An influential member of the Solana (CRYPTO: SOL) developer ecosystem has openly challenged renowned whistleblower Edward Snowden to prove his claims about the blockchain's centralization, sparking a heated debate in cryptocurrency circles. What Happened: Mert Mumtaz, CEO of Solana-based developer platform Helius, took to X to challenge Snowden's assertion that Solana is a centralized network and asked him to provide concrete data to back the claim.
Edward Snowden, the renowned whistleblower and privacy advocate, made sharp comments about Solana during the TOKEN2049 conference in Singapore. After delivering his speech, titled “The Next Threat to Speech,” Snowden engaged in a Q&A session where he criticized Solana's architecture, expressing concerns about its centralized nature and the types of projects it facilitates.
Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check.
Both Dogecoin and Shiba Inu have emerged as major players in the meme coin world. Their light-hearted branding has proven popular in the market, catapulting them to success.
Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for.
Whistleblower Edward Snowden took aim at Solana, renewing an old debate—and prompting SOL believers to defend the network.
BNB Chain has positioned itself to rival Solana and Tron with a new memecoin launch platform.
Meme cryptocurrency Dogecoin has had quite a few days of intriguing price action coupled with intense volatility. Notably, Dogecoin, which ended the last days of September on a bullish run, has since reversed those gains and is back where it left off just above $0.10.
The price of Dogecoin (DOGE) has fallen after a failed upward correction. On September 28, DOGE rose to a high of $0.132 before being rejected.
It's been a rough start to October for SOL, with the Solana price down roughly 8% already as Middle Eastern tensions ramp up.
Cryptocurrency markets are trading lower as markets continue to cope with geopolitical uncertainty. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,836 -1.6% Ethereum (CRYPTO: ETH) $2,393 -4% Solana (CRYPTO: SOL) $140.87 -4% Dogecoin (CRYPTO: DOGE) $0.1034 -3.4% Shiba Inu (CRYPTO: SHIB) $0.00001617 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12% and daily active addresses increasing by 17.6%.
In an unexpected twist, Dogecoin (DOGE), originally created as a parody of cryptocurrencies, has emerged as a viable payment option for businesses across the United States.
Edward Snowden warns Solana's 'faster, cheaper' approach creates dangerous centralization risks for users.
Is this the beginning of a new Dogecoin era? New wallets surge 72% as retail jumps in for the dip.
In 2023, Elon Musk made headlines when he publicly vowed to eat a McDonald's Happy Meal on live television if the fast-food giant adopted Dogecoin (CRYPTO: DOGE) as a payment method. The idea, sparked during a Twitter exchange between Musk and anonymous Dogecoin account DogeDesigner, revived Musk's previous proposal from January 2022.
Solana (SOL) price is down 6% in the last 24 hours, catching the attention of investors. Technical indicators like the Relative Strength Index (RSI) suggest the cryptocurrency may be approaching oversold territory, indicating a possible reversal.
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Edward Snowden criticizes Solana for centralization, sparking debate over its blockchain model and governance. The post Snowden calls Solana a centralized chain used for ‘meme coins and scams' appeared first on Crypto Briefing.
Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon.
Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic.
As more people embrace cryptocurrencies, blockchain platforms are enhancing their features to accommodate growing user needs. BNB Chain is working to make stablecoin transactions quicker, less expensive, and simpler. Simultaneously, Solana is advancing towards potentially equaling Ethereum's market share, bolstered by its efficient processing power and expanding ecosystem.
The potential return of Donald Trump to the presidency could substantially impact the approval of cryptocurrency exchange-traded funds (ETFs), particularly for XRP and Solana. The regulatory environment for these digital assets, which have been criticized for quite some time now, may be more favorable as a result of the Trump administration, according to Bloomberg analyst Eric Balchunas.
Router Protocol, a Coinbase Ventures-backed decentralized blockchain network, is improving cross-chain functionality through a new integration with Solana.
Leading meme cryptocurrency Dogecoin (DOGE) could be on the verge of a notable rally based on the technical outlook, as identified by a prominent trading expert.
With crypto adoption and NFT sales gaining momentum, the need for reliable wallets to manage these assets is becoming increasingly crucial. Platforms like OKX Wallet and Plus Wallet are stepping up to meet this demand. OKX Wallet's latest update enhances Solana wallet management, offering users the ability to reclaim unused funds.
Crypto expert Ali Martinez is predicting a potentially huge rally for Dogecoin (DOGE), with historical patterns suggesting that the popular meme coin could be on the verge of doubling in price.
Billy Markus, widely known as Shibetoshi Nakamoto, one of the co-creators of Dogecoin (DOGE), has once again sparked conversation with his latest post on X (formerly Twitter), shedding light on his crypto holdings and past purchases.
Solana's total value locked has reached approximately $5.5 billion, a multi-month high, according to DefiLlama.
Cryptocurrency Market Today: The cryptocurrency industry has experienced a sharp decline following the Israel-Iran war and the U.S. stock market taking a hit. As a result, the total market cap dropped by 4.8% to $2.15 Trillion.
TL;DR User-Friendly API: Coinbase's new SOL staking API simplifies the staking process, allowing users to easily connect their wallet and stake SOL without technical hassles. Attractive Rewards: Staking SOL through this API offers a reward rate of approximately 4.83%, making it an appealing option for earning passive income.
Solana, the fifth-largest cryptocurrency by market cap has shown its resistance amidst the rising geopolitical tension. While other cryptos are struggling, analyst Crypto Jelle believes Solana's steady performance hints at a major breakout ahead.
A prominent crypto trader suggests that meme coins like PEPE (CRYPTO: PEPE), Dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT) are poised for potential breakouts based on a technical indicator. What Happened: The Elliott Wave theory posits that a bullish asset often undergoes a five-wave rally before reaching its peak and usually rebounds after completing an ABC correction.
How will the upcoming U.S. presidential election affect cryptocurrency ETF approvals? Let's find out.
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world's largest cryptocurrency is down almost 4% in the past 24 hours following Iran's attack on Israel.
Billy Markus, who is known for his contribution to the creation of Dogecoin (DOGE), the most famous meme cryptocurrency, who even adopted the nickname Shibetoshi Nakamoto, has once again touched on the matter of his cryptocurrency holdings.
Many might consider Solana a top functional blockchain project; however, a recent review from Edward Snowden, a former U.S. security intelligence officer turned crypto enthusiast, might change minds. Snowden believes Solana is centralized, a take he shared at the Token2049 event recently.
After a solid run-up last week, the world's largest meme coin Dogecoin has been facing some selling pressure with the DOGE price correcting 8% in the last 24 hours now trading at $0.1085 and market cap slipping under $16 billion. However, market analysts believe that DOGE could be seeing a trend reversal to the upside
With the new Coinbase Staking API, you can stake any amount of SOL on the Solana network, earning rewards for both you and your users. But the best part?
Dogecoin shows bullish potential with increased addresses and whale activity, despite a recent price dip.
The Dogecoin price experienced a significant drop this week, sliding down more than 20% at times, from a peak of $0.1321 on Saturday to a low of $0.1026 by Tuesday. Despite this decline, on-chain metrics and expert analysis suggest a potentially bullish future for the popular meme coin.
Binance Web3 Wallet integrates 13 new protocols and introduces SOL staking, expanding yield opportunities for users.
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, may be on the verge of another significant price surge. Crypto chart analyst Ali Martinez has pointed out that a bullish signal is emerging, which has historically led to 90% to 180% gains for DOGE.
Dogecoin's (DOGE) price has experienced a significant 14% correction in the past two days, erasing the gains it accumulated toward the end of September. This sharp decline has led some investors to question the meme coin's trajectory.
Dogecoin extended losses and traded below $0.1120 against the US Dollar. DOGE is now stable above $0.100 and attempting a rebound.
Cat-themed memecoin Popcat (POPCAT) was the outlier Tuesday, trading in the green amid a broader memecoin meltdown precipitated by fears of war in the Middle East. What happened: The Solana (CRYPTO: SOL)-based coin was up 0.28% as of this writing, becoming the only cryptocurrency among the top 10 biggest meme coins by market capitalization to record gains.
A prominent cryptocurrency analyst has recently said that the price of the leading meme-inspired cryptocurrency Dogecoin ($DOGE) could surge over 1,000% to trade at $1.6 in the future as it breaks out of a Falling Wedge pattern.
Leading cryptocurrencies plummeted Tuesday as Iran's missile barrage toward Israel sparked fears of a full-blown regional war in the Middle East. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.