Latest news with #VINE
Yahoo
6 hours ago
- Business
- Yahoo
Solana News: Foundation Unveils 2027 ICM Infra Roadmap, Bonk Pummels Pump.fun
Solana remains in a range ahead of the upcoming FOMC rate decision, even as institutional capital continues to flow into the ecosystem. Market Overview Bitcoin barely moved as it closed the week at $118.3K, logging a marginal 1% week-on-week gain. While its dominance held steady at 60%, altcoins took a hit as traders braced for the Federal Reserve's FOMC meeting scheduled for July 29-30, where benchmark rate decisions are expected. Solana slipped below the $200 mark despite rising institutional interest. This came as $311 million—an all-time high—poured into Solana-linked products, including exchange-traded products (ETPs) and funds. As usual, low-cap altcoins within the Solana ecosystem stole the show, with Vine Coin skyrocketing over 200% following Elon Musk's X post. Still, the ecosystem as a whole was not immune. Its ecosystem market cap fell 5% to $249 billion, and trading volume dropped 34% to $24 billion. Source: CoinMarketCap Let's break down what drove this week's volatility. Solana's Performance Solana took a breather after an explosive month-long rally, sliding 8% from $200 to $184 in a week. Zooming out, SOL is still up 22% on the monthly chart. Source: CoinMarketCap The correction came after Solana unveiled a bold 2027 roadmap aimed at becoming the foundational infrastructure for internet capital markets, focusing on improving market microstructures alongside bandwidth and latency. Will Solana fall further or charge above $200 following REX-Osprey's Solana staking ETF partnering with JitoSOL to pass 100% of staking rewards to shareholders, marking a first for U.S. crypto ETFs? L1 Ranking Update Solana's total value locked slipped below $10 billion, hitting $9.93 billion. This marks a 7% drop from last week. It maintains its second position while BNB closely follows in third. Source: DeFiLlama DeFi Solana's DEX volume fell 4% week-on-week, taking its 30-day cumulative volume to $81.4 billion. Source: DeFiLlama is on the receiving end of launchpad wars after its weekly volume and revenue plummeted to its lowest levels in 15 months. As loses market share, the degens are crowning LetsBonk as the new king of the trenches—for now! Biggest Winners & Losers Low-cap altcoins carried Solana's ecosystem with outsized gains. Top Performers Vine Coin (VINE): +242% Graphite Protocol (GP): +94.25% TROLL (TROLL): +84.65% Crowned by Third Time Games (CROWN): +80.59% Daddy Tate (DADDY): +69.83% MeasurableToken Data (MDT): +67.54% Biggest Losers Aspecta (ASP): -64.75% (PUMP): -34.78% (the downtrend continues) DOWGE (DJ16930): -31.39% KoKoK The Roach (KOKOK): -28.59% Fartcoin (FARTCOIN): -26.37% Source: CoinMarketCap Latest Solana News ARK Invest Taps SOL Strategies for $647M in Solana Staking ARK Invest has shifted 3.6 million SOL to SOL Strategies and BitGo, citing stronger institutional infrastructure to support its long-term digital asset strategy. Solana Proposes 66% Block Capacity Boost to Meet Growing Demand Solana developers have proposed raising the network's compute limit from 60M to 100M units per block, aiming to increase throughput for DeFi, NFTs, and other high-demand use cases as network activity continues to climb. MoonPay Enters Solana Staking Market With 8.49% Yield Offering MoonPay has launched liquid staking for Solana, allowing users to earn 8.49% APY with no lockup, as investor demand for on-chain yield accelerates amid growing ETF inflows and institutional activity. Solana Breakpoint Abu Dhabi Is Getting Closer! What You Can Do Now Watch your positions—market volatility is picking up ahead of the FOMC meeting. Follow the network's developments as developers propose a two-thirds block capacity increase. Stay alert as the Fed's benchmark rates may shift market momentum.
Yahoo
5 days ago
- Business
- Yahoo
New token surges 200% after Musk teases revival of nostalgic video app
New token surges 200% after Musk teases revival of nostalgic video app originally appeared on TheStreet. Vine Coin (VINE), the native cryptocurrency of the now-dormant Vine video app, logged a significant rally in the last few hours. The surge in the token's price was triggered after Tesla CEO Elon Musk indicated his plans to resurrect the app after it went into hibernation in 2017. VINE surged as much as over 200% following Musk's tweet to trade at $0.0825. The Vine app was founded in 2012 as a mobile app for video sharing by Rus Yusupov, Dom Hofmann and Colin Kroll. Soon after its launch, Jack Dorsey-led Twitter (which Musk bought and renamed to X) purchased this app for reportedly $30 million. The first time Musk initiated a conversation around Vine was in April 2024. At the time, the billionaire had posted a poll on his X handle, asking if people wanted Vine to return. A majority of voters - 69.9% - voted in favor of its resurrection. With Musk's acquisition of X and its assets in 2022, Vine automatically fell into his basket. On July 24, the X CEO confirmed that Vine, indeed, is making a elaborate details on Musk's idea for Vine remain undisclosed for now, it seems like his AI firm - xAI - could be tasked with giving the dormant app an AI makeover. In a bid to immortalize the existence of the video-sharing app, Vine's Yusupov released the Vine Coin token in January. Up until Musk's latest post around Vine, the token's performance remained lackluster. In the last few hours, however, the price of the token has seen some extraordinary action. It still remains volatile owing to the buzzed-up hype. At present, 999.99 million VINE tokens are in circulation and the maximum cap of the token remains undecided. Its market cap rose by 54% since Musk's post to claim its current valuation of $64.02 million. At press time, VINE was trading at $0.06898. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies. New token surges 200% after Musk teases revival of nostalgic video app first appeared on TheStreet on Jul 24, 2025 This story was originally reported by TheStreet on Jul 24, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Health
- Yahoo
Supplement company issues urgent recall after finding potentially deadly contamination
Popular wellness brand Optimal Carnivore has issued a voluntary recall on one of its supplements due to potential salmonella contamination. The recall includes nearly 1,500 bottles of their Bone & Joint Restore capsules, which were distributed nationwide through major retailers, such as Amazon. The capsules contain bone marrow and bones from cows, as well as cartilage, per the nutrition label. The recalled bottles have an expiration label of December 2026 and a lot number of 1224064. Each bottle contains 180 capsules. Optimal Carnivore first issued the recall in April and has since taken the product off its website. On Monday, however, the U.S. Food and Drug Administration (FDA) gave it a 'Class 1' label, the most serious designation for products with a high risk of health hazard or death. As of now, no illnesses have been reported in connection with the affected supplements, however, the company is urging customers with the affected products not to consume the capsules due to the risk of salmonella infection. The Independent has reached out to the company for comment. Salmonella bacteria are commonly found in the intestinal tracts of humans and other animals, according to the Mayo Clinic. Salmonella infection is a common bacterial disease that can affect the intestinal tracts and occurs after drinking contaminated water, eating raw meat, poultry, eggs, or unpasteurized milk. According to the Cleveland Clinic, Salmonella is the most common form of bacterial food poisoning, with symptoms such as diarrhea, fever, chills, and stomach cramps. 'In some cases, diarrhea can cause severe dehydration and requires prompt medical attention. Life-threatening complications also may develop if the infection spreads beyond the intestines,' Mayo Clinic states. 'The incubation period — the time between exposure and illness — can be 6 hours to 6 days. Often, people who have Salmonella infection think they have the stomach flu,' the clinic explains. Any individual, adult or infant, with a weakened immune system, is at higher risk of serious illness, according to the Centers for Disease Control and Prevention. A well-known tomato brand recently issued a voluntary recall due to potential salmonella contamination. Ray & Mascari Inc. announced the recall of its four packs of Vine Ripe tomatoes on May 2. The company issued the recall after they were notified by Hanshaw & Caping Farms in Immokalee, Florida, of potential bacterial contamination. At-risk tomatoes were packaged in plastic cartons with a VINE RIPE TOMATOES label that read "Packed by Ray & Mascari Inc." The recall extended to several states, including New York, Illinois, Michigan, Pennsylvania, Indiana, Kentucky, Missouri, Mississippi, Tennessee, Ohio, and Wisconsin. Williams Farms Repack LLC also recalled a crop of tomatoes sold to wholesalers in South Carolina, North Carolina, and Georgia, highlighting the same bacterial risk.
Yahoo
01-04-2025
- Business
- Yahoo
Elon Musk's Comment on Vine Sparks 122% Surge in Solana Meme Coin
Elon Musk's potential revival of Vine has triggered a surge in the Solana-based meme coin $VINE, which jumped 122% in three days. The speculation began after xAI employee Dane Jacobson announced that the company now owns Vine and asked for suggestions on what to do with it. Musk responded, 'Feel free to take that on,' prompting many to assume he approved the app's comeback. Vine's co-founder, Rus Yusupov, reposted the exchange, adding to the speculation. Musk previously mentioned in January that he was 'looking into' bringing back Vine, especially as discussions about a TikTok ban in the U.S. gained traction. Shortly after, Yusupov launched the $VINE token, causing it to briefly reach a market cap of $498 million before crashing 89% to $55 million. Following Musk's recent comments, the token spiked 110% from Friday to Saturday, reaching $52 million before dropping 41% to $30.55 million. It then climbed another 80% to $55 million. Yusupov has also launched a Vine Coin website with a waitlist, fueling speculation that the token could be integrated into a potential relaunch of the app. Musk has previously dabbled in cryptocurrency, allowing Dogecoin payments for Tesla purchases and exploring blockchain use in government projects. However, there is no confirmation that $VINE will have a role in Vine's possible return. The hype around $VINE has also drawn attention to other meme coins. A similar pattern was seen with a token linked to JellyJelly, a podcasting app created by Venmo co-founder Iqram Magdon-Ismail. That token initially surged to a market cap of $248.5 million before dropping 94% to $14.88 million. Meanwhile, another meme coin, Flockerz, has been gaining traction as it prepares to launch, with some investors hoping it could replicate $VINE's early surge. Vine, which was originally acquired by Twitter and shut down in 2017, was among the first major short-video platforms. Musk had previously run a poll on X, formerly Twitter, asking users if Vine should be revived, with the majority voting in favor. After acquiring Twitter in 2023, he reportedly had engineers explore a Vine reboot, but no concrete action was taken. With uncertainty around TikTok's future in the U.S., speculation about Vine's comeback continues. Some see it as a potential alternative to the Chinese-owned platform. While betting platform Polymarket initially placed a 58% probability on X relaunching Vine before July, that figure has now dropped to 24%. Investors remain cautious, as the hype surrounding $VINE could fade just as quickly as it surged. Sign in to access your portfolio
Yahoo
27-03-2025
- Politics
- Yahoo
Debate complicates Maine legislation for text, app notification for crime victims
Mar. 27—Maine law enforcement officials and victim rights advocates say they want a modern, electronic system for notifying victims when a defendant is getting released from jail, but they disagreed this week on whether a proposed bill is the right approach. "There is no question that our archaic system of phone calls, or letters, is insufficient," Penobscot County Sheriff Troy Morton told a legislative committee Wednesday. "The question is, when will Maine catch up with the rest of the country?" The debate played out during a public hearing on a legislative proposal to enable county sheriffs, who run the jails, to offer victims electronic notifications of releases. Penobscot and Somerset counties are already testing these program, and Aroostook County and Two Bridges Regional Jail are preparing to join. Under state law, all jails must directly notify victims of domestic violence, sexual assault or stalking when a pre-trial defendant has been bailed out, and send a notice via first class mail when a convicted person's release date is scheduled. Bill sponsor Sen. Anne Carney, D-Cape Elizabeth, said LD 981, would allow sheriffs' offices to choose whether to implement an electronic system in addition to, or in lieu of, a written notification or phone call. "One of the scariest things for a victim of crime, whether it is an assault, burglary or something else, is not knowing when the perpetrator is incarcerated and when they might be returned to the community," said Carney. But victim rights advocates, who generally support the idea, are still concerned about the national platform sheriffs want to use, which other states have stopped working with as new providers hit the market. At least one state has complained of privacy concerns and reports of outages. They're also worried that without guaranteed funding and support from all counties, the system will fall apart once its up and running. (It's a competitive year for the state budget and federal funding for victim advocacy continues to drop.) PRIVACY CONCERNS Penobscot County is testing out a system now through VINE, short for for Victim Information and Notification Everyday, Morton told lawmakers. And it's not just serving victims; Morton said family members of those who are incarcerated can sign up out of concern for defendants' wellbeing. "It is so much more than I thought. It wasn't just about victims and witnesses of domestic violence," said Morton. Equifax, which runs VINE, said they covered the initial start-up costs of the pilot programs in Maine. Equifax's Northeast Government Relations Director Julie Hart told lawmakers Wednesday that VINE is the nation's largest victim notification provider, serving 47 states. She said users can sign up for notifications by phone, text or email regarding a specific case at There's a 24/7 support line for user issues, she said, and anyone can use the website to search for updates on a case without creating an account. But the Maine Coalition to End Domestic Violence — one of the state's largest advocacy organizations for victim rights — still has questions about whether the VINE system can meet the state's legal standards for ensuring victim notification. The coalition said they enthusiastically support the idea, but not the legislation. Receiving a "passive" app-based alert or a text is not the same as reaching a victim over the phone or speaking with them face to face, said policy director Andrea Mancuso, who urged lawmakers not to abandon traditional phone and mail methods. "They can't be confident that the victims actually received a notification," Mancuso told lawmakers. She shared concerns about the counties' ability to maintain the electronic notification system. The bill includes a one-time $575,000 price tag, which Morton said would be enough to cover the cost of launching VINE in each county. But Mancuso and others are concerned that counties won't be able to pay for the service after the initial setup, saying jails already lack the staff and funding to meet current legal requirements for victim notification. "There's no agreement about how we're going to sustain this long term," Mancuso said. "We have questions about what that means for crime victims, if they sign up for electronic notification ... and then a year, months down the road, the county is no longer sustaining that electronic notification. What happens then?" ANYONE CAN SIGN UP She and the Maine Department of Corrections urged lawmakers to look at the handful of states that have cut ties with VINE over those issues. Although no state was mentioned by name, the Oregon Department of Corrections in 2023 told state lawmakers there that VINE's system costs were increasing faster than what the state could pay, all while the state struggled with increasing technological glitches and "hundreds of notifications" getting lost. The Oregon department said VINE's parent company Appriss, which Equifax acquired in 2021, was sharing user data in 2019 with other Appriss platforms. An Equifax spokesperson said in an email Thursday that they "never have, and never will use or disclose victim data for any purpose other than victim notifications." They do offer other services for law enforcement and state agencies that may use "public incarceration data," but the spokesperson said they only use that data if approved by the state. Despite VINE's reassurances, the DOC's Government Affairs Director Sam Prawer asked lawmakers to consider adding data protections to the proposed law. He asked lawmakers for more time and discussion on the bill. A work session has yet to be scheduled. VINE doesn't ask for registrants to submit their names, Hart told lawmakers, another feature that some have taken issue with. Legislative Coordinator Peter Lehman, from the Maine Prisoner Advocacy Coalition, suggested a defendant's "enemies" could sign up for release notifications. Lehman questioned the fairness of allowing unrelated people to receive notifications, especially if the defendant was being held before trial. "Does the pilot program have waivers?" Lehman asked. "We're also, remember, talking about notification of people who often are pre-trial. They're not even convicted of anything. We're talking about jails. We're talking about people who we don't know what's going to happen. To have sort of a universal notification system about them seems inappropriate." Hart did not address Lehman's concerns at the hearing. Copy the Story Link
