Optimism has decided to move 546.9 million OP tokens originally intended for future airdrops into its ecosystem growth fund. This strategic shift aims to better support the development and expansion of the Optimism network by allocating more resources to ecosystem projects and initiatives. The move could enhance the platform's long-term sustainability and foster innovation within its community.
The SEC and CFTC have jointly classified 16 digital assets, including XRP and SOL, as commodities, marking a significant regulatory shift in the US crypto market. This move is part of broader efforts including proposed SEC rules on crypto investment ...
Betting markets on Polymarket now assign a 59% probability that Bitcoin will reach $80,000 before the end of August, up sharply as Bitcoin surged over 21% this month to around $77,000. The rally was sparked by the US Treasury doubling bond buybacks, ...
Solana's price surged over 5% to $91.28, reaching above $90 for the first time in over three months, driven by the largest net inflows into U.S. spot Solana ETFs in three weeks totaling $14.59 million. This inflow boosted market liquidity and investo...
Two Solana-based meme coins, Jimothy The Raccoon (JIMOTHY) and Bullshit Coin (BULLSHIT), surged 41% and 21% respectively following a viral post by a SpaceXAI manager calling the crypto community 'insane.' The post triggered a flood of replies promoti...
South Korean financial firm Shinhan Asset Management has introduced a pilot tokenized fund on the Solana blockchain, denominated in Korean won and focused on ultra-short-term bonds for offshore investors. This project replicates BlackRock's successfu...
