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Read More »Solana’s SOL Gains First Implied Volatility Index: What It Means for Traders
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Read More »New Solana-Based Prediction Market BET Achieves $20M Daily Trading Volume Milestone
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Read More »Pepe (PEPE) Price at Risk of Further Correction Despite Heightened Whale Accumulation
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Read More »Bitcoin Leads with $543M in Inflows Amid Powell’s Jackson Hole Comments
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days. According to CoinShares’ latest edition of Digital Asset Fund Flows Weekly Report, Bitcoin dominated the market, drawing in $543 million in...
Read More »Google Gemini Names Next Crypto to Get an ETF
Alphabet Inc’s Google department is making great strides with its AI chatbot, Gemini. Among Large Language Model AIs (LLMs), it competes with the likes of ChatGPT, Meta AI, and X’s Grok. As such, CryptoPotato decided to inquire about what cryptocurrency could be the next to have an exchange-traded fund in the States to track its performance. Alphabet’s Gemini Gets to Work While Nvidia AI chips are most popular for loading and calibrating AI chatbots, the Mountain View,...
Read More »Dencun’s Aftermath: Ethereum Layer 2s See Surge in Failed Transactions
The Dencun upgrade in March 2024 was a significant milestone for Ethereum, but it also brought about unforeseen challenges, particularly for Layer 2 networks. Christine Kim, a researcher at Galaxy, highlighted that this upgrade inadvertently led to an increase in transaction failures across these networks. Ethereum’s Layer 2 Networks Face Challenges Kim’s August 21 analysis, titled “150 Days After Dencun,” revealed that since the fee-reducing upgrade, there has been a notable...
Read More »Solana-based dogwifhat (WIF) Attempts Bullish Recovery Fueled by Rising Whale Activity
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Read More »McDonald’s Instagram Hacked to Promote Solana-Based Scam Meme Coin ‘Grimace’
McDonald’s Instagram page was reportedly hacked on August 21, leading to a significant scam involving a Solana-based meme coin. The perpetrators exploited the fast-food chain’s social media account to promote a fraudulent token named “Grimace,” referencing one of McDonald’s fictional characters featured in its advertisements. Bubblemaps’ findings reveal that the hacker acquired 75% of the Grimace token’s total supply using the Solana meme coin deployer pump.fun. The attacker...
Read More »Crypto Exchange Bitget Adds Support for PayPal’s Stablecoin PYUSD on Solana
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