Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly stealing millions in staking rewards from her Solana crypto wallet. Rossi claims Akridge used his blockchain expertise to secretly access her staking accounts and withhold rewards without her consent.
The cryptocurrency market is seeing a wave of exchange-traded fund (ETF) applications, reflecting a push toward mainstream adoption.
Solana (SOL) and the team are often in the news for the asset's price performance and developments. However, things have turned different this time, as Elisa Rossi has pulled the Solana co-founder, Stephen Akridge, in a significant Solana Controversy, including staking reward thefts and much more.
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards.
Since the end of November 2024, the prices of Solana (SOL) have fallen by more than 30%, raising concerns among investors and crypto enthusiasts. This significant decline comes after a period of strong growth, where Solana had reached historical highs.
Volatility Shares filed for a Solana Futures ETF with the SEC on December 27. The firm was also one of the first to launch an Ether Futures' ETF.
Solana (SOL) has faced a challenging price trend recently, with its decline halting, but the altcoin is struggling to reclaim $200 as support.
Solana co-founder is embroiled in a legal battle with his ex-wife, Elisa Rossi, over allegations of misappropriating millions of dollars in Solana (SOL) token earnings. The post Solana Co-Founder in Legal Dispute with Ex-Wife Over Alleged Theft of Millions in Holdings appeared first on Cryptonews.
A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease.
Is Solana headed for a big drop? Find out if SOL price could crash to $50 and what's driving the market in this detailed prediction.
Volatility Shares has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for launching futures-based Solana ETFs. The filing includes products with 1x, 2x leveraged, and -1x inverse exposure to Solana futures.
According to the Bloomberg report, Stephen Akridge is locked in a legal battle with his ex-wife, Elisa Rossi. She filed some grave charges against Akridge for using her blockchain expertise to take millions of dollars worth of staking rewards from her Solana holdings.
Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.
Volatility Shares has filed an application with the SEC for the first leveraged Solana ETFs in the U.S.
Solana co-founder Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly misappropriating millions of dollars in staking rewards from her Solana holdings.
Solana prices have suffered some notable declines over the last several weeks, dropping more than 30% since reaching a fresh, all-time high near the end of November.
Stephen Akridge, co-founder of Solana, is being sued by his ex-wife, Elisa Rossi. The lawsuit claims that he misappropriated “millions of dollars” in cryptocurrency income from her digital wallet.
The inaugural Solana AI hackathon concluded on Monday. Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
A whale spent 1 million USDC to buy 23.18 million SPORE tokens, now up $620,000. An investor turned $2,600 into $1 million by trading SPORE, gaining 412 times their investment.
Stephen Akridge, a co-founder of Solana, is in the middle of a courtroom showdown. His ex-wife, Elisa Rossi, has dragged him into a lawsuit claiming he made off with “millions of dollars” from her staking rewards.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana's TVL soaring by 57%, the blockchain's efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline. The post Solana Defies Bearish December, DEX Trading Volume Surpasses $100B appeared first on Cryptonews.
The market remains mainly red, however, there are some exceptions to the rule, according to CoinStats.
Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.
Ever since the crypto industry gained momentum, Bitcoin ($BTC) and Ethereum ($ETH) are the two names that have been dominating the market. No one ever managed to come close.
Investors have poured nearly $800M on Solana ($SOL) since September 2023. Can this token rise to $500 once alt-coin season starts? The post Solana's Capital Inflows Soar – Could SOL Be the Next $500 Coin? appeared first on Cryptonews.
Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.
Solana price action is at a critical juncture, with the cryptocurrency testing market's patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.
Solana dips 3%, trading at $190.75 with a $3.5 billion volume. Explore its market highlights, DEX dominance, and Bitget Wallet's latest features. The post Solana Price Dips 3% With $3.5 Billion Volume – Is $300 Still Within Reach? appeared first on Cryptonews.
As the crypto bull market moves into its final stage, altcoins have still not entered a typical, explosive altseason. Bitcoin ($BTC) continues to outperform.
Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.
Solana Labs co-founder Stephen Akridge is facing a lawsuit accusing him of withholding “millions of dollars” in staking rewards from his ex-wife after their divorce agreement.
Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.
The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.
Meme coins are already the biggest talking point in the crypto space owing to their absurdity and explosive rallies. However, they are not the biggest category of tokens yet.
Explosive growth for Solana validators: the key role of MEV.
Here's how growing Eliza's adoption and AI16Z tokenomics revamp could challenge VIRTUAL.
The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token's rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days.
A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.
Solana (SOL) has recently exhibited price action that mirrors Bitcoin's early 2024 behavior, raising expectations of a potential rally in the coming months. Bitcoin's price surged from $47,080 to $74,000 in early 2024, largely driven by significant buy-ins at key support levels around $45,000.
With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market's resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle.
More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
Solana (SOL) price continues to attract significant user activity and transaction volume on applications like Raydium, Pumpfun, and Jito. Despite this, SOL has fallen 17% over the past 30 days, losing its $100 billion market cap and currently sitting at $90.6 billion.
The co-founder of Animoca Brands, a leading firm in the blockchain gaming space, had their X social media account hacked and used to promote a fake Solana (SOL) token.
Ethereum, Solana, and XRP exhibit crucial technical setups across weekly and 4-hour charts, highlighting key levels, bearish risks, and bullish targets heading into 2025.