Will Solana price hold $180 after 30% drop in weekly DApp volumes?
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
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Hyperliquid delists JELLY perps, citing "suspicious" activity
Hyperliquid has delisted JELLY perps after suspicious trading activity, with most users set to be automatically reimbursed. Hyperliquid is delisting perpetual futures tied to the JELLY token after identifying “evidence of suspicious market activity” involving the trading instruments, the blockchain network said. The Hyper Foundation, Hyperliquid’s ecosystem nonprofit, will reimburse most affected users for any

US lagging behind in global stablecoin adoption — Chainalysis
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.

Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
Bitcoin Ordinals inventor Casey Rodarmor says a fungible token protocol like Runes wouldn’t leave as much “junk” on the Bitcoin network as that of BRC-20 tokens. 264 Total views 6 Total shares The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The

Federal regulators are preparing to pass judgment on Ethereum
Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible.The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to continue bringing enforcement actions and…

New Blockchain Solution to Fight COVID-19 Complies With EU Data Privacy Regs
An Internet of Things (IoT) blockchain specialist and a healthcare data firm have teamed up to devise a solution for fighting the pandemic that complies with European data privacy laws.On April 17, IoT blockchain startup Ubirch and Nasdaq-listed Centogene announced their partnership on a solution for securely handling the results of COVID-19 mass testing.Volkmar Weckesser,…

Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021. 659 Total views 17 Total shares The uncertainties sparked by China’s blanket ban on crypto trading have taken a downturn as homegrown crypto exchanges such as Houbi take proactive measures to protect…

Bitcoin is on target to hit $288K as US money velocity collapses in Q2
There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe.In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at asset manager Robeco, noted that U.S. M2 money velocity had hit historic lows.“Too much money to spend”Velocity measures the speed at…

Humans and AI often prefer sycophantic chatbot answers to the truth — Study
The team at Anthropic AI found that five “state-of-the-art” language models exhibit sycophancy, indicating the problem could be ubiquitous. 201 Total views 2 Total shares Artificial intelligence (AI) large language models (LLMs) built on one of the most common learning paradigms have a tendency to tell people what they want to hear instead of generating