PYTH’s significant price fall happens as huge tokens are still locked, waiting to enter the market, creating more uncertainty regarding its price movements.
Cardano has made a significant integration this week that fundamentally alters its approach to market infrastructure. Under the network’s newly operational Pentad and Intersect governance structure, the steering committee authorized the...
Pyth Network launched the PYTH Reserve, converting monthly network revenue into systematic PYTH token purchases to directly link institutional adoption.
The network’s reserve will consist of purchases of the network’s native PYTH token, utilizing approximately 33% of the protocol’s revenue through the DAO.
The new system links adoption directly to PYTH’s long-term value through transparent, rule-based treasury actions.
The post Pyth Network Debuts PYTH Reserve for Monthly Purchases appeared first on Coinspeaker.
The post Will the New PYTH Network Reserve Trigger a Chainlink-Style 80% Price Rally? appeared first on Coinpedia Fintech News
The latest announcement surrounding the new PYTH Network Reserve has has shed some lights on the crashing PYTH Network...
Upbit,
South Korea's dominant cryptocurrency exchange, suffered unauthorized
withdrawals totaling approximately $36.9 million (54 billion won) early
Thursday morning, marking the second time the platform has been breached on
November 27.The
exchange...
Upbit, a leading South Korean cryptocurrency exchange, identified unauthorized withdrawals totaling around 54 billion KRW ($36 million) in Solana-based assets on Thursday.
The breach affected several tokens, including SOL, USDC, BONK, JUP, RAY,...
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