Solana Network’s Transaction Processing Craters After ‘Forking Event’
Validators and Solana Foundation and Labs engineers are investigating the issue.
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Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack
The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds.
Crypto Investors’ $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
The class action lawsuit filed in 2020 alleged that Maker-related entities knowingly misrepresented risks of holding collateral debt positions and caused heavy losses for some users during the March 2020 market crash.
Token Offering of Asset Management Platform Factor Raises Roughly $7.6M
Several hours before the public sale ended, Factor announced changes to decrease the initial circulating supply.
For Solana Users, ‘Priority Fees’ Mean Paying Up to Skip the Line
The network’s developers implemented a new feature last year to let some users to pay extra to avoid congestion. Even the elevated “priority fee” rate is still considered low, so the adoption rate is growing.
SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The government agency not only “piggybacked” off of the DOJ’s case, but is using it as a way to define some tokens as securities, Perianne Boring, the Chamber of Digital Commerce’s founder, told “First Mover.”
EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official
The European Commission plans to set out its policy on virtual worlds in May.
Bitcoin Price Falls Back Toward Week’s Low on Inflation Worry
The PCE price index – the Fed’s favored inflation indicator – for January unexpectedly rose to 5.4%
Electronic Arts Founder Trip Hawkins Joins Web3 Gaming Startup
Trip Hawkins, who founded gaming giant Electronic Arts, is taking on the role of Chief Strategy Officer for Web3 company, Games for a living.