Phantom, a crypto wallet heavily used in the Solana ecosystem, has seen its active user base more than triple over the past year, its CEO and co-founder Brandon Millman exclusively shared with TechCrunch.
In January 2024, Phantom hit 3.2 million monthly active users (MAUs), up 220% from 1 million one year ago, and recorded 941,000 installs, 463.5% more than 167,000 installs during the same time frame, Millman said.
“These numbers are essentially our peak” and outperformed usage and metrics from the previous crypto bull market in 2021 and early 2022, he added.
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US Federal Reserve Chairman 🇺🇸 said that interest rate cuts may be postponed until after next March, to ensure that inflation can achieve its 2% target sustainably.
Interest rates are expected to be cut three times this year, and the rate of interest rate cuts may be much slower than market expectations.
The Chairman of the US Federal Reserve reiterated that he or his colleagues will not be affected by political pressures in this presidential election year.
🟠 Binance has increased its compliance budget by 35% year-over-year to $213m.
This will fund advanced software systems for monitoring transactions and personnel expenses, including hiring Steve Christie as deputy chief compliance officer. #BinanciansGlobal