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VanEck's report has set an assumption that if Solana becomes the first blockchain to host an application with over 100 million users, the price of SOL could reach $3,211 USD by 2030. VanEck Prices Solana (SOL) to Reach $3,211 by 2030 Introducing the report, the ETF
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Overview On the evening of October 28th, Astrid, a Liquid Restaking solution using EigenLayer technology, suffered a smart contract attack. Key Points Estimated Damage: Initial estimates suggest a loss of approximately $228,000. The detailed vulnerability exploited by the hacker has not yet been disclosed, and further information will be
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The decentralized exchange (DEX) dYdX has rolled out the alpha mainnet for its v4 upgrade and the independent Cosmos SDK-based blockchain dYdX Chain. dYdX Launches Alpha Mainnet for v4 Upgrade and dYdX Chain. Photo: dYdX The dYdX 4 version and the standalone blockchain dYdX Chain based on Cosmos have entered
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The delayed progress on testnet deployments has led Ethereum to postpone the Dencun upgrade to next year. Ethereum Confirms Dencun Upgrade Delayed Until 2024 At the latest scheduled meeting, Ethereum core developers confirmed that the Dencun upgrade will not be rolled out by the end of this year as initially
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Former CFO 0xSifu (sifu.eth) of Frog Nation, who entered a $21 million ETH short position amid the market's uptrend, has begun to unwind his position over the past 24 hours. $21 Million ETH Short Position Slowly Closing 0xSifu, known within the community for his substantial $21 million
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After a prolonged period of dormancy, the once-prominent project Neo has announced plans to embark on a new chapter by developing an Ethereum-compatible sidechain. Neo Announces EVM-Compatible Sidechain According to an announcement posted on X (Twitter), the Neo blockchain project—previously dubbed as "China's Ethereum"—is
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Overview Orbit is a developer support program that enables the creation of custom layer-3 solutions on Arbitrum, one of the largest layer-2 networks today. Key Points * Orbit Program: Launched earlier this year, Orbit allows developers to create their own layer-2 or layer-3 networks on top of Arbitrum. Previously, these networks
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The token price has surged following Binance Labs' announcement of investment in the SocialFi project CyberConnect. CyberConnect Receives Investment from Binance Labs - CYBER Skyrockets Binance Labs, the $9 billion venture arm of the world's largest crypto exchange Binance, has announced an investment in the Web3 social
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CoinGecko and CoinMarketCap, two of the largest market information aggregators, have removed the BUSD logo, replacing it with a gray placeholder, marking the definitive end for the once-popular stablecoin. CoinGecko and CoinMarketCap Remove BUSD Logo, Once-Prominent Gold Stablecoin Now a Thing of the Past. Image Source: PeckShield Approximately 8 months
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Overview Arbitrum Foundation announced the integration of Celestia into its Orbit and Nitro toolkits for Data Availability (DA). Key Points * Diversifying Developer Tools: Celestia’s modular mechanism is expected to reduce costs for applications by offering diverse tools for developers. * Celestia’s Expansion: Recently, Celestia Labs introduced Blobstream, which expands
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The total market capitalization of the cryptocurrency market dropped by 10% in Q3/2023, according to a report from CoinGecko. Crypto Market Cap Decreases by 10% in Q3/2023 and Other Notable Aggregates. Image: CoinGecko The overall market capitalization of the cryptocurrency market reached 119 billion USD in Q3/2023,
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As of the morning of October 24, 2023, the world's largest cryptocurrency, Bitcoin, has surged to a price not seen since early May 2022. Bitcoin (BTC) unexpectedly saw a rapid spike of nearly 10%, rising from $31,600 to $34,741 within just one hour. This marks the