The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once. The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its...Continue Reading

A Coinbase spokesperson cleared some of the confusion after a circulating rumor suggested that it would be shuttering all services for Indian customers. Coinbase has provided information that seemingly contrasts a media report suggesting that it would soon halt all operations for its Indian customers. According to a Sept. 11 report from TechCrunch, Coinbase India...Continue Reading

Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021,...Continue Reading

Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines. Smart contract layer-1 blockchain network Avalanche’s testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade. Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the...Continue Reading

Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives. The future of blockchain will be an interoperable one — with the death of “chain tribalism,” the proliferation of “hundreds of chains” along with an end to cross-chain bridge hacks, according...Continue Reading

User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week. Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.  Only two weeks ago, critics declared the platform “dead” after activity on the app...Continue Reading

The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns. Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in LDO’s token contract. Lido didn’t confirm...Continue Reading

FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back. Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last...Continue Reading