Outage Causes Solana Price to Slide, But Recovery Possible
Solana suffered an outage leading to $3M in liquidations, but the price only dropped 1% and could recover if no further outages occur soon.
Read More
Binance Faces Uzbekistan Penalty Over Licensing
Uzbekistan fined crypto exchange Binance $8,200 for operating in the country without a license and will take it to court after Binance refuses to pay.
US Drone Kills Iran-Backed Commander in Iraq
The U.S. carried out a drone strike in Iraq killing an Iranian-backed militia commander and conducted airstrikes against militias Friday, while Houthi rebels in Yemen fired missiles at ships in the Red Sea and Gulf of Aden on Tuesday as the U.S. vows to defend vessels from Houthi attacks.
FTX’s $400M Hack Tied To SIM-Swap Ring: DOJ
The DOJ charged three individuals for allegedly orchestrating a SIM-swapping operation that drained over $400 million from the collapsed FTX crypto exchange.
BONK Whale Backs ‘Ycombinator’ Fund For Solana
The largest BONK token holder, controlling over 12% of supply, will provide $500,000 to a Solana ecosystem venture fund organized by startup accelerator Colosseum.
Polygon and Solana Prices Slide as New Crypto Bitcoin Minetrix Raises $10 Million
Leading altcoins Polygon and Solana have seen prices drop recently, while new crypto project Bitcoin Minetrix has raised over $10 million in its ongoing presale.
Increase in XRP Whale Activity Defies Market Downturn
Large XRP transactions spiked amidst a price drop, indicating continued confidence from major holders like whales.
Animoca Brands Japan taps industry veteran as new COO
Animoca Brands Japan has appointed Kensuke Amo, formerly of Coincheck, as its new COO to drive the company’s expansion in the Japanese Web3 market.
Ripple Exec Confirms $113M XRP Theft
Ripple co-founder Chris Larsen confirmed roughly $113 million worth of XRP was taken from his wallets in an apparent hack, negatively impacting token prices while raising questions about whether the incident represents insider crypto dumping or a legitimate theft.
Alien Worlds Launches First NFT Comic
The popular metaverse game Alien Worlds has partnered with LightningWorks to release Starblind, the first NFT-based comic series aimed at expanding its collaborative story universe.