DeFi
Though memecoins have boosted fees on Solana, the tokenomics call SOL’s economic sustainability into question.
Bitcoin
In as early as 14 weeks time, crypto investment firm Grayscale’s GBTC could run out of bitcoin for fund redemptions, according to blockchain analytics firm Arkham.
Business
Polygon’s zkEVM network suffered an outage for 10 hours on March 23, which the team attributed to an issue with the blockchain’s sequencer due to a layer 1 chain reorg.
But getting federal judges to give the SEC a clear decision on whether secondary-market crypto purchases are securities transactions could be the key to determining the future of the U.S. crypto market.
Ethereum
Backers of each layer 1 blockchain criticized each other this past week, as competition between the networks grows.
Regulation
The former FTX CEO’s behavior during the trial could hurt him, former prosecutors and criminal defense attorneys told Unchained.
After draining $4.6 million from Super Sushi Samurai — a newly launched gaming token on the Blast network — the hacker claimed it was part of a “white hat rescue” effort and offered to work with the protocol to reimburse users.
The Supreme State Prosecutor of Montenegro has stepped in and put a hold on Do Kwon’s extradition to South Korea.
The transfer via the sanctioned crypto mixer could potentially create legal problems.
Some crypto users have observed parallels between Solana’s current meme frenzy and Ethereum’s ICO mania in 2017.
