Solana whales buy BOME amid market crash: A sign of recovery?

BOME was up by over 5% in the last 24 hours. Technical indicators looked bearish on the memecoin. Last week’s stock market downturn sparked fear and pessimism among investors as most cryptocurrencies experienced significant losses. Amidst the chaos, some larger investors, or “whales,” took advantage of the situation by purchasing more of certain cryptocurrencies at … Read more

Scam crypto projects using stolen funds for liquidity disappear

Three cryptocurrency initiatives vanished from the web shortly after blockchain analyst ZachXBT identified their liquidity as being linked to stolen funds from prior hacking incidents. On the 14th of April, ZachXBT discovered a wallet containing ill-gotten gains, which was supplying liquidity to three emerging crypto projects: Leaper Finance on Blast with a following of 1,800, … Read more

Germany’s largest federal bank to offer crypto custody services: Report

In the latter part of 2024, Germany’s biggest regional bank, Landesbank Baden-Württemberg, plans to initiate the provision of services for securely holding and managing cryptocurrencies. Institutionally focused crypto custodial services, provided by the bank in collaboration with Austrian cryptocurrency exchange Bitpanda based in Austria, will soon be available. According to Jürgen Harengel, the managing director … Read more

How Solana developers are tackling network congestion challenges

The Solana Foundation attributes the recent network congestion problems to a high number of requests for block space along with delays in applying necessary patch updates for its networking infrastructure. During an exclusive interview with CryptoMoon at Paris Blockchain Week, Austin Federa, the strategy lead at Solana Foundation, discussed their initiatives to tackle recent problems … Read more