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Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD on Solana. Paypal Announces Global PYUSD Hackathon … Read more
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness. Go to Source
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second consecutive month … Read more
The “makenowmeme” account on X purportedly provided a way for X users to create memecoins on Solana with a simple post. Go to Source
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it’s too early for traders to expect a short-term trend reversal. Go to Source
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity. Go to Source
Solana price has been on a tear lately, but critics say the network’s dependency on memecoins are a warning sign to keep an eye on. Go to Source
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp, and toncoin achieved modest gains. Crypto Market Dips, Long Positions Lead to $134.65M in Liquidations Bitcoin … Read more
Solana overtakes Ethereum on numerous metrics, but research finds its performance to be inorganic. Go to Source
The price of storing data directly on the blockchain is extremely prohibitive for most users, leading to an overreliance on traditional IT. Go to Source
