The cryptocurrency passed $160 on Wednesday, marking its highest price since January 2022.
So it’s not surprising that the growth and traction on its blockchain is also being transpired through to its token.
Since mid-December, a number of Shiba Inu dog-themed tokens on the Solana blockchain like Bonk and dogwifhat have taken off.
(Please note none of this is financial advice, but one of the reasons that could point to Solana’s price increase.)
Memecoins in general have seen a huge rally as the crypto market continues to thaw from its most recent winter.
Mapping startup Hivemapper will launch a new dashcam later this year that its co-founder believes will speed up efforts to claw market share away from Google.
The new Hivemapper Bee camera, revealed Wednesday, is part of the company’s years-long push to decentralize mapping and make map data more affordable and accessible.
Late last year the company launched Scout, a “location monitoring tool” that lets customers “mark” a location and receive images every time a Hivemapper driver passes by.
The company says the Bee will create higher-quality map data that is less likely to be rejected upon submission.
Nelson says there are plenty of people who want to buy a Hivemapper camera for other reasons.
Mercedes-Benz accidentally exposed a trove of internal data after leaving a private key online that gave “unrestricted access” to the company’s source code, according to the security research firm that discovered it.
The London-based cybersecurity company said it discovered a Mercedes employee’s authentication token in a public GitHub repository during a routine internet scan in January.
According to Mittal, this token — an alternative to using a password for authenticating to GitHub — could grant anyone full access to Mercedes’s GitHub Enterprise Server, thus allowing the download of the company’s private source code repositories.
“The GitHub token gave ‘unrestricted’ and ‘unmonitored’ access to the entire source code hosted at the internal GitHub Enterprise Server,” Mittal explained in a report shared by TechCrunch.
It’s not known if anyone else besides Mittal discovered the exposed key, which was published in late-September 2023.
The value of the newest such memecoin Bonk (BONK), a Shiba Inu-themed Solana token, has increased by over 400% on the month, according to CoinMarketCap data.
The Bonk hype has faded since, but other Solana-based memecoins like Dogwifhat (WIF) have also benefited a lot from the interest.
The token currently has a market cap of around $218 million, according to CoinGecko data.
Still, these market moves are signaling that retail interest and appetite is turning toward crypto again after a prolonged bear market.
Previously, Warden worked at the Milken Institute and oversaw initiatives relating to capital market development, fintech financial inclusion, cryptocurrencies and blockchain.
