What’s the future of blockchain? Experts share perspectives
The allure of anonymity has always been a major draw in the blockchain ecosystem. Early adopters touted the ability to conduct transactions in secret, away from the prying eyes of centralized institutions and regulators.
However, as technology evolves, the industry faces a critical question: is anonymity still paramount or is it becoming a declining aspect in the face of growing demands for transparency?
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Solana exceeds US$ 6.1 billion in TVL and breaks record
The Solana network has hit a new all-time high for total value locked (TVL), surpassing $6.1 billion. This is the highest level since January 2022.
TVL is the total value of assets deposited by users into a project. Thus, a growing TVL is often an indicator of increasing user trust and engagement with the platform.
TVL exceeds $6.1 billion with 40 million SOL locked
Along with the record TVL, data from DefiLlama shows that, as of Tuesday (15), more than 40 million SOL tokens are locked in DeFi protocols. This number has been growing steadily since the 14 million SOL at the beginning of 2024.
The Federal Court sentenced businessman Francisley Valdevino da Silva, known as the “Bitcoin Sheik”. He must serve 56 years, 4 months and 10 days in prison for involvement in cryptocurrency fraud.
The decision came out on Wednesday (9), in the 23rd Federal Court of Curitiba, where he lived.
Bitcoin Sheikh Sentenced to Prison
The sentence also convicted five other people. They received sentences ranging from 11 to 48 years in prison. They are lesser because, according to the Federal Police (PF), the Sheik of Bitcoins was the commander of the scheme.