Regulation
The sale price of $64 per token represents an almost two-thirds discount to the current price of Solana.
Bitcoin
Binance advises users to withdraw their Bitcoin NFTs from its marketplace as it discontinues support for these tokens as part of an effort to “streamline product offerings.”
Solana
The Solana blockchain is experiencing a high rate of failed transactions amid massive trading volumes that has led to network congestion.
DeFi
USDe’s extremely high yields and the fact that it’s not backed by fiat are reminiscent of Terra’s notorious failed stablecoin. But there are important differences between the two.
Fresh demand and liquidity is pouring into bitcoin, say analysts at Glassnode, noting that the realized cap metric has increased at an “unprecedented rate” of $79 billion per month.
Business
The Galaxy Ventures Fund I, LP, will aim to invest in 30 startups over the next three years, targeting firms building financial applications, software infrastructure and crypto protocols.
Nigerian prosecutors are seeking to hold Binance and two of its officers equally accountable on charges related to money laundering and tax evasion.
NFTs
The sequel to the hit onchain game saw 800 players secure their spots for 0.1 ETH each, bringing the winning pot size to over $263,000.
Memecoins, real-world assets (RWA), and artificial intelligence (AI) tokens led the way with the highest returns.
Ethereum
Ethereum researchers claim that a high staking ratio is bad for the network as well as for ETH as an asset. They’re proposing a solution, but is it worth the cost?
