Auto Added by WPeMatico

New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the…

Continue ReadingNew Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%

After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last…

Continue ReadingValue Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%

Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL

Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto…

Continue ReadingCrema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL

Polygon to Enable Web3 Functionality in Smartphones With Nothing Collaboration

Polygon has announced a partnership with Nothing, the creator of Phone (1). The Ethereum scaling protocol’s tech will be integrated into Nothing’s first smartphone. While Polygon won’t be manufacturing its…

Continue ReadingPolygon to Enable Web3 Functionality in Smartphones With Nothing Collaboration