Crypto News
Alchemy Acquires Solana Developer DexterLab for Undisclosed Sum
Blockchain development platform Alchemy said it has acquired Solana developer DexterLab for an undisclosed fee.The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said in an emailed announcement on Friday.DexterLab's technology has previously powered the Solana development of Google and the Solana Foundation, establishing itself as "a go-to infrastructure provider," according to Alchemy's announcement.One of Alchemy's aims in acquiring DexterLab is to consolidate Solana development alongside that of Ethereum to reduce complexity for projects building across multiple networks. Alchemy may be be attempting to capture the growing prominence of Solana as a preferred venue for blockchain applications.While Ethereum remains comfortably the larger blockchain in terms of total-value locked, there are some metrics where...
Senator Slams Trump’s World Liberty Financial Over ‘Seriously Inadequate’ Response to Inquiry
Earlier this month, Senator Blumenthal launched an inquiry into whether the Trump family’s crypto venture has violated federal laws.Source link
Webull Pay Taps Coinbase for Crypto Trading, Custody Infrastructure
Coinbase will provide cryptocurrency trading, custody, and staking services to Webull Pay through its Crypto-as-a-Service (CaaS) platform starting in June 2025, the two companies announced Friday. Coinbase to Provide Backend Crypto Services for Webull Pay Under the agreement, Webull Pay gains access to Coinbase’s institutional-grade infrastructure, including custody solutions, advanced trading systems, and support forSource link
Coinbase Stock Is Ripping Despite Hack Fears—Here’s Why
Benchmark Equity Research raised its COIN price target to $301 three days after Coinbase’s inclusion in the S&P 500. Source link
Man Who Hacked SEC’s X Account to Pump Bitcoin Gets 14 Months in Prison
An Alabama man will spend 14 months in prison for his role in hacking the SEC’s X account to spread false info about Bitcoin ETF approvals.Source link