Solana co-founder Anatoly Yakovenko cast doubt on the decentralization and security of Ethereum’s layer-2 (L2) scaling networks during a heated debate on Sunday. Layer-2 scaling networks feature a huge attack surface and code bases so large that they cannot be properly audited for software bugs. User funds can also be shifted from L2s, which rely…
A proposed XRP Ledger amendment, Batch (XLS-56), is generating excitement among developers and validators alike. One pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev net, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be bundled and executed automatically. The amendment, according to Vet, enables…
Reddit has accused artificial intelligence firm Perplexity of data scraping. According to reports, the platform filed a lawsuit against Perplexity for continuing to use its content to train its AI model despite prior warnings not to scrape the platform’s content. As AI systems increasingly rely on publicly available online content to train and generate answers,…
In crypto, real fortunes are made before the hype hits. Before charts explode and the noise gets deafening, there’s always that quiet phase where sharp eyes spot opportunity early. That moment belongs to $HUGS, a brand-new presale from the creators of the global Milk Mocha sensation. With a fanbase of over 25 million, $HUGS isn’t…
Ripple’s annual Swell conference has taken on an unprecedented level of significance this year after it was revealed that a… For the full story, head over to TheCurrencyAnalytics.com.
Opinion by: Rachel Lin, co-founder and CEO at SynFutures DeFi has come a long way since the boom-and-bust cycle of 2020’s DeFi Summer. Much of the surge in the early days was fueled by experimentation, hype and unsustainably high incentives. Five years on, DeFi’s foundations look very different. The past year’s experimentation is a quiet…
Major cryptocurrencies are trading higher, with key events, including Federal Reserve (Fed) and Bank of Japan (BOJ) rate decisions, and earnings reports from influential Mag 7 stocks lined up for the week ahead. Fed likely to cut rates The Federal Reserve is widely expected to cut its policy rate by 25 basis points to 4%…
Solana’s price chart is showing a symmetrical triangle pattern, a technical formation that is often interpreted as a precursor to a potential breakout. The asset is currently trading near $190, with key resistance levels identified at $212and $255, and support levels at $149 and $104. A decisive move above the upper resistance could be viewed as a signal for an accelerated rally….
The cryptocurrency market continues to face turbulence, and XRP has been at the center of attention this month. Fox Business… For the full story, head over to TheCurrencyAnalytics.com.
Key points: Bitcoin brings upside volatility into the weekly close with a charge through $112,000 resistance. Traders hope for new local highs next as the BTC price recovery continues. The US Federal Reserve is tipped to cut interest rates again next week. Bitcoin (BTC) challenged $112,000 into Sunday’s weekly close as traders hoped for new…
