The Solana (SOL) price has witnessed an 11% increase, rebounding to $89.21, following a local low of $78 yesterday. This surge comes amidst a broader market recalibration and can be largely attributed to an announcement from the Solana Foundation…
Uma’s Latest Innovation Oval Promises Fairer Profit Distribution in Defi
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits…
Recovery Dim? Ethereum Faces Potential Slide Towards $2,000
Ethereum, the linchpin of the decentralized application ecosystem, finds itself navigating a precarious path this week. The cryptocurrency’s value, having breached the pivotal $2,250 support level, now teeters on the edge of a decisive…
Ether Options Out of Sync With Bullish Sentiment on Street
The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially…
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