Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem. Solana layer-2 blockchain Sonic has surpassed a significant staking milestone, announcing a new partnership to promote the growing restaking industry on the Solana network. Sonic, the first gaming-focused Solana Virtual Machine (SVM) L2 network, has partnered with restaking platform...Continue Reading

Cointelegraph Research explores how Polkadot’s innovative architecture and Polkadot 2.0 upgrade improve scalability, interoperability and decentralized governance in the blockchain ecosystem. Polkadot is preparing for its biggest upgrade yet: Polkadot 2.0. The upgrade is expected to roll out in phases throughout 2024 and introduce key features such as Asynchronous Backing, Agile Coretime and Elastic Scaling.  ...Continue Reading

Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch. Stablecoin issuer Tether has announced that its United Arab Emirates dirham-pegged stablecoin will be launched on The Open Network (TON) blockchain.  At the TON Gateway event held in Dubai, Alessandro Giori, Tether’s senior...Continue Reading

The newly launched Society DAO aims to address a wide range of issues related to decentralization and fair access to capital in the TON ecosystem. Telegram-linked blockchain platform The Open Network (TON) is transforming on its path to decentralization, with the TON Foundation officially introducing a new governance model called Society DAO. The TON Foundation...Continue Reading

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report. Institutional investments in Solana-native blockchain applications have seen a resurgence in the third quarter of 2024. During the third quarter, 29 Solana-based decentralized applications (DApps) raised a cumulative $173 million, marking a more than...Continue Reading

An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies.  A recent survey by the cryptocurrency exchange Paribu reveals that some investors in Turkey now prefer cryptocurrencies over traditional investment options like real estate and stocks. The “2024 Cryptocurrency Awareness and Perception Survey”...Continue Reading

The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago. Cryptocurrency hackers strike again, with over $13 million in cyber theft on yet another crypto exchange. Centralized cryptocurrency exchange (CEX) M2 was hacked for $13.7 million worth of digital assets, the exchange shared in an Oct. 31...Continue Reading

A crypto investor’s AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets. A millionaire crypto investor with substantial Aave holdings “sold the dip” for a loss of approximately $222,000 — showcasing a classic case of panic selling amid uncertain market conditions. In mid-October, a crypto wallet associated...Continue Reading

Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total crypto value received worldwide. Decentralized finance-related activity is increasing in Eastern Europe, showcasing continued cryptocurrency adoption, according to the onchain analytics platform Chainalysis. Eastern Europe received over $499 billion worth of cryptocurrency between July 2023 and June...Continue Reading

Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements to its protocol.  Radiant Capital has resumed its Ethereum lending markets following a hack that cost an estimated $58 million in digital assets.  On Nov. 1, the lending protocol announced it had implemented improvements across its framework. This includes transferring...Continue Reading