SoleCoin(SOLE)

Solend and Kamino were the biggest winners in the Solana DeFi landscape.

Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc.

The crypto world is full of worthless projects that rely solely on speculative investment for growth.

[PRESS RELEASE – Grand Cayman, Cayman Islands, January 16th, 2024] 2000% increase in TVL and superior technology are causing builders to choose Sui, most recently, top lending protocol, Solend. Sui, a leading Layer 1 blockchain created by the team that led Meta’s Diem stablecoin project, has surged past $300M in Total Value Locked (TVL) continuing […]

[PRESS RELEASE – Grand Cayman, Cayman Islands, December 20th, 2023] Solend’s expansion is set to compound Sui’s remarkable DeFi momentum, which has seen TVL grow by over 500% since September. Solend, the top lending and borrowing protocol on Solana, today announced its impending launch on the Sui blockchain, which was created by a team of […]

SEC Chair Gensler acknowledged that the sole factor prompting a reconsideration of spot Bitcoin ETF approvals is the court ruling.

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

Finance Minister Simsek reportedly stated that the sole outstanding technical compliance matter is crypto assets.

There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him as the chairman and sole board member. And Sam's response was he did not intend to be, which curiously enough, was not the question actually asked.

Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.

The defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations.

Data from XRPScan reveals that several amendment proposals have passed and are now live on the XRP-Ledger (XRPL). Some of the main amendments have been around non-fungible tokens (NFT) on XRPL and have led to many bug fixes. Specifically, amendment ‘NonFungibleTokensV1_1’ enables native support for NFTs and makes prior NFT amendments obsolete. Emi Yoshikawa, VP […]

In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member.

A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. Terra.money Now Phishing Site Over the weekend, the Terra.money website fell under the control of hackers who were using the site to launch phishing attacks on whatever users were left on the platform. Kiruse, an esteemed web3 developer at Terra, took to Twitter to sound the alarm about this phishing site that's masquerading as the authentic Terra website. The site's sinister objective revolves around duping unsuspecting users into divulging their highly sensitive and confidential information. The domain in question, terra(dot)money, is presently under intense scrutiny due to its alleged involvement in this phishing endeavor. The perpetrators manipulated the website to pilfer sensitive user data, employing tactics that led users to unwittingly reveal their seed phrases, putting both cryptographic keys and funds in severe jeopardy. Alerts and Precautions Terra's response was swift. On August 19, the platform issued a stern warning against engaging with any site under the Terra money domain. This caution was reiterated the very next day, on August 20. Further efforts to bolster safety and security came from Station Wallet on August 21, advising users to steer clear of the Station desktop and mobile apps until their safety can be ensured. The team has also issued a strict directive for users: rely solely on the official communication channels—namely X (Twitter), Discord, and Telegram. This strategic move is aimed at ensuring that users receive authentic and trustworthy information during this period of uncertainty. Temporary Shutdown And Road Ahead In a bid to fend off these phishing scams, the Layer-1 blockchain Terra took the proactive step of temporarily shutting down its website. The team released an official statement on X, "The terra(dot)money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Our team has been working around the clock to rectify this issue, but we’ve encountered delays with some third-party responses.” Terra is still recovering from the devastating crash of the Terra/LUNA ecosystem last year. The company is desperately attempting to rebuild its reputation by replacing CEO Do Kwon, who was arrested and then released on bail. Furthermore, news of undisclosed wallets containing $160 million worth of digital assets belonging to Do Kwon has not helped his case. It remains to be seen if the Terra team is able to deal with the new phishing attack on top of its existing troubles. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. Terra.money Now Phishing Site Over the weekend, the Terra.money website fell under the control of hackers who were using the site to launch phishing attacks on whatever users were left on the platform. Kiruse, an esteemed web3 developer at Terra, took to Twitter to sound the alarm about this phishing site that's masquerading as the authentic Terra website. The site's sinister objective revolves around duping unsuspecting users into divulging their highly sensitive and confidential information. The domain in question, terra(dot)money, is presently under intense scrutiny due to its alleged involvement in this phishing endeavor. The perpetrators manipulated the website to pilfer sensitive user data, employing tactics that led users to unwittingly reveal their seed phrases, putting both cryptographic keys and funds in severe jeopardy. Alerts and Precautions Terra's response was swift. On August 19, the platform issued a stern warning against engaging with any site under the Terra money domain. This caution was reiterated the very next day, on August 20. Further efforts to bolster safety and security came from Station Wallet on August 21, advising users to steer clear of the Station desktop and mobile apps until their safety can be ensured. The team has also issued a strict directive for users: rely solely on the official communication channels—namely X (Twitter), Discord, and Telegram. This strategic move is aimed at ensuring that users receive authentic and trustworthy information during this period of uncertainty. Temporary Shutdown And Road Ahead In a bid to fend off these phishing scams, the Layer-1 blockchain Terra took the proactive step of temporarily shutting down its website. The team released an official statement on X, "The terra(dot)money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Our team has been working around the clock to rectify this issue, but we’ve encountered delays with some third-party responses.” Terra is still recovering from the devastating crash of the Terra/LUNA ecosystem last year. The company is desperately attempting to rebuild its reputation by replacing CEO Do Kwon, who was arrested and then released on bail. Furthermore, news of undisclosed wallets containing $160 million worth of digital assets belonging to Do Kwon has not helped his case. It remains to be seen if the Terra team is able to deal with the new phishing attack on top of its existing troubles. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a recent development, LBank, a renowned cryptocurrency exchange, has stepped forward to address misleading claims by certain projects about their listing status on the platform. This move underscores the exchange’s unwavering commitment to transparency and user protection. LBank recently identified false information regarding the listing of “Zetcoin (ZET)” originating from Kirgizistan. Such incidents prompted the exchange to reiterate the rigorous processes they employ before listing any project. Here’s an overview of LBank’s Listing Standards: Verification Process: LBank stands firm on its mission to offer only the most genuine and value-driven projects to its users. Every project undergoes a stringent verification process. Details pertaining to projects, such as Zetcoin (ZET), can be verified at its specific contract address. Project Examination: This includes a thorough understanding of a project’s essence, industry trends, unique selling points, and potential for growth. Public Engagement Metrics: LBank evaluates a project based on its activity and followers across platforms like Twitter, Telegram, and Discord. Team Evaluation: The credibility of the team, their professional experience, technical prowess, and operational challenges faced are all taken into account. Product Assessment: LBank looks into the technical applications’ necessity and innovativeness, its technological progress, and how it stands in its ecosystem. Market Performance Analysis: The exchange conducts a broad review based on the number of listings on other exchanges, pricing trajectories, Total Value Locked (TVL), trading volumes, and the number of holder addresses. LBank’s dedication to its user base is evident in its meticulous selection of projects. The platform takes great lengths to ensure that only the most reliable projects are presented to its community. In light of these revelations, the general public and LBank users are advised to remain discerning and rely solely on official channels for accurate information regarding LBank’s listings. About LBank LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

In a recent development, LBank, a renowned cryptocurrency exchange, has stepped forward to address misleading claims by certain projects about their listing status on the platform. This move underscores the exchange’s unwavering commitment to transparency and user protection. LBank recently identified false information regarding the listing of “Zetcoin (ZET)” originating from Kirgizistan. Such incidents prompted the exchange to reiterate the rigorous processes they employ before listing any project. Here’s an overview of LBank’s Listing Standards: Verification Process: LBank stands firm on its mission to offer only the most genuine and value-driven projects to its users. Every project undergoes a stringent verification process. Details pertaining to projects, such as Zetcoin (ZET), can be verified at its specific contract address. Project Examination: This includes a thorough understanding of a project’s essence, industry trends, unique selling points, and potential for growth. Public Engagement Metrics: LBank evaluates a project based on its activity and followers across platforms like Twitter, Telegram, and Discord. Team Evaluation: The credibility of the team, their professional experience, technical prowess, and operational challenges faced are all taken into account. Product Assessment: LBank looks into the technical applications’ necessity and innovativeness, its technological progress, and how it stands in its ecosystem. Market Performance Analysis: The exchange conducts a broad review based on the number of listings on other exchanges, pricing trajectories, Total Value Locked (TVL), trading volumes, and the number of holder addresses. LBank’s dedication to its user base is evident in its meticulous selection of projects. The platform takes great lengths to ensure that only the most reliable projects are presented to its community. In light of these revelations, the general public and LBank users are advised to remain discerning and rely solely on official channels for accurate information regarding LBank’s listings. About LBank LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Prominent stablecoin issuer Circle announces the launch of its Web3 Programmable Wallets public beta version for developers on three blockchains. The First Product of Circle’s Web3 Services Line On Tuesday, August 8, 2023, global fintech company Circle, known for its USDC stablecoin, announced the launch of Programmable Wallets, the first product of the platform’s Web3 Services product line. The public beta version of Programmable Wallets is now available for businesses, developers, and builders. The product currently supports Ethereum, Polygon, and Avalanche networks, with other chains coming soon. Programmable Wallets allows developers to seamlessly integrate secure crypto wallets into any application, thus expediting the adoption of Web3 and blockchain technologies. “​​Programmable Wallets bridge the gap between today’s internet and blockchain networks by abstracting complexities such as private key security, blockchain node operations, transaction management, interoperability across blockchains, and many others to enable developers to iterate on applications faster,” reads the statement on the Circle’s website. One of Programmable Wallets’ key features is that it gives developers the freedom to customize the crypto wallet experience to best fit their use case. This helps greatly increase customer satisfaction because different types of apps (DeFi, games, e-commerce, etc.) will use their crypto wallet in different ways. Programmable Wallets offers a self-service, end-to-end solution, enabling developers to register, build, and implement their first wallets and transactions within minutes. The developer console provides all the necessary tools for debugging, launching, and scaling Web3 applications. According to the company’s press release, these are the core features of Programmable Wallets: User-controlled wallets: gives end-users full control of their assets; Developer-controlled wallets: allows developers manage assets on behalf of users; REST APIs manage both user-controlled and developer-controlled wallets; iOS and Android SDKs speed up development processes and facilitate wallet UI customization; Webhooks keep users updated on their incoming or outgoing transactions; Wallet operations dashboard enables developers to monitor transactions; Multiparty computation (MPC) is a built-in cryptographic security configuration; Blockchains Agnostic allows to build a wallet once and use it across different blockchains; Pay-as-you-grow provides a rebate on USDC usage, starting at $0.05/Monthly Active Wallet. Other features such as Gas Abstraction and Smart Contract Wallets should be rolled out shortly. Circle Expands the Range of Its Web3 Solutions Earlier this year, Circle launched a Cross-Chain Transfer Protocol (CCTP) to allow permissionless transfers of USDC natively across supported blockchains. A couple of months later, the platform announced the operationalization of its CCTP on Arbitrum, a Layer 2 scaling solution for the Ethereum network, with the aim to make the USDC transfers faster and more secure. “With USDC, CCTP, Programmable Wallets, and our broader Web3 Services offering, our goal is to make it easy for developers to rapidly build, deploy, and scale blockchain-powered apps for a variety of use cases, regardless of the blockchain network they choose to build on,” the Senior Director of Product Management at Circle, Gagan Mac, wrote in the statement. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin has remained trapped in a downward channel since the latter part of June. With the last couple of days of positive price action, is bitcoin now ready to go higher? A bull flag breakout? Bitcoin has been in an accumulation phase for the past seven weeks. Following a spike higher from a mid-June low of $24,800, the price almost reached $32,000 before rolling over and following the downwards channel it is currently trying to free itself from. Positive price action since Monday saw bitcoin emerge from its bull flag. However, Wednesday sees price trying to hold the top of the flag. Whether it is successful or not will signal the next phase of price action. If the breakout of the bull flag does get confirmed, bitcoin has the possibility to go much higher, with a measured move out of the flag taking it to $35,000, which would potentially turn $30,000 into new support. However, failure to break out of the flag can bring bitcoin ever closer to its major support of the uptrend which is underpinned by the 200-day moving average. A bounce here would be even more likely. Bears and bulls evenly balanced In fact the chart and fundamentals for bitcoin do look ridiculously bullish. It therefore has to be wondered why there is still so much bearish sentiment around the number one crypto asset? The Fear and Greed Index has been oscillating around the Neutral 50 value since the beginning of the year, signalling that bitcoin is balanced on a 50/50 market sentiment for higher or lower prices. It appears that something is needed to tip bitcoin one way or the other, and despite regulatory overhang of the crypto industry and the extremely negative pursuit of the foremost crypto exchanges of Binance and Coinbase by the SEC, there is still enough positive sentiment to balance things up. Why keep currency in the bank? In bitcoin’s favour, it does have to be wondered why people would choose to keep their fiat currency in banks. On the one hand there is the resulting reduction in purchasing power of fiat currency as central banks print more of it in order to pay debts. On the other hand, there are the banks themselves. Only propped up by the printing out of thin air of their own central banks. As exposure to commercial real estate and other bad debts become due, the central banks are going to have to hammer further on the keyboard digits in order to inflate even further. If one is to add all this negativity to the fact that we are living in an age where banks are becoming obsolescent, then all the currency being poured into propping them up would just appear to lead to much more pain for the average citizen, who must bear this cost through inflation and an accelerating loss in purchasing power. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Billionaire investor David Rubenstein has expressed regret about not purchasing Bitcoin when it was priced at just $100 per unit.

Saylor stepped down as CEO of MicroStrategy one year ago in order to focus solely on Bitcoin.

Following Ripple's partial victory over the SEC, it was ruled XRP does not constitute a security concerning programmatic sales. What is a realistic price prediction following this decision, and what is it based on? Popular Twitter personality Shannon Thorp was recently asked to give a price prediction for XRP with no time frame or a set idea of circulating supply or the dollar amount it equates to. Thorp has noticed a trend among the XRP followers (the #XRPArmy as they are better known on Twitter) and found the camp to be divided. One side bases their future views and prediction based solely on charts, taking guidance from past price action and trends that Bitcoin – the biggest crypto by market cap, follows to determine short-term price predictions. The other side bases their views on Ripple and XRP's utility. This camp of XRP supporters is of the opinion that partnerships and the replacement of "antiquated systems" will determine XRP's price. People have long asked what will be the price of $XRP, when will this “utility” come? In my opinion, now more than ever I see a divided #XRPArmy! One side looking at only charts, taking cues from the past and trends that follow Bitcoin to draw short term price predictions. Whilst… — Shannon Thorp (@thorpshannon87) July 29, 2023 Thorp believes no side is correct since XRP does not constitute a security. In Ms Thorp's view, it is wrong to continue making price predictions for XRP as a "security." After the XRP ruling, the FedNow announcement and the US Congress passing its proposed crypto regulation bill to Senate, estimates of XRP's future price have come under question. Vahil Capital released a white paper on XRP's price, which indicates XRP's price could reach anywhere between $3,500 and $21,900. Vahil based its predictions on two years of research and six distinct quantitative models. The VC firm's prediction has been met with shock and scepticism, to say the least, and this apprehension is based on chart analysts stating the chart does not allow for such a prediction. Ms Thorp was quick to call out an issue with the charts: She argues that if a range for XRP is set at $1.00 - $5.00, what it ultimately means is that if one company owned all the XRP tokens in circulation, then yes, it would mean that that company in possession of all 100 billion tokens would have a Liquidity Strength of (LS) anywhere between $100B - $500B - bear in mind that is a burn rate for every transaction regardless of the amount. An LS such as this does not factor for economic growth, messaging and settling and does not account for the benefits of using XRP. Thorp explains the situation concerning SWIFT – SWIFT is one of the systems Ripple aims to improve on. As it stands, SWIFT handles 44.8 million messages in a day, does not include settlements, and at this point, is only half of what Ripple can do. Based on a $7 trillion value for SWIFT in a day (not 24/7 or 365). She suggests that if Ripple, in its ten years of innovation and partnerships, has only gained 30% of SWIFTs value, it would put XRP's daily value at $2.1 trillion (about 13.2 million messages). XRP settles in 1 -5 seconds, and the liquidity would be there. However, settlements are fast, but if a user were to send a $750 million transaction with an LS of $1.00, for argument's sake, it equates to 10% of all that bank's XRP. To determine a price prediction, Thorp follows the following logic: Considering all banks globally, all the XRP that has been burnt through other transactions, all the XRP tokens all its holder own, and all the XRP given to other large banks and the XRP tokens awarded to its creators. Then account for the XRP on liquidity hubs and exchanges and present an amount representing a range, using 50B-75B XRP at any one-time support LS. Then spread that across 300 -1000 banks, liquidity providers and governments. The math follows: 75 billion XRP at $1.00 amounts to $75 billion. Take $75B and divide by 1,000 banks equals $75 million XRP/dollars for each bank or liquidity provider. Further, assume big banks hold more XRP than small banks, and small banks would use liquidity providers. Then consider that Ripple has released all the XRP tokens to reach a circulating supply of 75 billion. LS would be $75M per bank, and a top-tier bank such as J.P. Morgan moves more than $8 trillion a day and considers service overlaps with SWIFT and the assumption that Ripple only has 10% of the market ($800 billion). This movement only accounts for cross-border transactions, not CBDCs, derivatives, real estate, NFTs and technical parallels. Vahil Capital's price prediction and logic do not seem so outrageous anymore. Thorp finally comes to her own price prediction. The Twitter personality has placed her prediction anywhere from $100 - $500 in the short term of four to seven months. She argues that it all comes down to LS if XRP is $100 at a supply of only 50 billion, which equates to an LS of $5 trillion and at $500 makes an LS of $25 trillion. The logic is that this gives the market room to grow and breathe and ensures that no one company needs to own billions of XRP tokens for day-to-day operation. XRP Is On the Rise But Has Not Even Reached $1 While the ruling was highly bullish for XRP, and the price soared over 100% following Judge Torres's order, it has not continued its momentum. XRP reached a high of $0.84 on July 19 but currently trades at $0.66. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

London, United Kingdon, August 3rd, 2023, ChainwireCoinMarketCap, the leading platform for cryptocurrency data, announces the launch of its groundbreaking CMC Crypto Fear and Greed Index. Designed to meet a crucial market need, this innovative index provides a wide-ranging and quantifiable assessment of fear and greed for the entire cryptocurrency industry.Amid recent market turbulence, it became evident that there is no crypto equivalent of the traditional Fear and Greed Index, a well-established tool for stock market analysis. Existing alternatives in the crypto space focus solely on Bitcoin, failing to capture the overall market sentiment of 20,000+ coins listed on CoinMarketCap.The CMC Crypto Fear And Greed index leverages an array of key components, meticulously engineered to provide users with valuable insights into the overall sentiment of the crypto market:Price Momentum: The index analyzes the price performance of the top 10 crypto coins by market capitalization (excluding stablecoins) through CoinMarketCap's API. By capturing trends in assets like BTC, ETH, XRP, BNB, and DOGE, it provides a more holistic view of market sentiment, as price fluctuations mirror fear and greed levels in the market.Volatility: Recognizing volatility's significant impact on market sentiment, the CMC Crypto Fear and Greed Index integrates the Volmex Implied Volatility Indices, BVIV and EVIV, capturing fluctuations across a broad selection of digital assets and reflecting crucial market data for enhanced decision-making.Derivatives Market: Option contracts provide insights into market participants' expectations for future returns. The put-call ratio is utilized to infer the sentiment of retail participants in the option markets. A higher ratio of puts to calls signals fear in the market, indicating that retail investors anticipate a bear market or a future crash.Market Composition: The relative aggregate value of BTC in the market serves as a vital indicator of market sentiment. The Stablecoin Supply Ratio (SSR) is employed for this purpose, measuring the ratio between Bitcoin's market capitalization and the total market capitalization of major stablecoins. A low SSR indicates a relatively larger stablecoin supply compared to BTC, while a high SSR signifies stronger BTC dominance. This metric not only represents the supply/demand dynamics between BTC and USD but also reflects the composition of the market.CMC Proprietary Data: CoinMarketCap analyzes social trend keyword search data, such as phrases like "crypto moon," to gauge market sentiment. Additionally, as a major traffic platform in the crypto industry, CoinMarketCap collects valuable pageview and engagement data, providing insights into market sentiment, retail interest, and emerging trends. By examining user engagement and behavior, the index identifies which coins and projects are generating the most interest, and which themes are driving market sentiment.With its comprehensive approach, the CoinMarketCap’s Crypto Fear and Greed Index provides a uniquely valuable perspective on the cryptocurrency market, empowering users to make better-informed decisions based on a deeper understanding of market sentiment. As a global leader in cryptocurrency data and research analysis, CoinMarketCap is committed to building innovative tools and resources for participants in the crypto industry.About CoinMarketCapCoinMarketCap is the world's most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.ContactResearch LeadAlice [email protected]

We are almost halfway through 2023 and the global cryptocurrency market has seen its fair share of ups and downs. From clocking a market capitalization of $1.2 trillion to the launch of new innovative coins like DigiToads (TOADS) to Solana’s sole outage, there have been several headline-grabbing moments so far. Layer-1 blockchains such as Solana […]