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The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for trends that exist across all networks. The Meme Coin Scourge Solana’s recent surge in activity has been largely fueled by meme coins, including…

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with…

The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny Gaevoy disclosed the company’s plans in an interview with Bloomberg at the ongoing Consensus crypto conference in Hong Kong. Gaevoy said…

Berachain (BERA) is back in the green today. BERA’s price has jumped 13% in the past 24 hours following news of its latest network upgrade. Meanwhile, BTC Bull Token (BTCBULL) keeps hitting big presale milestones – with some traders saying it could be the next to explode. BERA Rockets as Pyth Network Partnership Boosts Investor…

The DeFi platform MANTRA obtained a Virtual Asset Service Provider (VASP) license from Dubai’s dedicated regulator overseeing crypto operations.  The approval now allows the entity to serve as a Virtual Asset Exchange and provide Broker-Dealer and Management and Investment Services.  MANTRA’s Milestone According to a document shared with CryptoPotato, the VARA license reinforces MANTRA’s commitment…

TL;DR Litecoin’s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move. Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased interest in the asset. How High…

Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADA’s circulating market cap rank from 11th to 9th. The increases in both price and market cap aligned with the US election in November and the broader rally of cryptocurrencies. As such,…

Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange…

Binance co-founder Changpeng Zhao (CZ) has denied speculation that the cryptocurrency exchange is up for sale. The former CEO has dismissed the claims as misinformation spread by competitors. Competitor Misinformation “Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao stated on February 17 in a post on X. “As a shareholder,…

TL;DR Shiba Inu’s price faces further downside risks due to a sharp drop in Shibarium activity, a collapse in the burn rate, and other factors. However, a predominantly negative exchange netflow suggests investors might be moving SHIB off exchanges into self-custody, potentially easing selling pressure and hinting at a short-term price rebound. What Signals a…