Solana – Page 48

This Ethereum DeFi Token Soared 30% On Binance’s Listing Plans

Ethereum staking token Lido DAO (LDO) jumped nearly 30% in an hour after Binance said it will list the token on Monday. LDO will be available to trade in LDO/BTC, LDO/BUSD, and LDO/USDT pairs starting at 11:00 UTC. This will be the first-ever listing of the LDO token by any centralized crypto exchange. Lido, an Ethereum-based DeFi platform, has among largest market share in ETH staking and is the 2nd largest decentralized finance (DeFi) protocol by total value locked (TVL), as...

DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined

Key Takeaways

Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain messaging protocol that lets smart contracts and decentralized applications living on different blockchains communicate with one another. Stargate is built as an open and composable piece of blockchain infrastructure that could be leveraged by other decentralized applications and projects aiming to go multi-chain.

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Stargate is a fully composable cross-chain primitive...

Terror’s Dough Con Planning to Dump Bitcoin to Zero: Sources

Key Takeaways

Dough Con wants to dump Bitcoin to zero because he has realized that Terror is destined to fail, anonymous sources have said. Con reportedly enlisted the help of a group of Bored Ape hackers and 0xSifu to acquire Satoshi Nakamoto's seed phrase to get access to his Bitcoin. Several Layer 1 networks have tanked on the news, while blue chip NFTs continue to trade at record highs.

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Editor’s note: A completely unrelated article to this was...

$DOGE Wallet Founder Makes ‘Largest Commercial Dogecoin Transaction’ in History

The founding chairman of self-custodial Dogecoin ($DOGE) wallet MyDoge, Bill Lee, has made the “largest commercial Dogecoin cryptocurrency transaction in history,” after buying 25 Fire-Tier editions of BIG3’s Aliens for $625,000. According to a press release Lee, who is also the co-founder of Craft Ventures, spent $625,000 to...

Binance coin: Can Binance’s acquisition of a stake in Twitter trigger a run-up to $500

Binance Coin price shows signs of an upward move as it recovers above a crucial support level. This potential upswing is likely to evolve into reality as Binance exchange has acquired a $500 million stake in Twitter. Source: sec.gov This news comes as Twitter’s board accepted Tesla CEO’s bid to buy the company at $44 billion. Investors have chimed in a total of $7.1 billion to support Musk to buy Twitter revealed Thursday’s filing at the Securities and Exchange Commission (SEC)....

LongHash Ventures Leads $1.5 Million Pre-seed Funding Round for Web3 Game Data and Development Platform Particle Network

Singapore, Singapore, 4th May, 2022, Chainwire LongHash Ventures, one of Asia’s leading Web 3-focused venture funds and accelerator, has announced that it led a $1.5 million pre-seed funding round for Particle Network, a Web3 mobile game development platform that aims to accelerate game developers’ transition to Web3 by providing...

Opinion: WSJ Says the NFT Market Is Dying. It’s Wrong

Key Takeaways

The Wall Street Journal has published a misleading article claiming that the NFT market is dying. The article cherry-picks examples of poorly-performing NFTs, highlighting the journalist's lazy reporting. In the same article, claims of an imbalance between supply and demand in the NFT market completely miss the value proposition of non-fungible tokens.

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Data compiled by The Wall Street Journal suggests that the NFT market is in decline. However, active participants in the NFT market know that this...

Bears In Control Below $92 –

Solana price extended decline below the $92 support against the US Dollar. The price is now trading below $90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $90.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $90 and $92 to start a fresh recovery wave in the near term. Solano price is struggling below $92 against the US Dollar, similar to bitcoin. SOL could decline...

Coinbase And Kraken Promote “Fake Bitcoin”, Lawsuit Says So –

Per a post from Ontier, the self-proclaimed inventor of Bitcoin Craig Wright filed a lawsuit against leading crypto exchanges Coinbase and Kraken. Ontier is a legal firm that represents Wright, Wright International Investments Limited (WII), and Wright International Investments UK Limited (WIIUK). Related Reading | Why Self Proclaimed Satoshi Nakamoto Craig Wright Must Pay $100M In Damages Filed on April 29, 2022, on Behalf of Wright and these associated companies, in the Intellectual Property List of the Business and Property Courts of...

Kraken Announces NFT Marketplace – Crypto Briefing

Key Takeaways

Kraken announced today that it is opening the waitlist for its NFT store and revealed the platform's various features. In December, CEO Jesse Powell suggested Kraken would open an NFT marketplace but gave few details at that time. Kraken is one of many exchanges that have launched an NFT platform; others include Coinbase, Binance, and FTX.

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Crypto exchange Kraken announced today that it is opening the waitlist for its NFT marketplace and announced several planned features.

Kraken Opens NFT Waitlist

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