News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Quick Take Bier joined Solana Labs as an advisor in March to assist app launches and product development. The serial entrepreneur previously launched social media platforms TBH Gas, acquired by Facebook and Discord, respectively.
Quick Take Robinhood launched over 200 tokenized U.S. stock and ETF tokens for EU users during its “To Catch a Token” event on Monday, offering 24/5 trading, dividend support, and zero commission. Ripple, Peersyst, and Axelar have launched the XRPL EVM Sidechain on mainnet, enabling Ethereum-compatible smart contracts within the XRP Ledger ecosystem.
Quick Take “Coming Wednesday: The First-Ever Staked Crypto ETF in the U.S.!” the firm said on Monday. The SEC is also currently reviewing a proposal to convert Grayscale’s Digital Large Cap Fund and faces a deadline on whether to approve the fund to list and trade on Wednesday.
- 06:39Solayer launches cross-chain bridge sBridgeOn August 27, Solana Virtual Machine (SVM) Solayer announced the launch of sBridge, a cross-chain bridge with dedicated SVM semantics. Both SOON and Sonic now support sBridge. sBridge directly connects Solana to InfiniSVM and other SVM chains, enabling seamless real-time liquidity and asset transfers without the need for EVM detours.
- 06:32Statistics: 4 whale addresses manipulated XPL prices and made a total profit of $47.72 millionChainCatcher news, according to statistics from Spot On Chain, four whale addresses that manipulated the price of XPL on the Hyperliquid platform made a total profit of $47.72 million, detailed as follows: 0xb9c (main coordinator): +$15.11 million; 0xe41: +$12.97 million; 0x006: +$10.52 million; 0x894: +$9.07 million. Notable victims' losses: 0xC2Cb: -$4.59 million; 0x64a4: -$2 million.
- 06:32US prosecutors appeal sentences of two HashFlare Ponzi scheme founders, argue for 10-year imprisonmentChainCatcher news, according to Cointelegraph, U.S. prosecutors have appealed the sentencing of the co-founders of the crypto mining service company HashFlare. Prosecutors believe that HashFlare founders Sergei Potapenko and Ivan Turõgin should be sentenced to 10 years in prison and have filed an appeal regarding this. HashFlare is a $577 million Ponzi scheme company. On August 12, Seattle federal court judge Robert Lasnik sentenced the two to time served, fined them $25,000, and required them to complete 360 hours of community service during supervised release. It is expected that their sentences will be served in Estonia. The two were arrested in October 2022 and detained in their home country of Estonia for 16 months. In May 2024, they were extradited to the United States, where they pleaded guilty to conspiracy to commit wire fraud.