Author: e_cash_top

[ad_1] Asset management firm VanEck believes Solana could see a 10,000% growth in value by 2030 if the blockchain attracts 100 million users, according to a new research report. The most striking prediction from the report suggests that SOL could experience a 10,600% price rally by the year 2030, potentially reaching $3,211.28 per token. Comparatively,…

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[ad_1] Sam Bankman-Fried (SBF) took the stand again on Oct. 27 — this time in front of a jury — and told the courtroom that he had been blindsided by the $8 billion shortfall that led to FTX and Alameda Research’s collapse. The former billionaire testified and went through a thorough cross-examination on Oct. 26…

[ad_1] The GAM3 Awards, known for its recognition of excellence in web3 gaming, is entering its second year. Set for Dec. 14, the ceremony will celebrate the industry’s finest across an array of categories. The awards ceremony is organized by GAM3S.GG, a platform that has styled itself as “the home of web3 gaming”, and Magic…

[ad_1] Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission (SEC), dissented from the agency’s case against LBRY on Oct. 27. LBRY Inc., the firm behind the LBRY blockchain and content-sharing network, announced on Oct. 19 that it would not appeal its loss in the case, marking a formal end of proceedings. The…

[ad_1] Sam Bankman-Fried, the co-founder and former CEO of FTX, continued to provide testimony in his criminal case on Oct. 27, in which he described how FTX and its sister firm, Alameda Research, began as small but ambitious operations that eventually collapsed. Bankman-Fried testified that he launched Alameda because of the growing popularity of cryptocurrency…

[ad_1] Quick Take Crypto.com has recently experienced an unprecedented influx of Bitcoin, with the volume reaching around $50 million. Compared to the inflows seen by larger exchanges in recent weeks, this may not seem significant. However, this surge underlines a noticeable trend of increased activity even on smaller exchange platforms. Exchange Netflow: Crypto.com (Source: Glassnode)…

[ad_1] Around 5,000 Coinbase users have signed up as potential amicus curiae in the legal battle against the U.S. Securities and Exchange Commission (SEC), according to pro-XRP lawyer John Deaton. In an Oct. 27 post on X (formerly Twitter), Deaton revealed that he would file the amicus curiae brief on behalf of these Coinbase users…

[ad_1] Gemini Trust Co. filed suit against troubled digital asset lender Genesis Global Capital on Oct. 27, seeking to recover $1.6 billion in collateral for Gemini customers trapped when Genesis halted withdrawals in November. The lawsuit filed in bankruptcy court alleges Genesis improperly withheld collateral that was supposed to backstop loans Gemini users made through…

[ad_1] While Bitcoin’s price saw a substantial increase in the past two weeks, there was a simultaneous decrease in the creation of new addresses and the transaction count on the network. Between Oct. 15 and Oct. 27, Bitcoin’s price surged from $27,140 to $34,160. Historically, such price upticks are accompanied by heightened network activity, as…