Tag: Developer

Sui Blockchain Sees Rapid Growth in Move Developer Community

Luisa Crawford Jul 19, 2024 18:10 Electric Capital’s latest report highlights Sui’s rapid growth in the Move developer community, showcasing significant increases in developer activity and engagement. The latest Electric Capital developer data reveals that Sui has the largest and most rapidly growing Move developer community, according to The Sui Blog. This growth underscores Sui’s emerging leadership in the blockchain industry. Highlights from the Electric Capital Developer Report From the beginning of 2024 to July 1st, Sui experienced a 219% increase in…

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

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Bitcoin developer Samson Mow has for a while now continued to assert that BTC is going to reach $1 million. He has again reaffirmed his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target.  When Bitcoin Will Rise To $1 Million Mow mentioned that he is still certain that Bitcoin will reach $1 million and added that the flagship crypto will reach this price target within a year. Mow had previously explained why he believes that BTC can reach such an ambitious price target.…

Injective price has more upside as developer commits rise: analyst

Injective (INJ) price has risen for six consecutive days, its longest winning streak of 2024. It rose by over 12% on Wednesday, making it the best-performing top 50 cryptocurrency.  INJ rally started on July 5th after it tumbled to $16.93 as Bitcoin and other altcoins dropped sharply. It has risen by over 54% from its lowest point this month as the sentiment in the industry improved. Bitcoin has retested the crucial resistance at $65,000 while the crypto fear and greed index has moved from the fear zone of 38 to…

SEC drops 3-year investigation into Stacks developer Hiro Systems

Crypto community has another reason to celebrate as the U.S. Securities and Exchange Commission (SEC) has dropped its investigation against Hiro Systems, a developer firm integral to the Bitcoin Layer-2 network Stacks. A SEC filing on July 12 revealed that the regulator had closed its three-year investigation into Hiro Systems (formerly Blockstack) and would not be pursuing an enforcement action. The decision comes just a day after the SEC ended its investigation against stablecoin issuer Paxos. SEC ends 3-year investigation into Hiro Hiro raised $70 million in token sales between…

SEC Serves Fresh Lawsuit To Metamask Developer Consensys

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The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. Related Reading SEC Accuses Consensys Of Violating Securities Laws Using Metamask According to the court document, the SEC claims that Consensys has acted “as an unregistered broker of crypto asset securities through its MetaMask Swaps service” since October 2020. The Commission also accused the crypto firm of engaging in the unregistered offer and sale of securities through crypto…

Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

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The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack. North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group. Update on the ALEX Incident Investigation Dear ALEX Community,We wish to share an important update…

Solana Developer Shares “Big News” That Could Send The SOL Price Flying

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Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend.  A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being introduced directly on the Solana network without requiring layer-2 networks. He claimed that this changes everything and every impression one has about Solana and scaling layer-1 networks. Mumtaz further explained what the ZK compression is…