Ethereum creator Vitalik Buterin seemingly helped Solana recover single-handedly today, Dec. 29, as he praised the project on Twitter. Buterin wrote in a tweet: Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright…
Solana-based decentralized exchange Raydium has been exploited for $2.2 million. The attacker overtook the owner’s authority on the platform, according to the firm’s initial understanding. An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known ⁰Initial understanding is owner authority was overtaken by attacker, but authority has been…
Mithril tweeted on Dec. 16, commenting on Binance’s announcement to delist MITH, and said that the MITH listing process required a 200,000 BNB deposit to Binance. Mithril said it has had “a long history of working with Binance since 2018,” donated to Binance Charity, and collaborated with other Binance initiatives. The Mithril community requested that…
Aside from wiping out billions from the global market cap, the collapse of FTX also wiped out the confidence of even the most convinced Bitcoin holders. The market saw aggressive selling pressure last week, pushing Bitcoin’s price down to as low as $15,500. Graph showing Bitcoin’s price in November 2022 (Source: CryptoSlate BTC) CryptoSlate looked…
Following the news that Binance will acquire the FTX exchange, the troubled FTT token popped 44% following a decline of 43% since Nov. 5. The native token of FTX fell over the weekend amid controversy around a potential insolvency issue at the exchange. News that Binance planned to sell over $500 million in FTT sent…
After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into the market. While it’s hard to estimate how long the correction will last, exchange data suggests that BTC is currently up against a much…
After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin’s price in June and led to a shaky summer with little to no gains. However, the third quarter began in the green with Bitcoin breaking through the $20,000 resistance, showing the potential…
Dogecoin has surged 18% following news that Dogefather Elon Musk is set to take over Twitter by Friday. Bloomberg reported on Oct. 24, that Musk has assured loan bankers assisting his acquisition with about $13 billion, that the Twitter deal will be completed by the weekend. On Oct. 26, Musk changed his Twitter bio to…
After weeks of flatlining, Bitcoin has finally seen some positive price action, breaking through the $20,000 resistance. At press time, BTC stood at $20,745 and showed the potential to inch even closer to $21,000. Graph showing Bitcoin’s price in October 2022 (Source: CryptoSlate Bitcoin) Bitcoin’s rally could have been a result of a significant increase…
Klaytn network’s KLAY is up more than 30% to $0.2055, making it one of the best-performing digital assets this week, according to CryptoSlate data. Proposal to reduce block rewards Klaytn Governance Council (GC)has approved a proposal to reduce the network’s block rewards because of the current market situation. GC Proposal Vote Results: PASS 👥 26 of…