SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling.
Solana (SOL)
SOL was trading marginally higher in today’s session, as prices rebounded following a four-day losing…
Read more
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in? The United States dollar index (DXY) resumed its strong uptrend on July 11, indicating that investors are preparing for the July 13 CPI report to be hotter than expected. A survey of economists by Bloomberg estimates that in June…
Read more
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term. Bitcoin (BTC) rallied to the 200-week moving average on July 8, a level that could act as a battleground between the bulls and the bears. Several analysts are watching this level because a break and…
Read more
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt. Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security. The class action was filed on July 1 by Roche Freedman LLP and Schneider Wallace Cottrell…
Read more
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of…
Read more
Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court. The suit accuses the company, along with a number of related persons and entities active within the ecosystem, of drawing illegal profits from the blockchain’s native token, and claims that SOL is…
Read more
The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation. The team announced today that “after a long negotiation,” the hacker returned ETH 6,064 (USD 7.19m) and…
Read more
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema…
Read more
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment. Bitcoin (BTC) is attempting to rise above the psychological level of $20,000 on July 6, a sign that bulls are trying to stall the brutal bear market.…
Read more
Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has lost over USD 8.7m worth of crypto assets in a flash loan attack that drained its liquidity reserves. The protocol’s official Twitter account confirmed the hack on Sunday and announced the temporary suspension of the service as they started an investigation…. Read…
Read more
