James Hunsaker spotted with Sabrina Carpenter this weekend 👀 https://t.co/0so5HwVtrq

SoSo Daily Feb 20 | Manifold Trading allegedly reduced its position by 3 million OM, which would yield a profit of 22.70 million USD if sold.

SoSo Daily Feb 20 | Nigeria has filed a lawsuit against Binance, seeking compensation for economic losses and the recovery of taxes.

Aptos research director Alexander Spiegelman criticized Monad for plagiarizing Aptos' open source code. Monad co-founder James Hunsaker responded that BlockSTM is a simple extension of these things and has never seen any Aptos code. In 2024, Monad completed a $225 million financing led by Paradigm with a valuation of $3 billion. https://t.co/cAz4N2PYiZ

Monad - The Next Big Wave in Layer 1 Blockchain?1/ Monad: The Solana-Ethereum Hybrid BlockchainIn a world dominated by Ethereum’s ecosystem & Solana’s speed, @monad_xyz emerges as a Layer 1 blockchain aiming to combine the best of both. With a bold target of 10,000 TPS, Monad could redefine scalability & EVM compatibility in blockchain. Let’s explore 🧵2/ The Funding & Founders Behind MonadMonad is backed by heavyweights like Paradigm, Dragonfly Capital, Coinbase Ventures, and Wintermute Ventures, securing $225M in funding. The founding team consists of co-founders CEO Keone Hon, CTO James Hunsaker, and COO Eunice Giarta, bringing high-performance expertise from their previous fields to Monad.3/ Why Monad? EVM Meets High PerformanceEthereum’s dominance (90% of TVL) is undeniable, but low throughput (14 TPS) & high gas fees remain bottlenecks. Monad is EVM-compatible but tackles Ethereum’s scalability issues by introducing parallel execution, aiming for 10,000 TPS today & 40,000 TPS in the longer-term. This is achieved through Monad's key technical breakthroughs: 💜 Parallel Execution: Processes independent transactions simultaneously for higher throughput. 💜 EVM Compatibility: Unlike Solana’s SVM, Monad sticks with EVM to leverage Ethereum’s ecosystem while bringing Solana-like speed. 💜 Asynchronous Execution: Splits consensus & execution for real-time performance.4/ The Unique Value Proposition🟣 Monad combines Solana-level performance with Ethereum’s robust ecosystem. 🟣 Developers can migrate Ethereum smart contracts seamlessly. 🟣 High throughput and low latency make it ideal for DeFi, GameFi, and high-frequency trading applications.5/ The Ecosystem: What’s Happening on Monad?Monad’s ecosystem is already showing promise: 💜 Drake (@DrakeExchange): A high-speed perpetual DEX leveraging Monad’s low latency. 💜 Anterrise: A GameFi project targeting Web2 & Web3 users. 💜 Monadex (@Monadex_labs): A DeFi hub engaging users via community-driven activities. 💜 Cross-Chain Partnerships: Wormhole integration enhances asset interoperability.6/ Challenges & Opportunities🟣 Challenges:- Early-stage ecosystem with limited traction.- Convincing developers to migrate from Solana & Ethereum.🟣 Opportunities:- High-throughput use cases like DeFi & gaming.- Strong backing & partnerships to scale rapidly.7/ The Road Ahead🟣 Short-Term (2024-25): Mainnet launch with 150+ dApps. 🟣 Mid-Term (2025): Ecosystem expansion & global hackathons to attract developers. 🟣 Long-Term (beyond 2025): Compete as the go-to high-performance EVM-compatible L1.With its strong technical foundation, Monad has the potential to become a leading Layer 1 platform.What excites you most about Monad? Share your thoughts below!#Monad #Blockchain #DeFi #Crypto #etherum

Dec 17 CoinEx Daily 📊 #CryptoNews1️⃣ Daily Macro #Bitcoin #ETFs #Markets- $BTC reached a new ATH, briefly surpassing $107,000, while altcoins showed weakness.- #BitcoinETFs recorded net inflows of $638M, while #EthereumETFs saw $20M in inflows yesterday.- @MicroStrategy invested $1.5B to acquire 15,350 #BTC, further strengthening its Bitcoin holdings.2️⃣ Daily Focus #FTX- @FTX_Official announced that its court-approved Chapter 11 restructuring plan will take effect on Jan 3, 2025. The first round of distributions will begin within 60 days for approved claimants in the Convenience Classes category.$FTX Performance: +10% (24h)3️⃣ Next Focus #Monad- @monad_xyz announced the launch of the Monad Foundation, focused on validator-led governance, developer documentation, and ecosystem growth. The original Monad Labs team will rebrand as Category Labs, led by new CEO James Hunsaker.Stay informed with insights on #CoinEx 📲: https://t.co/kanSsnEy3r

Revelations in Terra-SEC Case: Former Employee Testifies Against Jump Trading and Do Kwon