Helius Labs CEO Defends Solana Amid Criticism Over Meme Coin Frenzy

Solana’s defenders highlight its tech and innovation, arguing meme coin chaos doesn’t define the chain’s potential or progress The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for...

Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident

A shared session signer wallet and exposed private key in Cardex's front end led to a large-scale crypto theft. Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex,...

Wintermute Wants to Expand Crypto Market Making Services to The US: Report

Wintermute’s CEO says the company’s expansion to the U.S. follows favorable regulatory changes in the country. The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny...

Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour

Portnoy called meme coins a "greed-driven ecosystem," launching $GREED as a social experiment before selling his holdings. Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more...

Did Donald Trump Endorse Ripple (XRP)? The Crypto Community Reacts

Trump seems pleased with Ripple reinforcing its operations on American soil. TL;DR Donald Trump’s endorsement of Ripple on Truth Social, where he shared articles about the company’s US expansion, has fueled speculation within the XRP community about a potential price surge. Ripple CEO Brad Garlinghouse’s meeting with Trump at Mar-a-Lago...

Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK?

Despite a decline, LINK whales have continued their accumulation spree. Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity. The token is currently trading at a little over $18. However, certain factors signal...

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