On December 24, KickStreaming, an online streaming platform, reportedly suffered a cybersecurity breach as its official X account was hacked to promote fraudulent Solana-based scam tokens. JUST IN: Streaming platform Kick X has been hacked and is spamming Solana meme coin scam links pic.twitter.com/qBlWcLQnl6 — BlockNews (@blocknewsdotcom) December 24, 2024 ...
The cryptocurrency landscape is undergoing a profound transformation, driven by a geographic shift in developer activity and the rise of emerging blockchain ecosystems. Electric Capital’s latest annual developer report reveals that Asia now accounts for a staggering 32% of global crypto developer activity—a remarkable leap from just 12% in 2015. ...
Zeus Network has officially launched ZeusNode, a new infrastructure built on the Solana Virtual Machine (SVM), to enhance Bitcoin liquidity on Solana’s blockchain. The network also unveiled its complete roadmap for integrating Bitcoin liquidity seamlessly, with the first epoch already underway. The Guardian program introduces two types of validators: regular ...
DeFi protocol Sky, formerly Maker, has launched its stablecoin, USDS, on the Solana blockchain. Announced on November 19, the rollout establishes USDS as Solana's first major DeFi-native stablecoin, broadening opportunities for lending, borrowing, and trading within the ecosystem. Sky described the launch as a pivotal step in its mission to ...
The Solana price has recently broken out of the long-term downtrend, giving hope for a decent rally in the coming few months. However, a new altcoin is rising quickly and gaining popularity among traders for its tremendous growth potential. Let’s examine the Solana price action and the new altcoin to ...
Solana-based DeFi wallet provider Phantom has released an emergency update for its iOS app after users reported potential security vulnerabilities. The reports, which surfaced across social media and online forums, were majorly about unexpected app resets that left some unable to access their wallets without their recovery phrases. The wallet ...
Layer 2 blockchain network Eclipse, one of the most anticipated network launches of the year, officially went live for public use on November 7, after 11 months of beta testing. Eclipse is pioneering a hybrid approach that leverages the Ethereum mainnet's security and Solana's high-speed transactions. Specifically, it allows users ...
Altcoins could be in for a challenging period ahead if historical patterns in market cycles are repeated, according to crypto analyst and ITC crypto founder Benjamin Cowen. Cowen shared in a recent post on X that a significant "altcoin reckoning" could be approaching as trading pairs between altcoins and Bitcoin ...
In the final week of September 2024, decentralized exchanges (DEXes) on Solana saw a notable 45.74% increase in trading volume, surpassing $7.87 billion in total trades. This surge underscores Solana's growing prominence in the DeFi sector, especially in comparison to Ethereum, which registered a modest 1.3% rise over the same ...
Bitget has teamed up with Solayer, a Solana staking platform, to launch a liquid staking offering for Solana (SOL). According to a press release shared with DeFi Planet, this new service enables users to stake their SOL tokens using BGSOL, a liquid staking token. BGSOL enables SOL holders to earn ...
