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The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees. Source: https://cointelegraph.com/rss Solana attributes major outage to denial-of-service attack targeting DEX offering
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. Source: https://cointelegraph.com/rss Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn’t deterring pro traders from buying the BTC dip. Source: https://cointelegraph.com/rss Traders buy the Bitcoin dip even as Evergrande's implosion rocks stock markets
Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments. Source: https://cointelegraph.com/rss Texas following El Salvador? Poll shows 37% of residents want crypto payments
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown. Source: https://cointelegraph.com/rss Here's why Bitcoin might be safe from a global stock market crisis