Crypto News
Solana Announces Recommendations and Measures to Deal With Network Congestion
The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and a series of optimizations to avoid dropping transactions. Also, an improved transaction scheduler is expected to be included in the next update. Solana Foundation MakesSource link
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.Source link
Solana Meme Coin Presales Have Raised $150 Million—What Could Go Wrong?
The increasingly prevalent practice, fueled by meme coin FOMO, is incredibly risky and already drawing red flags due to legal and ethical questions.Source link
GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves. Record-Breaking Outflow Hits Grayscale Bitcoin Trust Grayscale has continued to face outflows, markingSource link
Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources
Polygon once hailed StarbucksSource link