Solana sees 40% decline in user activity as memecoin rug pulls erode trust
Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.
Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.
Newly launched funds holding Bitcoin and Ether have so far seen scant interest from investors.
Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.
The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.
Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
You may have heard restaking compared to a risky financial maneuver. That’s not exactly right. There are key differences, with profoundly different types of risk.
Memecoins and other social tokens continue to draw debate following the implosion of the Libra token promoted by President Javier Milei.
Bybit hack Exchange Purchases $742 Million in ETH Following $1.4 Billion Hack Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit hack, which has taken the industry by surprise. A wallet linked to Bybit, identified as “0x2E45…1b77,”…
As Shiba Inu successfully breaks above a significant resistance level, it is indicating that a potential reversal may be imminent. Ethereum recovery,After struggling under a descending trendline, the meme coin is now making an effort to break out of its bearish trend, giving investors new hope. According to the most recent price action, SHIB is…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: I have asked around my circles and can’t seem to get a straight answer on why Nvidia’s (NVDA) stock looks so cheaply valued on a price-to-earnings multiple basis. So, I am coming to…