Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based infrastructure for global remittances and settlements. This partnership aims to explore whether stablecoins can make overseas transfers faster and cheaper while integrating with existing banking services. The move aligns with South Korea's evolving regulations on virtual asset transfers, expected to take effect in December. Toss Bank's testing phase will assess blockchain payment models and potential future digital asset services, but no live service launch date has been announced yet.
A newly funded wallet deposited 6.68 million USDC to the Hyperliquid trading platform and opened highly leveraged 20x short positions on Bitcoin, Solana, and Ethereum. This concentrated bearish trade is notable for its size and leverage but is based ...
HYPE ETFs attracted $31.4 million in net inflows over the past week, representing 0.208% of its market cap, significantly higher than Bitcoin and Ethereum, which recorded net ETF outflows. Solana also saw positive but much smaller inflows relative to...
Nearly $404 million in leveraged crypto positions were liquidated in 24 hours, mostly from short sellers as Bitcoin and Ethereum prices rose modestly. About 72% of liquidations were shorts, indicating a short squeeze that forced bearish traders out. ...
The crypto market remains stable with Bitcoin around $64,143 and Ethereum near $1,730, while Solana leads with notable gains amid renewed geopolitical tensions following Iran's announcement to close the Strait of Hormuz. This strait is a critical oil...
Solana (SOL) surged nearly 5% on June 20, outperforming major altcoins and breaking above $170 resistance. The rally, initially sparked by social media buzz, gained credibility as a whale bought $16.55 million worth of SOL and upcoming tokenomics cha...
