Interpreting the Saga Project: High-frequency, Light-asset Project Solutions

Interpreting the Saga Project: High-frequency, Light-asset Project Solutions

-Saga is a Layer 1 that allows developers to build specialized chains, called "Chainlets," which are compatible with different virtual machines, can run in parallel, and are interoperable, providing applications with unlimited scalability.

News 2024-04-09 15:23
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.

News 2024-04-08 18:44
dYdX experiences chain halt during upgrade, engineers are investigating

dYdX experiences chain halt during upgrade, engineers are investigating

dYdX has confirmed an outage on its mainnet, with ecosystem engineers currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC with no fix expected for several hours, according to an incident report.

News 2024-04-08 18:19
This Week Noteworthy Events(April 8, 2024 - April 14, 2024)

This Week Noteworthy Events(April 8, 2024 - April 14, 2024)

WikiBit has compiled 8 noteworthy events for this week: Anza will release a fix for Solana congestion, and Tensor will unveil the TNSR tokenomics model.

News 2024-04-08 14:24
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?

Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?

The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.

News 2024-04-07 16:37
Terraform Labs was ‘built on lies’ — SEC at trial

Terraform Labs was ‘built on lies’ — SEC at trial

The civil trial between the U.S. Securities and Exchange Commission and Terraform Labs entered its tenth day without the attendance of Do Kwon.

News 2024-04-07 16:25
Ethena: A Tool to Maximize Investor Returns or a "Black Swan" Generator?

Ethena: A Tool to Maximize Investor Returns or a "Black Swan" Generator?

Ethena constructs its stablecoin through a "hedging" mechanism, which has garnered significant market attention while also sparking a lot of controversy. How does Ethena operate? And how do industry experts view this protocol?

News 2024-04-07 15:36
Degen's Market Cap Exceeds 1.5 Billion, Reviewing the Rise of Degen

Degen's Market Cap Exceeds 1.5 Billion, Reviewing the Rise of Degen

Reviewing Degen's development process, let's analyze from four perspectives how it managed to break through a market cap of 1.5 billion US dollars in a short period of time.

News 2024-04-03 15:46
MEME Trend is Sweeping In, Can the ERC-50 Standard Ensure the Safety of Participants' Funds?

MEME Trend is Sweeping In, Can the ERC-50 Standard Ensure the Safety of Participants' Funds?

While meme coins are gaining popularity, there is also a proliferation of fraudulent tokens. By embedding the token sale process into the ERC50 protocol, can it ensure the safety of participants' funds?

News 2024-04-02 17:08
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations

Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations

Roman Storm, the developer of Tornado Cash, was arrested last year for work misused by groups like North Korean hackers for money laundering. However, his legal team argues he merely published accessible code and filed a motion to dismiss charges of conspiracy and sanction violations.

News 2024-04-01 13:35