In April, Solana network participants implemented an emergency upgrade to address a serious security vulnerability that could allow attackers to mint and steal tokens. Nonetheless, the coordinated effort to execute the mitigation measures and patch the vulnerability has raised concerns about the network’s level of decentralization. Solana’s Quiet Emergency Upgrade Raises Concerns Among Crypto Actors…
The legendary investor, at one time the richest man on the planet, once called bitcoin “rat poison.” Buffett Exits CEO Role at Berkshire Hathaway, Successor Named Efficient market theory posits that it’s impossible to consistently beat the market, but Warren Buffett, CEO of holding company Berkshire Hathaway, may be a rare exception to that rule,…
The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50%…
Citing the growth in total tax collections in the first quarter of 2025, Finance Secretary Ralph Recto withdrew the Department of Finance’s proposal to increase capital gains tax, donor’s tax, and estate tax. GROWTH Bill Withdrawal In a statement, Recto said the government is not planning to introduce new taxes; instead, the department will focus…
While Bitcoin still dominates attention, climbing towards the $100,000 achievement, the viewpoint for many altcoins seems significantly more unclear. Even though Ethereum has stayed positive this week, many smaller tokens have had a tough time. This pressure might increase soon with more token unlocks coming up. In the upcoming days, a chain of unlock events…
The U.S. has unveiled a sweeping draft crypto bill that redefines digital asset oversight, igniting momentum for regulatory clarity, investor protection, and global market leadership. New US Crypto Asset Bill Draft Drops: ‘We Made Historic Progress’ The U.S. House Committee on Financial Services released a statement on May 5, unveiling a draft bill proposing a…
Main Takeaways:- Ethereum’s on-chain support and climbing mood indicated a potential upward momentum. Leverage and resistance at $1,867 sparked price swings during breakout efforts. New Wallet Expansion Signals Ethereum’s Ongoing Network Strength Ethereum’s network key indicators indicate a resurgence of on-chain engagement. New addresses saw significant growth of 70.09% in the past seven days, while…
DeFi Development Corp. (Nasdaq: DFDV), a real-estate software firm and Solana-focused treasury company, announced Monday it has agreed to acquire a Solana validator business with an average delegated stake of 500,000 SOL ($75.5 million) for $3.5 million. $3.5M Deal: DeFi Development Corp. Bolsters Solana Treasury Strategy The deal, according to the release published on Monday,…
Main Takeaways:- Bitcoin’s positive outlook will likely stay strong if the price stays above the 20-day average of around $92,000. Other altcoins indicate bullish chart patterns in the 4-hour and 1-day duration. Bitcoin has lost some of the gains from the weekend and has dropped back to the $95,000 level. Buyers need to keep the…
BitcoinOS reports that it has successfully executed the first-ever bridgeless cross-chain transfer of bitcoin, moving 1 BTC between the Bitcoin and Cardano blockchains without relying on traditional intermediaries. Bridgeless Era Begins: BitcoinOS Transfers BTC to Cardano Using ZK Proofs The demonstration, conducted on mainnet, marks a pivotal advancement in blockchain interoperability. By wrapping 1 BTC…
