Month: November 2024

In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB. Solana Surpasses BNB, Trounces Ethereum in October Solana, considered by some as one of the largest […] Source: https://news.bitcoin.com/vires-in-numeris-ethereums-main-rival-grows-in-october-flips-bnb-to-become-the-fourth-largest-token/

Riccardo Sibani, Chief Product Officer (CPO) at the Web3 gaming platform My Neighbor Alice, believes the hype surrounding Web3 gaming has cooled due to unfulfilled promises and unrealistic expectations. Web3 Gaming Needs Time to Deliver on Promises Sibani, a blockchain developer, further argues that the mismatch between retail and traditional investor expectations has contributed to […] Source: https://news.bitcoin.com/web3-gaming-hype-fizzles-developer-blames-unrealistic-expectations/

A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota. Armbrust, who resigned from his job at Digital River, allegedly accessed the company’s Amazon […] Source: https://news.bitcoin.com/former-employees-hidden-code-turns-workplace-into-crypto-mine/

The U.S. Securities and Exchange Commission has filed a motion in the Northern District Court of California, seeking to dismiss key defenses presented by Kraken in an ongoing legal dispute between the pair. The regulatory watchdog contends Kraken had received prior fair notice when it charged the exchange with violating securities laws by offering crypto assets as “investment contracts,” according…

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