A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the […]
Bitcoin experienced outflows of $457 million in the past week, marking the first significant withdrawals since early September. CoinShares interpreted this figure as profit-taking after BTC tested the key psychological level of $100k. Short-Bitcoin products saw a modest inflow of $0.5 million during the past week. On the other hand, altcoins mostly attracted inflows, including […]
SecondLane, a private markets trading platform, has listed a 1% equity stake in Pump.fun for $15 million. This puts Pump.fun’s fully diluted valuation (FDV) at $1.5 billion. Token Launch and New Trading Features The stake can be purchased on SecondLane’s web app and through its Telegram channel, where new offerings are regularly announced. Pump.fun, which […]
Prominent blockchain detective ZachXBT has uncovered a hacking spree targeting popular accounts on X and Instagram, which fueled a wave of pump-and-dump schemes linked to meme coins launched on Pump.fun. Celebrities such as musicians Usher and Wiz Khalifa, actor Dean Norris, as well as a Japanese public aquarium fell victim to these attacks. Hacks Targeting […]
Solana has started the new week by reaching a new milestone: the monthly trading volume in its decentralized exchange (DEX) ecosystem has surpassed $70 billion for the first time in the network’s history. The uptick in monthly trading activity was pushed by consistently high daily volumes, including breaking past $5 billion for three consecutive days. […]
Phantom, a Solana-based decentralized finance (DeFi) wallet, has issued an urgent update for its iOS app. This follows reports that a bug unexpectedly logged some users out of their accounts. The glitch prevented several iOS customers from accessing their wallets unless they had backed up their recovery phrases. Users Locked Out of Their Wallets “We’re […]
VanEck has introduced staking for its Solana Exchange Traded Note (ETN) in Europe, which currently has assets under management (AUM) totaling $73 million. The Solana ETN, which trades under the ticker VSOL, will now enable investors to benefit from staking rewards that will be accrued and reinvested daily. A Non-Custodial Staking Model The announcement was […]
An analysis by market intelligence platform IntoTheBlock has discovered the number of daily active addresses for major cryptocurrencies. This metric offers insights into the intensity of user activity on these networks. According to data gathered by IntoTheBlock, these crypto assets include large-cap altcoins like Solana (SOL), meme coins like Dogecoin (DOGE), and the largest of […]
Solana’s biggest decentralized trading platform, Jupiter Exchange, has taken over SolanaFM, a leading Solana blockchain explorer. The parties have described the move as a way to speed up development in their data and infrastructure capabilities in order to improve their functionalities for the Solana community. Optimism About the Acquisition In an X post published on […]
Solana Labs’ mobile subsidiary, Solana Mobile, has announced the launch of its second crypto-focused smartphone, the Seeker, which will ship in 2025. The new device, unveiled during the Token2049 event in Singapore, promises hardware and software improvements over its predecessor, Saga. Seeker’s Capabilities “We’ve been deep in build mode for months, and we’re excited to […]