Solana’s Volatility Increased by 259% Over a Month, but Here’s the Catch
<a href="https://ambcrypto.com/solana-enthusiasts-should-consider-this-before-buying-back-at-the-current-level/">Solana [SOL]</a> has been on the receiving end of criticism over the last year, owing to its network outages and exposure to <a href="https://ambcrypto.com/evaluating-the-state-of-solana-sol-ecosystem-post-ftx-demise/">Alameda Research.</a> The growing negative perception of <a href="https://ambcrypto.com/solanas-ftx-trouble-failed-to-impact-this-sol-segment-growth-but-is-it-enough/">Solana</a> could thus drastically affect the development of its native token, SOL.
MakerDAO Votes to Offload Alameda’s renBTC From Dai Stablecoin Collateral
MakerDAO, the decentralised organisation behind Dai stablecoin, has voted to remove renBTC tokens as part of the stablecoin’s collateral assets in response to the collapse of Alameda Research.
Disgraced Crypto Trading Firm Alameda Research Moves $93,353,985 in Ethereum-Based Altcoins Into Single Wallet
Sam Bankman-Fried’s failed crypto trading firm Alameda Research appears to be consolidating crypto assets into a single wallet.