Blockchain

The alleged individual, who launched Caitlyn Jenner’s Solana token, also took over $300K presale funds of an Iggy Azalea coin. Azalea has stated she is not involved and has instead launched her own token. So who is Sahil Arora, the man behind the recent series of celebrity meme coin launches?

PayPal's PYUSD stablecoin expands to Solana, introducing confidential transfers. Solana's native support and token programmability enhance usability. PYUSD gains benefits including reduced development time and broader integration, now with a circulating supply of around $400 million.

NFTs were deemed nearly obsolete after the initial crypto market frenzy subsided. At their zenith, NFTs fetched tens of millions of dollars. However, a study revealed that the trading volume in the NFT market had dropped.

Caitlyn Jenner has acknowledged her association with meme coin adviser Sahil Arora, whom she claims “scammed” her. Despite this, she remains committed to investing in and promoting the JENNER token.

SEA has emerged as a hub for transnational criminal networks, primarily originating from China. These organisations exploit millions of victims globally through sophisticated scams like pig butchering schemes.

Web3 is still in its infancy, contending with critical challenges such as user-friendliness and infrastructure development. So will Web3 fail to realise its transformative potential and let Web2 continue its dominance?

DTCC and Chainlink pilot program enhances fund tokenization with standardized NAV data delivery, prompting broader API solutions and minimal market disruption. Participating U.S. banking firms witness improved data management, while Chainlink's token LINK surges 12.5% in response. The initiative aligns with the trend of real-world asset tokenization in traditional finance.

Degen Chain, a Layer 3 network on Base, restored operations after a 50-hour outage due to block production failure on May 12. Despite a 22% decline in DEGEN price since then, the network aims to address challenges and continue building its ecosystem.

The emergence of crypto has brought about significant changes across multiple industries, including gambling. But with perks like anonymity, faster transactions, and the likes, will crypto trading become a gambling addiction instead?

Cyvers detected a coordinated attack on Sonne Finance and BlockTower Capital, resulting in substantial losses. Sonne's Optimism Market was suspended after a theft of $20 million, while BlockTower suffered partial fund drainage. The incident highlights the ongoing threat to DeFi security.