In a surprising turn of events, the Solana network has outpaced Ethereum in monthly decentralized exchange (DEX) volume for the month of July. According to DefiLlama data, Solana’s DEX transactions reached $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This marks a significant milestone for Solana, as it secures its position in the
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The world of digital assets regulation is constantly evolving, with new challenges and opportunities emerging every day. In a recent interview, Joey Garcia, Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, shared his experiences and insights into the development of regulatory frameworks for digital assets. Founding a Regulatory Framework Joey Garcia’s
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Ethereum experienced a 3% loss in value this week, failing to regain its previous support level of $3,300. The current key support is now at $2,800, with the possibility of further decline if market sentiment remains bearish. The MACD and RSI indicators indicate a bearish momentum, suggesting that sellers are currently dominating the market. Until
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Recently, there have been accusations made against the popular crypto exchange Coinbase regarding potential breaches of campaign finance laws. These claims were brought forward by crypto researcher Molly White, who raised concerns about the platform’s $25 million donation to Fairshake, a crypto Super PAC. White suggested that this donation may have violated campaign finance rules,
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The decentralized finance (DeFi) sector is currently experiencing a significant resurgence, with key metrics such as active loans and total value locked (TVL) showing growth from their lows in 2023. DeFi lending plays a crucial role in allowing investors to lend their crypto assets in exchange for interest, serving as a barometer for DeFi participation
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Coinbase has reported impressive total revenue figures for the second quarter, surpassing the market consensus estimate. With a total revenue of $1.449 billion, the exchange has demonstrated significant growth compared to the same period last year. The company’s net income also experienced a positive turnaround, recording a net income of $36 million, a notable improvement
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