Input Output Global published a weekly development update with the progress made on tests run on the Vasil testnet and devnet. Cardano’s development activity has picked up the pace, leaving competitors Ethereum, Avalanche and Solana behind.
Dogecoin price made several unsuccessful attempts to break out of the downtrend that started in May 2021. Binance clarified that the Dogecoin tokens locked by users in the staking program remain with the exchange. Analysts argue that bears are taking control of Dogecoin as the meme coin struggles to breach its multi-year trend line.
SEC claims that nine digital assets involved in insider trading by Coinbase employees are securities. The US SEC has accused ten companies of violating securities laws, attempting to regulate by enforcement. Ripple price is struggling to recoup its losses; analysts have a bearish outlook on the altcoin.