White House Meeting on Crypto and Banking: Addressing the Stablecoin Yield Dispute In a pivotal moment for the financial landscape, crypto firms and major U.S. banks are set to converge at the White House this Tuesday afternoon. This meeting aims to mitigate escalating tensions around stablecoin yields and the Federal…

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Analyzing Solana’s Market Movements: Understanding Recent Developments In the last 72 hours, Solana (SOL) has experienced notable shifts in its market dynamics, with approximately 1.077 million SOL withdrawn from centralized exchanges. This withdrawal significantly reduces the liquidity available for selling, which is crucial for market participants. At a current trading…

Backpack Exchange: Innovating Tokenomics to Protect Retail Investors Backpack, a newly-established crypto exchange spearheaded by former employees of FTX, is rolling out a strategic tokenomics model aimed at safeguarding the interests of retail investors in its upcoming utility token. Unveiled recently, the scheme emphasizes a metrics-based release of tokens, progressively…