Canadian Oil Company Pivots to Crypto: Centaurus Energy Rebrands as Layer One Inc.
Calgary-based Centaurus Energy announces dramatic transformation from oil and gas to cryptocurrency investments, rebranding as Layer One Inc. The company plans to focus on ETH and SOL investments, with conditional approval from TSX Venture Exchange and aims to secure $25M in financing.
Solana DEX Trading Volume Surpasses Ethereum in Historic Market Shift
Solana-based decentralized exchanges have achieved a milestone by surpassing both Ethereum and Base with $3.66 billion in daily trading volume, capturing 40% market share. The unprecedented shift marks the first time in four years that Ethereum has been displaced from its leading position, driven by Solana's efficient transaction processing and growing user adoption.
Blockchain Investigator Warns: 99% of AI Agent Tokens Are Scams
Renowned blockchain detective ZachXBT raises alarm over fraudulent AI agent tokens flooding the crypto market, declaring most lack real utility. His warning comes amid growing skepticism from Solana developers, though some industry leaders remain optimistic about AI agents' future role in decentralized systems.
Crypto Analyst Predicts 12,000% Surge for Meme Token Catzilla Alongside Major Gains for Ethereum and Polkadot
A leading cryptocurrency expert forecasts dramatic price increases for 2024, with Ethereum potentially hitting $6,000 and Polkadot reaching $20. The analysis highlights newcomer Catzilla, a Solana-based meme token with innovative features that could see returns of up to 12,000%.
Crypto Platform Pump.fun Faces $1B Lawsuit Over Hidden Fee Allegations
PumpPumpkin sues rival Solana-based platform Pump.fun for $1 billion, alleging concealed fees and improper fund management. The lawsuit comes as Pump.fun reports $90 million in monthly revenue while facing mounting regulatory challenges and controversy.
Trump Victory Could Fast-Track Solana ETF Approval, Predicts Polymarket
Cryptocurrency prediction platform Polymarket raises forecast for U.S. Solana ETF approval to 84% following Trump's electoral success. The platform's accuracy record and Trump's pro-crypto stance fuel optimism for expanded cryptocurrency ETF offerings in 2025.
Solana Co-Founder Faces Legal Battle Over Hidden Crypto Staking Rewards
Stephen Akridge, Solana co-founder, is being sued by his ex-wife for allegedly concealing millions in cryptocurrency staking rewards following their divorce settlement. The case highlights the growing complexities of handling digital assets in legal proceedings and offers rare insight into the finances of a key blockchain pioneer.
Meme Coins Surge: The Unexpected Leaders of 2024's Crypto Market
Meme-based cryptocurrencies have emerged as the dominant force in 2024's crypto landscape, capturing over 30% of global investor attention according to CoinGecko data. The trend extends beyond dog tokens to various animal-themed coins, while AI and real-world assets follow as major narratives.
Solana Co-Founder Faces Legal Battle Over Ex-Wife's Stolen Staking Rewards
Stephen Akridge, Solana co-founder, is accused of exploiting his blockchain expertise to misappropriate millions in crypto staking rewards from his ex-wife's digital wallet. The lawsuit, filed in San Francisco, highlights vulnerabilities in digital asset management when technical knowledge differs between parties.
Solana Dominates DeFi Social Media with 46.6M Interactions in 24 Hours
Solana emerges as the leader in DeFi social engagement, generating 46.6M interactions and over 100K posts in a single day. The report by Phoenix Group and LunarCrush also highlights strong performances from XRP, Chainlink, and other major blockchain platforms in the DeFi space.