Robinhood Chain, an Ethereum Layer 2 built on Arbitrum Orbit, generated $2.66 million in app revenue in 24 hours, surpassing Ethereum's $1.27 million and Hyperliquid's $1.7 million. Most revenue came from memecoin trading platforms GMGN and Pons, indicating speculative trading dominates current activity. The chain retains 89% of fees, with only a small portion going to Arbitrum and Ethereum, raising questions about Ethereum's economic model. Robinhood Chain's rapid growth highlights the potential of modular blockchain design and Orbit technology for new institutional chains.
Solana (SOL) saw a significant 46% price increase in August, ending a ten-month decline and reaching its highest point since January. This surge is attributed to substantial institutional investment, with US spot Solana ETFs accumulating $1.34 billio...
Amgen's Repatha (evolocumab) significantly reduced all-cause and cardiovascular death risk by 20% in over 12,000 high-risk patients without previous heart attack or stroke, according to the Phase 3 VESALIUS-CV trial. The benefit emerged after 1.5 yea...
Binance Coin (BNB) surged above $700 in late August, gaining 18% in a week amid bullish market sentiment and strong trading volume. Technical analysts highlight $725 as a key resistance level; breaking it could trigger more buying, while support lies...
Defence Therapeutics, a biotechnology company, is expanding its radiopharmaceutical development program to include both alpha and beta-emitting radioisotopes. This move aims to broaden the capabilities of its proprietary Accum® technology, which is d...
Bitcoin traded near $77,900 on Aug. 31, showing resilience despite renewed US-Iran conflict that pushed oil prices above $90 and pressured global stocks. BTC gained about 23% in August, outperforming gold and Nasdaq. The Federal Reserve's hawkish sta...
