs for the court to enforce the agreement. 1851 Total views 46 Total shares Investors who settled claims against the self-proclaimed “fastest blockchain in the world” ATBCoin LLC have requested that…

Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm. If so, what does it mean for Bitcoin, long promoted by partisans as an inflation hedge…