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How is swBTC secured? Why did we build on $WBTC? And how are the allocation decisions made?
The memecoin ‘Resistance Dog’ experienced a market rally, increasing by over 140% on Monday.This surge was triggered after the developers designated it as the official avatar for Toncoin across various community channels.
The market had previously peaked at $167 billion in March 2022.
Ethereum dominance, a measure of the digital asset’s market capitalization relative to the total crypto market cap, has declined by over 1.5% since November 2022.In the same period, bitcoin dominance has increased from 38% to 56% of the total digital asset market today.
Memecoin Sundog rose by 25% on Wednesday as traders test out the recently launched Tron-based token generator SunPump.Solana-based generator Pump.fun has been for several weeks dominating the memecoin space.
McDonald’s Instagram account seemingly hacked to promote Solana token ‘Grimace’NBA All-Star Jimmy Butler and Ben ‘BitBoy’ Armstrong agree to settle Binance-related class action lawsuitBitcoin trades flat following lower U.S. jobs growth revisionThe following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
No matter how smart you are, failing to manage risk means ultimate failure.
- 15:19Sign: Snapshot of On-Chain Asset Collection CompletedOn April 25, according to official sources, the on-chain infrastructure for token distribution, Sign, announced that the snapshot of on-chain asset collection has been successfully completed. SignPass and Seeing Signs completed the snapshot recording at specific block heights.
- 15:19MANTRA CEO: Will Announce Personal OM Holdings Burn Execution Status at TOKEN2049According to official information, MANTRA CEO John Patrick Mullin will deliver a speech at the TOKEN2049 event in Dubai next week, during which MANTRA will also provide an update announcing the new MANTRA ecosystem development and enhanced governance mechanisms, as well as the latest progress on the execution of the burn of his personal OM holdings.
- 15:18Nasdaq Suggests to SEC: Clear Classification of Crypto Assets is Key to Future RegulationNasdaq has sent a letter to the U.S. Securities and Exchange Commission (SEC) cryptocurrency team, suggesting that U.S. cryptocurrency regulation should establish a clear taxonomy of digital assets to help define four major categories of digital assets. Nasdaq believes that precise classification will help determine which institutions are responsible for regulation, noting that securities should be regulated by the SEC, while commodities should be regulated by the Commodity Futures Trading Commission (CFTC). Nasdaq also recommends that the two regulatory bodies establish platform trading rules applicable to multiple categories of digital assets. (CoinDesk)