With Mad Lads on Top, Solana Exchange Backpack Sets Its Sights on Coinbase
The Mad Lads NFT maker just raised $17 million to expand its regulated exchange, learning from the lessons of FTX and Binance.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin hits $80,000’s doorstep just as the ETF bid disappears for the weekend
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps...
Coinbase app enables instant access to Base, Solana tokens post-launch
Coinbase's move could boost decentralized finance engagement, potentially increasing demand and market activity for new crypto tok...
Shinhan Targets $30 Trillion RWA Boom with KRW Tokenized Fund on Solana
Key Takeaways: Shinhan Asset Management is also creating a KRW-stablecoin-based tokenized fund on the Solana blockchain. The proje...
SEC proposes a path for crypto projects to raise $75 million and later end the token’s securities contract
US regulators have already found a home for true Bitcoin perpetuals inside the CFTC’s exchange framework. The SEC is now turning t...
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July produc...
Dario Amodei Claude AI Predicts Solana Could Be Heading for a Bigger Comeback Than Expected
Storing an account on Solana used to cost $0.16 and now costs $0.016. Dario Amodei Claude AI predicts that a tenfold reduction cha...