The debate over Robinhood Chain's fee structure has expanded from a simple cost argument to a broader discussion involving Solana, Arbitrum, and BNB Chain about who should profit from network activity and how to fund long-term development. Solana's co-founder criticized Robinhood's fee hikes, suggesting cheaper alternatives could subsidize users, while Arbitrum emphasized Robinhood's control over its chain and revenue. BNB Chain highlighted the industry's need to move past just lowering gas fees and focus on sustainable business models that reinvest in technology and growth. This debate reflects differing views on blockchain economics and the future of network funding.
Open interest in Bitcoin (BTC) and four other major cryptocurrencies fell notably within 24 hours, with XRP experiencing the sharpest drop of 7.02% to $415.4 million. BTC open interest declined 6.35% to $7.79 billion, while Ether (ETH), Solana (SOL),...
U.S. spot Bitcoin ETFs experienced a significant outflow of $635.6 million on Thursday, wiping out nearly 60% of the $1.07 billion inflows over the previous three days and turning October net flows negative by about $176 million. Ethereum and Solana ...
Securitize has listed 12 major U.S. stocks, including Apple, Nvidia, and Tesla, as security tokens on the Solana blockchain. These tokens are backed 1:1 by actual shares, providing regulated on-chain access to traditional equities. This move could in...
The total cryptocurrency market capitalization declined by 6.37% to $2.74 trillion as of October 22, with Bitcoin falling 4.04% to $81,255. Other major tokens like Ether, Solana, Dogecoin, XRP, and BNB also saw notable losses, with Dogecoin and XRP d...
J.P. Morgan Asset Management has introduced two tokenized money market funds on the Solana blockchain for qualified US investors, expanding its digital asset offerings beyond Ethereum. The funds, including the My OnChain Net Yield Fund and the JPMorg...
