Crypto News
Solana (SOL) Emerges as a New Contender in Real-World Asset Tokenization
Solana is gaining traction in real-world asset tokenization, challenging Ethereum with its fast transaction speeds and low fees, according to Bitfinex. (Read More)Source link
El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction
Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks Pyongyang, claiming the title of the fourth-largest sovereign bitcoin holder.Source link
Binance Square Starts Livestream for Traders, Taking on Other Social Media Platforms
Binance Square, the social network platform rolled out by crypto exchange Binance in October 2022, is launching a livestream product.The feature, Binance said, will provide experienced traders and content creators another means of engaging their audience. Livestreams should foster learning, increase engagement on the platform, and enhance users' market insights.Livestreaming is already a feature on large social media platforms such as X. Notably, the Solana-based token production protocol pump.fun shut down its own livestreaming feature in November after some of its users performed pornographic or dangerous acts. It quietly revived the product in April with additional guardrails.Source link
Coinbase Hit With Class Action Over Alleged Disclosure Failures and Data Breach
Coinbase Global, Inc. and its executives face a class action lawsuit alleging they concealed compliance failures and data security risks that caused shareholder losses, according to a complaint filed Thursday in Pennsylvania federal court. Class Action Claims Coinbase Misled Investors Investor Brady Nessler filed the suit in the U.S. District Court for the Eastern DistrictSource link
Strategy Shrugs Off Lawsuit, Buys Another Half Billion in Bitcoin
Strategy—formerly MicroStrategy—got hit with a lawsuit last week over its Bitcoin-buying scheme. Today, it announced it bought more.Source link