Solana Fixes Congestion Issues ☀️

M6 Labs Alpha Bytes🚨: April 16th

Author

M6 Labs
April 16, 2024

In today’s Alpha Bytes, we bring you good news!🐺☕

The Solana devs have successfully implemented congestion fixes on the testnet and introduced measures to prioritize traffic, significantly improving network performance.

BTC $62,868 (-5.5%), ETH $3073 (-4.9%), SOL $134.54 (-13.7%)

It’s $SOL Goodman!

Crypto News 🗞️📰

  • Analyst who predicted Bitcoin’s pre-halving rally turns bearish 

  • Trust Wallet urges users to disable iMessages ASAP

  • Indian crypto pioneers shed light on the impact of Bitcoin halving 

  • Price prediction for Bitcoin, Ethereum, and Ripple

  • Crypto analyst warns bloodbath may continue 

  • Spot Bitcoin ETFs see significant outflows ahead of halving 

  • Is Bitcoin’s bumper rally just beginning?

  • Bitcoin halving could lead to some sales: Crypto.com CEO

  • Investors getting cold feet amid flagging price momentum 

  • Department of Justice considering new law firm as monitor for Binance 

  • Binance launchpool makes critical error in FDUSD circulating supply 

  • Polygon Labs earns crucial information security certificate 

  • Vitalik Buterin’s 100 ETH Railgun deposit sparks considerable discourse 

  • Grand Base falls victim to $2 million hack 

  • Three other cryptocurrencies with upcoming halvings 

  • Shocking leak reveals China could be about to blow up the price of Bitcoin, Ethereum, and XRP. 

  • Solana rolls out major update to ease network congestion

  • Solana meme coins jump by 28% but is it sustainable 

  • Tether, Circle diverge on how to tackle stablecoin rules 

  • Stocks, crypto on precipice of significant correction: 10x research

  • Why is Bitcoin down today?

  • Crypto ATM firm says revenue unaffected by Bitcoin price fluctuations

  • Crypto.com begins hiring once again 

  • UK to propose clear crypto regulations by July

  • Norway wants to restrict crypto mining through data center regulation 

  • Fiji central bank warns against crypto use 

  • Gold-backed PAXG spikes amid geopolitical tensions 

  • ZachXBT issues warning about group of scammers currently running Leaper Finance

  • GCRClassic tweets some wisdom 

  • Tether tokenization platform coming soon 

Project Updates 🔥👷🏼‍♂️

  • Zest Protocol suffers exploit 

  • Pac Finance issues update on mismanagement 

  • Yuga Labs royalties deposited into defunct FTX US deposits 

  • EigenLayer to unpause staking deposits on the 16th of April 

  • Tensor Foundation to airdrop extra tokens to power users 

  • Summary on LTIPP Snapshot voting on Arbitrum 

  • Uniswap increases swap fee to 0.25% on trades through interface

  • Summary of Curve founder’s lending position 

  • OKX’s Polygon-powered Layer-2 network hits public mainnet

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