A low-cap Solana-based (SOL) altcoin has more than doubled up in value over the last week as Bitcoin (BTC) regains the $21,000 level. Decentralized exchange (DEX) platform Serum (SRM) has shot up 130% over the last seven days after suffering through the collapse of crypto exchange FTX, which it heavily relied on. According to a […]
The post Project Built on Ethereum Rival Solana Explodes 130% in Just One Week As Bitcoin Regains $21,000 appeared first on The Daily Hodl.
The founder of Ethereum (ETH) is offering words of encouragement to the developers of rival smart contract platform Solana (SOL) as its bear market struggles continue. The former billionaire says that since the “awful opportunistic money” has been washed out of Solana, the blockchain’s future looks bright and he hopes they thrive from here on […]
The post Ethereum (ETH) Founder Vitalik Buterin Offers Support for Solana Developers As SOL Stumbles Into 2023 appeared first on The Daily Hodl.
Smart contract platform Solana (SOL) and other digital assets associated with it continue to freefall as a crypto exchange platform announces it’s going to delist them. According to crypto reporter Colin Wu, crypto exchange Matrixport will delist SOL and its accompanying digital assets starting December 30th, a move that sent the already-ailing cryptocurrencies on another […]
The post Solana and Associated Tokens Down Over 96% From All-Time Highs As SOL Gets Delisted From Crypto Exchange appeared first on The Daily Hodl.
Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s down 94.9% since the all-time […]
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro, SBF explained that auditors were looking at FTX’s corporate financials, but the auditors were “not looking […]
The Solana (SOL)-based decentralized exchange (DEX) Serum (SRM) is updating its community as it faces fallout from the FTX collapse. According to the Project Serum Twitter account, Serum’s mainnet is defunct after the disintegration of FTX left its security permanently compromised. “What’s next for ProjectSerum: With the collapse of Alameda and FTX, the Serum program […]
The post Solana-Based Crypto Project Serum (SRM) Says It’s ‘Defunct’ After FTX and Alameda Collapse appeared first on The Daily Hodl.
A popular crypto analyst is laying out his predictions for Solana (SOL) and a handful of other altcoins after this month’s digital asset market fallout. The pseudonymous trader Altcoin Psycho tells his 10,700 YouTube subscribers that if Bitcoin’s (BTC) price stays stable, SOL could jump up to $17 before breaking back down again. Overall, he […]
The post Analyst Predicts Aftermath for Solana, Serum, Sushi and FTT Following Downfall of FTX and Sam Bankman-Fried appeared first on The Daily Hodl.
The exploiter responsible for siphoning millions of dollars in ERC20 tokens and ethereum from FTX has added more ether to the entity’s holdings. The wallet is now situated in the top 30 largest wallet positions in terms of ethereum holdings. The address dubbed the “FTX Accounts Drainer” now holds 250,735 ethereum on Saturday, Nov. 19, […]
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by the blockchain intelligence firm Elliptic explains that out of “more than $663 […]
New documents reveal that bankrupt crypto exchange FTX reportedly had liabilities 10x larger than the value of all of its liquid assets combined prior to its implosion last week. According to a recent report by the Financial Times, FTX’s balance sheet reveals the extent of the embattled crypto exchange’s outstanding debt. The document shows that […]
The post Bankrupt FTX Had $9,000,000,000 in Liabilities With Only $900 Million in Liquid Assets Prior to Collapse: Report appeared first on The Daily Hodl.
