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Investors File Lawsuit Against Solana Labs Alleging SOL Is ‘Highly Centralized’ Unregistered Security

Investors File Lawsuit Against Solana Labs Alleging SOL Is ‘Highly Centralized’ Unregistered Security

A class-action lawsuit has been filed against layer-1 blockchain Solana (SOL) on the grounds that the smart contract platform is not as decentralized as advertised. In a court filing dated July 1st, Solana investor Mark Young alleges SOL cannot fit the definition of “decentralized” when nearly half of its supply is in possession of people […]

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Funds Lost in Crypto Hacks Witnessing Downtrend As Industry Adopts Stronger Security Measures, Says Binance

Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’

Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says ‘On Big Swings, More Volume […]

Funds Lost in Crypto Hacks Witnessing Downtrend As Industry Adopts Stronger Security Measures, Says Binance