Altcoins

Solana, a popular cryptocurrency, has often been associated with Sam Bankman-Fried, the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research. Bankman-Fried was an early investor in Solana and supported various projects within its ecosystem during the bullish market of 2020-2021. However, when FTX collapsed in late 2022, the value of Solana and
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The hackers responsible for the $41 million hack on the cryptocurrency casino Stake have recently transferred an additional $328,000 million worth of Polygon (MATIC) and BNB (BNB) tokens, according to blockchain security firm CertiK. These recent movements of funds have occurred following the exploit on September 4th. This article analyzes the ongoing actions of the
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Arbitrum, one of Ethereum’s leading layer-2 scalability solutions, has witnessed a significant drop in its token price. Between September 9 and September 11, the price of Arbitrum (ARB) tokens experienced a sharp decline of 14.5%, hitting its lowest point in history. This decline has left investors questioning the competitive edge of Arbitrum, especially considering its
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Reports have been circulating recently regarding Binance, the leading cryptocurrency exchange platform, questioning its financial stability and employee retention. Binance’s co-founder and CEO, Changpeng ‘CZ’ Zhao, has taken it upon himself to address these rumors, ensuring users and investors that the company’s balance sheet remains robust despite the current market uncertainty. CZ acknowledged the role
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In an exciting development for the world of international remittances, SBI Remit, the international remittance services arm of Japanese financial holding company SBI Group, has teamed up with Ripple and SBI Ripple Asia to introduce an XRP remittance service. This collaboration aims to provide fast and cost-effective remittances to bank accounts in several Southeast Asian
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Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has achieved a significant milestone by surpassing 1 million wallets. This achievement comes just weeks after its relaunch and showcases the rapid growth and adoption of the network. Since Shibarium’s relaunch on August 28th, approximately 900,000 wallets have been added, demonstrating the immense popularity and interest
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