The wreckage has fallen again on Solana [SOL] as the crypto markets laboured in recent days. One of the primary reasons for the latest slaughter is Federal Reserve Chairman Jerome Powell’s latest speech. His remarks saw major cryptocurrencies lost their respective supports and seemingly SOL is one of the hardest-since assets right now. Solana hasContinue reading “Solana’s development activity may be on the rise, but SOL tells a different story”

The SEC has accepted a recent Ripple request made on 9 August in what seems like a strategic move. The Defendants’ legal team proposed three exemptions in their opposition to their motions to exclude expert testimony. According to data procured from James Filan, the Ripple team wants to seal identities of non-parties, identities of certainContinue reading “SEC accepts Ripple’s request: A genuine gesture or strategic move”

Digital exploits have become a common theme in the crypto industry. At the same time, it has become increasingly rare for protocols to deceive hackers. In a matter of months, Aurora Labs has been able to deflect two potential cross-bridge attacks. Furthermore, both of these attacks were carried out on the Rainbow Bridge. The firstContinue reading “Here’s how Near Protocol avoided two hacks in a matter of months”

Axie Infinity has been feeling the bearish heat of the market recently. The GameFi-based protocol has been pretty active among the Twitter chat boxes recently after the release of the latest news. In its latest roadmap, Axie has launched Origin Season 0 which marks the transition into Phase 3. This launch will welcome new updatesContinue reading “Axie launches Season 0 with great promise but what about AXS”

Polygon [MATIC] has been busy building an infrastructure on the network lately. It rolled out the Miden VM v0.2 update on 24 August, which comes with a “complete architecture overhaul and lots of new features”. The Miden VM is now Turing- complete and arrives with a read-write random access memory. This means that the VMContinue reading “Polygon’s [MATIC] next breakout heavily relies on this factor “

The week is off to a great start for the Cardano [ADA] community thanks to the news of Vasil hardfork adoption. According to the analytic platform Pool Tool, 47% of Cardano’s staking pool operator nodes have adopted the latest v1.35.3. Well, this still leaves 41% of the SPO nodes on the earlier version. For theContinue reading “Opening long position on Cardano [ADA] might be your biggest…”

Uniswap has had a torrid month during August, to say the least. Despite being the leading DEX in the industry, the protocol’s UNI token has continued to slide. UNI, at press time, was trading at $7.01 after losing 17% in the past week. One of the primary reasons for the drop is the loss inContinue reading “Uniswap: Daily active users are on rise but UNI is down, decoding why”

The NFT market is set to face another big test as bearish headwinds continue to crash floor prices. The latest scrutiny will be confronted in a legal battle now. Former OpenSea manager, Nathaniel Chastain, recently claimed that the United States wants to set a precedent after accusing him of insider trading. Chastain’s legal team hasContinue reading “Shoutout to all NFT holders- Here’s something you should know”

Ethereum [ETH] is starting to rank among accolades lately as the Merge release date appears closer. The expected- 15 September launch has gripped the crypto community with huge promised incentives. The upcoming Merge has also led to a spike in the development activity on the Ethereum network in the past few weeks. This is reflectedContinue reading “Reasons why Ethereum traders can consider going long this week”

As far as DEXes go in the crypto market, Curve Finance is usually spotted among the top-performing exchanges. However, since the past month or so the DEX has been massively underwhelming. The fall from its grace began in Q2 as it led the DEXes, but it has been replaced by Uniswap ever since. Curve’s performanceContinue reading “Curve Finance totals record losses- Assessing potential of its growth”

The latest data surrounding the GameFi industry has raised questions for Avalanche of late. According to DappRadar, GameFi addresses witnessed a significant rise to 1.5 million in the second half of 2021, then declined gradually to around one million. In retrospect, this is a much better performance as compared to DeFi address performance in theContinue reading “GameFi slows down but Avalanche shows signs of resurgence- Here’s why”

Big things are happening in the Polkadot ecosystem as the latest data confirmed growing speculation. Polkadot emerged as the top chain by development activity in the past 24 hours. With an index value of 344, the network heads competitors such as Ethereum, Bitcoin, Solana, and others. High development activity is a signal that the blockchainContinue reading “Everything that Polkadot [DOT] short sellers should know to make profit”