During an extraordinary investors’ meeting on June 17, Delio CEO Jung Sang-ho explained that the firm would resume withdrawals, albeit with no fixed schedule at the time. On June 27, the company began opening withdrawals for a portion of its staking services.Continue Reading on Coin Telegraph More
Per the data embedded in the screenshot shared by Sol Bulletin, Solana’s NFT trading volume topped $25.5 million in a 24 hour range while that of Ethereum was pegged at $24.5 million. Notably, this bullish growth milestone is the first time Solana will be beating Ethereum in terms of total NFT trading volume.Data from DefiLlama pegs the total value locked (TVL) on Ethereum at $26.7 billion, a figure that surpasses more than half of the entire industry TVL. Solana’s TVL, on the other hand, is pegged at $265.57 million.Their respective market capitalization is also a major distinguishing metric, with Ethereum’s pegged at $231.17 billion while that of Solana is pegged at a mere $7.38 billion.Ethereum has been tagged as the most liquid blockchain for smart contracts, and while Solana is an able contender, it is still miles apart. While Ethereum dominates in many ways, Solana’s developers are arguably more laser focused on introducing unique real world utility into the protocol, which has led to the of the Saga Mobile Phone.This article was originally published on U.Today More
In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its stockholders had approved the merger for the firm to act as a special purpose acquisition company for Bitcoin Depot. The deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot on the Nasdaq starting July 3.Continue Reading on Coin Telegraph More
Even if blue-chip NFTs are typically thought to be more stable and attractive due to their scarcity and established market demand, NFT investments should be made cautiously. Market turbulence, the potential for price changes, and the possibility of fraudulent or subpar NFT projects are a few risks. Continue Reading on Coin Telegraph More
The order was issued by Judge Martin Glenn, and the liquidations will pave the way for the distribution of the funds to creditors in the near future.Continue Reading on Coin Telegraph More
The FedNow service stated that some organizations not on the list may be integrated later, and Metal Blockchain said it still intends to connect with the platform once it gains “the appropriate bank sponsor.”Continue Reading on Coin Telegraph More
Data from Cointelegraph Markets Pro and TradingView showed BTC price action hurtling downward, briefly reaching $29,500.Continue Reading on Coin Telegraph More
The second quarter of 2023 saw over $208 million exploited and hacked from DeFi protocols, and with just $4.5 million of funds recovered, total losses to exploits were over $204 million.Continue Reading on Coin Telegraph More
