DYM is the native token of Dymension, a blockchain platform that standardizes rollups with IBC.
The launch of Dymension faced initial hiccups, with users reporting transaction processing issues for at least five hours.
Despite these challenges, the price of DYM has seen a significant increase.
The validator known as “Big Brain Staking” controls over 35% of staked DYM tokens, leading to scrutiny from DYM holders.
What is a DYM toke…
Solana network experienced a significant outage on February 6.
The outage led to the liquidation of $2.07 million long positions.
Solana’s price dipped from $96.3 to $94.
Questions arise about the long-term stability of Solana.
The Outage
Today, February 6, the Solana network experienced a significant outage. The network’s block production came to a halt, and engineers across the ecosystem were left scrambling to investigate th…
The Jupiter ($JUP) airdrop was one of the largest ever to occur on the Solana network.
The JUP price has corrected by 60% since the airdrop, with trading volumes skyrocketing to $1.2 billion.
Of all eligible wallets, 41% have now claimed their JUP tokens, with a total of 566 million JUP being claimed since the airdrop went live.
The cryptocurrency world has been abuzz with the recent airdrop of Jupiter tokens ($JUP). T…
GBTC moved more than $400 million worth of BTC to custodian Coinbase Prime.
GBTC has bled $1.5 billion in investor assets since last Thursday.
JPMorgan predicts an additional $10 billion in outflows if GBTC loses its liquidity advantage.
Traders might be overstating the impact of GBTC selling.
GBTC outflows find a counterpart in net inflows to the remaining spot Bitcoin ETF funds.
The GBTC Outflows
The Grayscale Bitcoin Tr…
