A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
In this week’s edition of The Protocol newsletter, we explain the mechanics (and roots) behind the “data availability” network Celestia, and its new TIA tokens, and turn our eyes to Starknet’s STRK tokens, which aren’t trading yet but are already being awarded to early contributors.
Floki Inu alleges that Bitget created a $10 million hole by selling tokens that it didn’t hold, effectively creating a synthetic short position.
Ethereum has toppled Stellar as the top blockchain for tokenized government bonds while more recent entrants Solana and Polygon also grew.
Bitcoin’s advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally.
“The tokenization industry is projected to be a $16 trillion industry by the year 2030,” Floki lead developer ‘B’ told CoinDesk in a Telegram message.
The token burn comes after concerns were raised over the team’s multisig wallet in August.
Total market capitalization rose 8% to reach levels not seen since mid-August.
LINK surged 9% to $11 Monday, posting one of the best monthly returns among large-cap cryptocurrencies with a 43% gain.
The latest price moves in crypto markets in context for Oct. 23, 2023.