Solana’s slowdown: Exec reveals what’s clogging the network

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Solana faced a surge in transaction failures, prompting worries regarding its network activity. Experts emphasized that Solana’s underlying protocol remains highly efficient. Lately, there have been many unsuccessful transactions on the Solana [SOL] network, causing worry among users about its capacity to manage heightened network usage. This issue has ignited discussions among the community regarding … Read more

Bitcoin bounces back as Grayscale ETF outflows hit new record low

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The amount of Bitcoin leaving the Grayscale Bitcoin Trust (GBTC) has reached a fresh low, dropping nearly 90% compared to the previous day. This decrease occurred simultaneously with Bitcoin’s price bouncing back following the release of new US inflation figures, causing market turbulence. On April 10, there was a withdrawal of approximately $17.5 million from … Read more

Binance’s US settlement was a ‘turning page,’ says exec

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Last year, Binance marked a significant milestone with a historic $4.3 billion settlement with US authorities. According to Catherine Chen, the exchange’s head of institutional and VIP clients, this event signified a new chapter for Binance as they embrace the approaching regulatory wave. Binance entered into an agreement as part of its settlement that involved … Read more

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners

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Paraguayan senators have put a hold on the advancement of the recent proposal to prohibit cryptocurrency mining. Now, government officials are reconsidering the possibility of letting miners buy surplus energy from Itaipu hydroelectric power plant instead of selling it to Brazil and Argentina as before. In a Senate session on April 10, Senator Lilian Samaniego … Read more