Coinbase’s Base layer-2 solution briefly achieved transaction speeds nearing 1,000 TPS, sparking discussions about its potential to compete with Solana. Here’s a breakdown of the news and its implications.
Hyperliquid Whale Loses Nearly $100M as Bitcoin Dips: A Cautionary Tale of Leverage
A high-profile Hyperliquid trader, James Wynn, faced massive liquidations totaling almost $100 million after Bitcoin briefly plunged below $105,000. This event highlights the risks associated with high-leverage trading in the volatile crypto market.
SEC Signals Green Light for PoS Crypto Staking: A Game Changer?
The SEC’s Division of Corporation Finance recently issued guidance suggesting that certain crypto staking activities on Proof-of-Stake blockchains don’t violate US securities laws, potentially impacting the staking landscape.
Panama Considers Bitcoin for Faster Panama Canal Transit: A Game Changer?
The Mayor of Panama City proposes accepting Bitcoin for expedited Panama Canal passage, potentially revolutionizing global trade and crypto adoption.
Bitcoin ETF Outflows Emerge, BlackRock Remains a Beacon
After weeks of inflows, US Bitcoin ETFs experienced a combined outflow. We delve into the details, BlackRock’s resilience, and what this means for the market.