Solana (SOL) maintained its position as a top altcoin with a market cap of about $39.5 billion, even as a $2.4 million hack of a Cardano-linked wallet raised concerns about third-party security risks. The incident did not affect Solana's protocol but highlighted risks from external wallet providers. Trading volume for SOL surged 83% to $3.43 billion, mostly on centralized exchanges, signaling strong market interest despite recent price declines. Investors are reminded that blockchain security does not guarantee safety if third-party services are compromised.
Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...
PAX Gold (PAXG), a gold-backed token regulated by the OCC, is now available for trading on Jupiter, Solana's leading decentralized exchange aggregator. This integration was enabled by Sunrise DeFi, which streamlines asset onboarding on Solana, allowi...
Bitcoin dropped to around $58,200, its lowest level this year, following US inflation data revealing the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to its highest in over three years at 4.1% y...
Solstice and TensorX have partnered to create a $1 billion financing facility aimed at expanding AI hardware and data center capacity across Europe. This initiative addresses the growing demand for sovereign AI compute resources hosted locally, ensur...
On June 23, U.S.-listed XRP spot ETFs saw a $2.05 million net inflow, led by Grayscale’s GXRP, while most other major altcoin spot ETFs recorded flat flows, indicating cautious investor demand. XRP ETFs remain a significant altcoin segment with $1.46...
