Solana has weathered one of the strongest distributed denial-of-service (DDoS) assaults ever recorded with none seen impression on community efficiency. Key Takeaways: Solana withstood a 6 Tbps DDoS assault with no community disruption. The assault ranks amongst the largest ever recorded throughout the web. The incident highlights Solana’s rising community resilience. The assault, which has…
The US Securities and Exchange Commission has sharply scaled again its enforcement actions in opposition to the cryptocurrency trade since President Donald Trump returned to workplace. Key Takeaways: The SEC has dropped or paused almost 60% of crypto circumstances since Trump took workplace. Enforcement pullbacks embody main circumstances in opposition to Ripple and Binance. The…
Stablecoin issuer Circle has acquired Interop Labs, the preliminary developer of the Axelar community. This deal excludes the Axelar Network, Foundation, and AXL token, which can proceed to function independently. Common Prefix will take over improvement obligations. Circle to Bring Interop Labs Team and Technology In-House Circle, the corporate behind the second-largest stablecoin USDC, introduced…
Crypto’s main liquidity gauge is flashing warning indicators. According to a brand new market observe from Matrixport, whereas complete stablecoin provide stays close to all-time highs, the tempo of recent capital inflows has peaked and is now slowing, thought of a basic sign of purchaser exhaustion. The agency notes that the rolling 12-month development fee…
A Bitcoin investor misplaced his retirement financial savings after falling sufferer to a so-called “pig butchering” rip-off, regardless of repeated warnings from his advisory agency, in accordance to a firsthand account shared by a Bitcoin wealth adviser. Key Takeaways: A Bitcoin investor misplaced his retirement financial savings after ignoring warnings and sending funds to a…
According to the Crypto Fear & Greed Index, the crypto market sentiment in the third week of December stays dominated by worry, with a rating of excessive worry. This destructive sentiment has prompted quick positions to achieve the higher hand. However, a number of altcoins have their very own catalysts that might set off liquidations…
Base co-founder Jesse Pollak is dealing with mounting criticism after publicly participating with and backing exercise linked to a meme token related to rapper Soulja Boy. The case revives long-running issues about celebrity-driven crypto promotions and the accountability of senior ecosystem figures. The controversy unfolded over a sequence of posts on X in mid-December. On…
HumidiFi’s token WET skilled a double-digit worth surge after South Korea’s main exchanges, Upbit and Bithumb, introduced simultaneous listings. Access to South Korea’s crypto market opens new alternatives for WET. Upbit and Bithumb each set buying and selling to start at 18:30 Korean Standard Time (KST) on December 15. Dual Exchange Listing Fuels Price Rally…
Institutional custodian Hex Trust announced the launch of Wrapped XRP (wXRP) on Thursday, deploying the token throughout Ethereum, Solana, Optimism, and HyperEVM with $100 million in preliminary liquidity. The transfer goals to anchor Ripple’s RLUSD stablecoin pairs on EVM chains. XRP remained flat on the information, whereas RLUSD provide held regular at 1.3 billion. The…
Binance has pushed again in opposition to claims that it didn’t act swiftly in freezing funds linked to final month’s Upbit hack, rejecting studies that it solely partially complied with requests from South Korean authorities. Key Takeaways: Binance denies claims that it delayed or partially complied with requests to freeze Upbit hack funds. The change…