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Bitcoin Cash24h $478.19+1.24%

Solana stocks keep falling as Wall Street pitches another $1B

Crypto industry leaders think their new Solana treasury stock will somehow perform well despite consistent losses across the leaderboard.

Wormhole almost killed Solana DeFi — now works with Blackrock, Hamilton Lane

Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.

Blockchain researchers are following evidence that suggests Jump liquidated DeFi positions and is sending proceeds to centralized exchanges.

Despite efforts to distance itself from FTX, Jump had ties to the fraudulent empire that the CFTC might now be investigating.

This week, a chart appeared to show stablecoin volume on the Solana blockchain declining over 90% since a series of events at Jump Crypto.