Western Union has applied to register the WUUSD trademark.

Solana Builds "Pacific Backbone" for Faster Institutional Operations

Solana's "Pacific Backbone" initiative aims to enhance its network's speed and reliability for institutional users by connecting key Asian financial hubs. This upgrade targets high-frequency traders and bolsters Solana's position in the competitive blockchain landscape.

X releases important update: restricts automated reply API, non-interactive messages can no longer be sent programmatically

X Developers releases an update restricting the automated reply feature, which is only allowed when users are mentioned or quoted; replies to tweets are not subject to this restriction. This policy applies to all free and basic account types but does not affect enterprise and public utility versions. The move aims to reduce AI-generated spam.

Xyber Launches Genesis Sale on Solana to Provide Critical Infrastructure for AI Agents

The intersection of AI and blockchain technology has always been described as the next frontier of the digital economy, but as the ecosystem matures, the bottleneck has become clear: a lack of institutional-grade infrastructure to support autonomous agents. Solana has become a testbed for AI

The "LeBron" wallet lost approximately $84,000 in the investment of MEME coin $ONE on the Solana chain.

The "LeBron" wallet has profited millions of dollars across multiple projects, but its investment in Solana chain token $ONE has suffered significant losses. It purchased approximately 45 million $ONE for about $110,000, and currently holds about 35.9 million, with a market value of around $12,000, resulting in a loss of approximately $84,000 and a drawdown of 76%.

Solana DeFi Platform Step Finance Shuts Down Operations Following $40M Treasury Hack

Step Finance, a decentralized finance (DeFi) dashboard on the Solana blockchain, has announced the immediate cessation of all operations following a late-January security breach that resulted in the loss of approximately $40 million in assets from its treasury. The shutdown, confirmed on February 23, encompasses its subsidiary platforms, SolanaFloor and Remora Markets. The decision comes after the team explored financing and acquisition opportunities but failed to secure a viable path f

AI panic impacts the crypto market: ETH, SOL, XRP all decline collectively, with increased downward pressure as BTC consolidates sideways

On February 24, news reports indicate that the crypto market came under pressure due to the intensification of the "Artificial Intelligence Panic Trading" and worsening macro risk sentiment. Ethereum, Solana, and Ripple experienced continued declines, with major cryptocurrencies generally recording an 8% to 11% correction over the week. Bitcoin briefly dropped to approximately $62,900, down about 2.1% for the day, with a weekly decline of 7.5%. Its price remains confined within the $60,000 to $70,000 range established after the early February surge, and the market is more inclined to view this as a consolidation zone rather than a clear bottom. Altcoins performed significantly weaker than Bitcoin. Ethereum's price fell to around $1,829, with a weekly decline of about 8%; XRP dropped over 10%, SOL declined more than 11%, and Dogecoin approached a double-digit correction. Mainstream altcoins weakened in tandem, reflecting a decline in market risk appetite, with insufficient buying interest outside of Bitcoin and more cautious capital allocation.