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NFT SALES INCREASE 18% IN OCTOBER, SOLANA SALES REACH NEARLY $6 BILLION In October 2024, NFT sales volume surged by 18%, reaching $356 million, ending a seven-month downward trend. Solana-based NFTs played a significant role, contributing $67 million, which brings Solanaâs total NFT sales to nearly $6 billion. Data from CryptoSlam shows a rise in transaction numbers, totaling 7.2 million in October, a 42% jump from Septemberâs 5 million transactions. Collections like Mythos Chainâs DMarket and Immutableâs Guild of Guardians Heroes led October sales. Octoberâs volume spike included Bitcoin and Ethereum-based collections like Bored Ape Yacht Club and CryptoPunks, illustrating a broad-based recovery. #cryptosolutions
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ETHEREUM RESEARCHERS RESIGN FROM EIGENLAYER AMID CONFLICT OF INTEREST CONCERNS Ethereum Foundation researchers Justin Drake and Dankrad Feist resigned from advisory roles at EigenLayer following community concerns over potential conflicts of interest. Both had accepted EIGEN tokens for advising EigenLayer, a platform allowing crypto projects to âborrowâ Ethereumâs security through restaking. The resignations come after months of division within the Ethereum community over the ethics of researchers receiving tokens from projects in Ethereumâs ecosystem. Feist stated that while the role was ânegotiated in good faith,â he recognized concerns within the community. Drake committed to a new policy barring himself from future advisorships or investments. This episode underscores evolving norms around conflicts of interest in blockchain governance. #cryptosolutions
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16 facts about Satoshi Nakamotoâs #Bitcoin white paper on its 16th Birthday. A thread 𧔠#cryptosolutions
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