Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
MilkyWay, a liquid staking protocol, has raised millions of dollars following the completion of a seed fundraising round that Polychain Capital and Binance Labs jointly managed. With more than 150,000 users, MilkyWay is the first liquid staking protocol for Celestia’s modular ecosystem, having launched in December 2023. More than ten decentralized finance (DeFi) applications are … Read more
The price of Solana (SOL) is about to exhibit a negative phenomena that puts the altcoin at risk of a correction. Solana Deals With Negative Cues Following last week’s unsuccessful bullish breakthrough attempt, Solana’s price has been declining on the charts. According to the Relative Strength Index (RSI), the market’s and investors’ pessimism has contributed … Read more
On April 24, the price of Renzo Protocol’s EZETH token depegged, momentarily falling to $688 on Uniswap before leveling off at parity with Ether (ETH), according to Dexscreener statistics. According to a post made on April 24 by anonymous crypto analyst Tommy, this occurrence appears to have been set off by a wider market sell-off … Read more
Ahmad Shadid, the CEO of Io.net, has revealed specifics of a Sybil assault on the network while highlighting the steps the organization is doing to strengthen security. Shadid’s postmortem, which was shared on social media, claims that the attackers used weaknesses to pretend that a GPU was available and to get incentives from the Solana-based … Read more
Understanding the so-called Proof-of-Stake (PoS) is one of the essential ideas to grasp to go deeper into the world of blockchain technology and cryptocurrencies. The distinction between centralized and decentralized systems using the Proof-of-Stake Blockchain A blockchain would only be a chain of linked blocks on its own, as the name implies. However, it is … Read more
Phoenix Wallet, a Bitcoin wallet developed by the Bitcoin technology company ACINQ, has declared that it would stop serving users in the United States. The wallet operator stated in a recent post on X that it will take Phoenix Wallet out of the United States app stores on May 3. The wallet service gave users … Read more
A fresh set of accusations has been brought against David Pan, the founder of the cryptocurrency exchange ACE, and another thirty-one people connected to the case in the ongoing legal battle between Taiwanese authorities and former executives of the company. Since January 2024, the exchange and its former directors have been the subject of an … Read more
With over 14,000 tokens in circulation and a $2.4 trillion market capitalization, more might not always be better. Forbes has identified a set of 20 cryptocurrencies, nicknamed “zombie blockchains,” that, in spite of their lack of user acceptance and real-world utility, continue to command high market prices. Famous names like Ripple (XRP), Cardano (ADA), Litecoin (LTC), … Read more
A trader situated in Solana has made significant profits from trading different tokens with meme themes on the Solana blockchain, according to a report published on April 26 by blockchain analysis company Lookonchain. The trader, recognized by their Solana Name Service account “paulo.sol,” profited cumulatively from savvy investments in multiple memecoins, including as Dogwifhat (WIF), … Read more
Claims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied. The CBN has denied issuing any orders to financial institutions to freeze accounts connected to exchanges including Binance, OKX, Bybit, and KuCoin, despite reports to the contrary. The central bank explained … Read more