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Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn
solana

Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn

While the market is bearish today, XEM, CRO, and SOL are showing strong resistance and are trending up

Over 81% Helium Community Approves Migration to Solana Blockchain
solana

Over 81% Helium Community Approves Migration to Solana Blockchain

Helium developers proposed the migration to help scale the blockchain through more efficient transactions and interoperability.

Krafton Partners with Solana Labs to Develop blockchain-based Games
solana

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus
solana

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.

Block.one Launches EOSIO for Business as PwC Makes $1.76T 2030 Blockchain GDP Prediction
solana

Block.one Launches EOSIO for Business as PwC Makes $1.76T 2030 Blockchain GDP Prediction

Block.one has launched a new suite of enterprise service offerings designed to help organizations integrate blockchain-based solutions into their operations.

Arbitrum One Achieves a Historic $10 Billion TVL Milestone
solana

Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards
solana

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

Huobi, a cryptocurrency exchange, launched a crypto-to-fiat debit card cooperation with Solaris, a European financial services company. Huobi users may utilize their digital assets internationally at the point of sale through Visa's program. In the second quarter of 2023, European Economic Area (EEA) users will get the card.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies
solana

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

Saros Cryptocurrency (SAROS) will be listed on Bybit
solana

Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
solana

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase

Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.

$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
solana

$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice

In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.

Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
solana

Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange

The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.

Solana Foundation Responds to SEC's Security Classification of SOL Token
solana

Solana Foundation Responds to SEC's Security Classification of SOL Token

The Solana Foundation has publicly objected to the United States Securities and Exchange Commission's (SEC) recent classification of its native cryptocurrency, Solana (SOL), as a security.

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)
solana

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
solana

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.

Phantom Wallet Says Solana Hack Did Not Come From Systems
solana

Phantom Wallet Says Solana Hack Did Not Come From Systems

Blockchain wallet services provider Phantom has shared the update from its investigation into the security breach that affected top hot wallets built on the Solana protocol last week.

Solana Introduces Web3 Mobile Phone Saga
solana

Solana Introduces Web3 Mobile Phone Saga

Solana Labs subsidiary Solana Mobile has announced the launch of the mobile phone "Saga" set for launch in 2023.

Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
solana

Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access

Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution
solana

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution

Tether Operations Limited, Oobit, and TON Foundation collaborate to revolutionize crypto payments, offering a seamless transaction experience.

Transitioning from Rust to Solana: A Comprehensive Guide for Developers
solana

Transitioning from Rust to Solana: A Comprehensive Guide for Developers

This article provides a detailed guide for developers transitioning from Rust to Solana, highlighting the key differences and setup details.

Crypto Market Surges in May with Key Regulatory Approvals
solana

Crypto Market Surges in May with Key Regulatory Approvals

Crypto market up 8.6% in May, driven by favorable regulations.

Solana Breakpoint 2024: Key Side Events and Highlights
solana

Solana Breakpoint 2024: Key Side Events and Highlights

Explore the side events happening at Solana Breakpoint 2024 in Singapore.

Circle Expands Web3 Services to Solana (SOL), Empowering Developers with New Tools
solana

Circle Expands Web3 Services to Solana (SOL), Empowering Developers with New Tools

Circle's Web3 Services now support Solana, enhancing developer tools.

Circle Enhances Web3 Services with Solana Support and New Developer Tools
solana

Circle Enhances Web3 Services with Solana Support and New Developer Tools

Circle introduces Solana support for Programmable Wallets, new Smart Contract API, and Circle Credits Program to aid developers. Learn more about the latest updates.

Prospects of a Solana (SOL) ETF: What Lies Ahead?
solana

Prospects of a Solana (SOL) ETF: What Lies Ahead?

VanEck and 21Shares' Solana ETF proposal sparks optimism and regulatory scrutiny, highlighting the potential for institutional investment in Solana.

OKX Wallet Integrates Solana Blinks for Enhanced DApp Interaction
solana

OKX Wallet Integrates Solana Blinks for Enhanced DApp Interaction

OKX Wallet has integrated Solana Blinks, enabling users to interact with DApps on Solana directly via Twitter.

Worldcoin’s World ID Expands to Solana via Wormhole Grant
solana

Worldcoin’s World ID Expands to Solana via Wormhole Grant

Wormhole secures a grant to integrate Worldcoin's World ID with Solana, enhancing cross-chain identity verification.

Solana ETF, MiCA Framework, and Ethereum's Reth Client Highlight Weekly Top Stories
solana

Solana ETF, MiCA Framework, and Ethereum's Reth Client Highlight Weekly Top Stories

Key highlights include VanEck's Solana ETF filing, MiCA framework in the EU, and the release of Ethereum's production-ready Reth execution client.

Bitfinex to List MEW Token, Expanding Meme Coin Offerings
solana

Bitfinex to List MEW Token, Expanding Meme Coin Offerings

Bitfinex announces the listing of MEW, a meme coin on the Solana blockchain, enhancing its digital asset portfolio.

MEW Token Challenges Dog-Themed Memecoins on Solana Blockchain
solana

MEW Token Challenges Dog-Themed Memecoins on Solana Blockchain

MEW, a cat-themed cryptocurrency on the Solana blockchain, aims to rival dog-themed coins like Dogecoin and Shiba Inu through strategic burning and community engagement.

Solana (SOL) ETF: Opportunities and Challenges in the Financial Market
solana

Solana (SOL) ETF: Opportunities and Challenges in the Financial Market

VanEck and 21Shares propose a Solana (SOL) ETF, sparking debates on its potential impact and challenges in the crypto market.

BitMEX Introduces 100x Leverage for SOLUSD Perpetual Swap
solana

BitMEX Introduces 100x Leverage for SOLUSD Perpetual Swap

BitMEX has announced the launch of 100x leverage for the SOLUSD perpetual swap, effective from July 10, 2024.

Solana Launches Real-Time Carbon Emissions Tracking Dashboard
solana

Solana Launches Real-Time Carbon Emissions Tracking Dashboard

The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain, making it the first "major smart-contract blockchain" to do so. The dashboard, available on the Solana Climate website, aims to set a new standard for measuring emissions in the blockchain industry and encourages transparency. The data used to power the dashboard is open-source and modeled on the estimated carbon footprint of the Dell PowerEdge R940. The move comes as global efforts are being made to utilize blockchain technology to monitor carbon emissions.

Google Cloud Says Running Validator on Solana Blockchain
solana

Google Cloud Says Running Validator on Solana Blockchain

Google Cloud is running a validator on the Solana blockchain. The validator will soon add new features that will allow integration for Solana (SOL) developers and node runners.

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023
solana

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.

Only1 Launches First Web3.0 Social NFT Platform Built on Solana
solana

Only1 Launches First Web3.0 Social NFT Platform Built on Solana

Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.

Mango Markets DEX Raises $70M through MNGO Tokens Sale
solana

Mango Markets DEX Raises $70M through MNGO Tokens Sale

Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.

Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
solana

Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan

A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.

Goldman CEO "Big Believer" in Blockchain
solana

Goldman CEO "Big Believer" in Blockchain

David Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
solana

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.

5G Wireless Network Helium Proposes Migration to Solana Blockchain
solana

5G Wireless Network Helium Proposes Migration to Solana Blockchain

Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform
solana

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform

EDX Markets has partnered with Solidus Labs to use the HALO platform, monitoring $16 trillion in crypto trading, enhancing compliance and risk management.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members
solana

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Lido Finance Halts Operations on Solana Following Community Consensus
solana

Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.

SolanaFM Secures a Seed Funding Round Worth $4.5M
solana

SolanaFM Secures a Seed Funding Round Worth $4.5M

World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms

Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million
solana

Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million

Bitcoin's price dropped to $24,900 due to bearish sentiment and news, leading to over $160 million liquidation. However, a bullish RSI divergence boosted Bitcoin's rebound by over 3%.

Arthur Hayes suggests Dogwifhat (WIF) may hit $10
solana

Arthur Hayes suggests Dogwifhat (WIF) may hit $10

Arthur Hayes suggests Dogwifhat (WIF) may hit $10, leveraging the crypto trial verdict which negated Wright's claim as Bitcoin's creator.

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
solana

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.

Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor
solana

Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor

Solidus Labs seeks to transform financial risk monitoring. Dawn Stump will help solidus Labs pursue its mission to enable a safe and regulated crypto market.

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary
solana

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary

United Kingdom’s Financial Conduct Authority (FCA) has suspended Wirecard Card Solution Ltd, the Wirecard’s subsidiary responsible for the issuance of Visa crypto debit cards.

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
solana

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.

South Korea's Crypto Tax Delayed Until Jan 2025
solana

South Korea's Crypto Tax Delayed Until Jan 2025

Crypto tax on digital assets in South Korea will be further delayed by another two years, according to an announcement from an official of the Ministry of Economy and Finance tax policy.

2023 Call for Code Hackathon: AGNO, Phyto, and Synergy Squad Emerge as Winners
solana

2023 Call for Code Hackathon: AGNO, Phyto, and Synergy Squad Emerge as Winners

The 2023 Call for Code Hackathon, focusing on AI for sustainability, announced winners AGNO, Phyto, and Synergy Squad for their impactful solutions in agriculture and waste management.

Solana Announces Hyperdrive Hackathon
solana

Solana Announces Hyperdrive Hackathon

Solana, a blockchain platform, has launched Hyperdrive, an engineering and business competition allowing teams to transform ideas into operational projects within five weeks. The event, facilitated by Solana Hacker Houses in Bengaluru and Mumbai, has attracted over $600 million in venture funding.

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
solana

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
solana

NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities

In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.

Ex-Terra Developer Somani Raises $15M for Startup
solana

Ex-Terra Developer Somani Raises $15M for Startup

Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of TerraUSD.

Citi Unveils Digital Asset Solutions with Blockchain Integration
solana

Citi Unveils Digital Asset Solutions with Blockchain Integration

Citi Treasury and Trade Solutions (TTS) has launched Citi Token Services, a digital asset service that integrates blockchain and smart contract technologies to improve cash management and trade finance for institutional clients. The service offers cross-border payments, liquidity, and automated trade finance solutions, aiming to improve the regulated financial system and streamline global liquidity management.

Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling
solana

Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling

The major blackout, which ran for several hours, is not the first time a bug caused Solana’s network to temporarily fail.

Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second
solana

Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second

Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49 billion.

OpenSea Signals Integration of Solana NFTs by April
solana

OpenSea Signals Integration of Solana NFTs by April

Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.

The Number of Non-Zero Ethereum Addresses Hit an ATH
solana

The Number of Non-Zero Ethereum Addresses Hit an ATH

The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.

Breaking: Visa Expands Stablecoin Settlement On Solana
solana

Breaking: Visa Expands Stablecoin Settlement On Solana

Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana
solana

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/.

Solana Launches $100m Web3.0 Fund for South Korean Startups
solana

Solana Launches $100m Web3.0 Fund for South Korean Startups

Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator
solana

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator

Vermont's Department of Financial Regulation also said that Celsius Network is also not honouring its obligations to customers and creditors as it does not have the assets and liquidity to do so.

Magic Eden Embraces Compressed Solana NFTs
solana

Magic Eden Embraces Compressed Solana NFTs

Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
solana

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security

Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.

Uniswap Makes its Way onto StarkNet with Nethermind's Help
solana

Uniswap Makes its Way onto StarkNet with Nethermind's Help

Nethermind, an Ethereum Development Company is helping to launch the Uniswap Decentralized Exchange (DEX) onto the StarkNet Layer-2 network.

DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools
solana

DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools

DeFi protocol Texture Finance has tapped $5m in funding from P2P Capital amongst others.

OKX Joins Forces with Solana Mobile
solana

OKX Joins Forces with Solana Mobile

OKX has partnered with Solana Mobile to integrate its Web3 solutions into the dApp store on the Solana Saga smartphone. This partnership aims to enhance mobile access to Web3 and broaden everyday accessibility to decentralized applications and services.

Crema Finance Hacker Returns Stolen Crypto Following Negotiation
solana

Crema Finance Hacker Returns Stolen Crypto Following Negotiation

Crema Finance has received 6,064 ETH ($7 million) and 23,967 SOL ($870,000) from a hacker who had stolen 69,422.9 SOL and 6,497,738 USDC stablecoin (roughly $9 million) following a negotiation.

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
solana

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.

Solana Network Goes Offline Amid Massive SOL Price Plunge
solana

Solana Network Goes Offline Amid Massive SOL Price Plunge

The Solana blockchain network has been down for several hours, an incident that adversely affected the price of SOL cryptocurrency. Restoration efforts are underway.

Celsius Denies Allegation of CEO Leaving US
solana

Celsius Denies Allegation of CEO Leaving US

Celsius Network has denied its CEO's leaving from the US, claiming that all related allegations are false. Alex Mashinsky was reportedly stopped by authorities, amid insolvency rumours about his company.

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions
solana

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has launched Skinny ID aimed at offering a seamless and frictionless onboarding process.

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
solana

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions

The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.

Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations
solana

Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations

Blockstream has officially launched Greenlight, a Lightning-as-a-Service (LaaS) solution, aimed at alleviating the operational challenges of managing Lightning network nodes while enhancing security. The service, revealed in June and launched on October 12, 2023, allows developers to retain key control, reducing risks and freeing up essential resources for core business operations. Greenlight offers a blend of convenience and self-custody, making it a noteworthy advancement in the blockchain and Lightning network domain.

Pre-Production Solana Phone Set to Ship to Developers in December
solana

Pre-Production Solana Phone Set to Ship to Developers in December

As the launch draws closer, Solana phones (also called Saga) pre-production are now set to be shipped out to developers for testing from December 15th.

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL
solana

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL

Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.

NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation
solana

NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation

NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.

Solana Network Experiences Slowdown in Block Production Following Upgrade
solana

Solana Network Experiences Slowdown in Block Production Following Upgrade

After validator software update, Solana network block generation slowed on Feb. 25.

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana
solana

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties
solana

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance

Solar-powered Crypto Mining Becomes Legal in Uzbekistan
solana

Solar-powered Crypto Mining Becomes Legal in Uzbekistan

Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated.

Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market
solana

Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market

CoinShares reports a significant increase in investor bullishness towards digital assets, with a total inflow of $125 million in the past week. In the last fortnight, inflows totaled $334 million, representing nearly 1% of the total assets under management (AuM).

Solana Network Resume Operation after Long Hours Shutdown
solana

Solana Network Resume Operation after Long Hours Shutdown

The Solana blockchain network is back online after several hours of outage that denied users to transact digital asset products.

Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology
solana

Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology

Solana Mobile's new web3 phone "Chapter 2" achieves unprecedented demand, selling out its first-year sales target within a single day. Priced at $450 and set for 2025 release, this device aims to make web3 tech more accessible.

Bitcoin Miner CleanSparks Buys 10,000 Miners at Discounted Price
solana

Bitcoin Miner CleanSparks Buys 10,000 Miners at Discounted Price

American Nasdaq-listed cryptocurrency mining company CleanSpark has announced the purchase of new 10,000 Antminer S19j Pro units for $28 million.

Solana sees Network Instability Amid Crypto Volatility
solana

Solana sees Network Instability Amid Crypto Volatility

Solana was hit by instability due to excessive duplicate transactions, according to the notice on the blockchain network's website.

Jump Crypto to Build New Validator Client for Solana
solana

Jump Crypto to Build New Validator Client for Solana

Following the growing security breaches on the Solana Blockchain network, Jump Crypto, a start-up known for many things in the digital currency ecosystem, from system redesign to investment, is set to help the protocol build a new validator client.

Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week
solana

Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week

In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021.

Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea
solana

Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea

The Solana Foundation has cooperated with ROK Capital to jointly launch a $20 million fund, aiming to further expand Solana's blockchain ecosystem in South Korea.

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
solana

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts

As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.

Uniswap Labs Announces Upcoming v4 and Developer Training Program
solana

Uniswap Labs Announces Upcoming v4 and Developer Training Program

Uniswap Labs teases the launch of Uniswap v4 and introduces an 8-week developer course to master v4 hooks, led by industry experts including Will Pote.

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum
solana

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.

KuCoin CEO Clarifies Insolvency Rumours as FUD Spreads
solana

KuCoin CEO Clarifies Insolvency Rumours as FUD Spreads

KuCoin Exchange’s Chief Executive Officer, Johnny Lyu, has continued to dispel all rumours that the trading platform is turning insolvent.

ShIB and LPT Lead the Surge of Meme Coins as Bitcoin Stagnates at $29,400
solana

ShIB and LPT Lead the Surge of Meme Coins as Bitcoin Stagnates at $29,400

ShIB and LPT lead the meme coin surge, with trading volumes of $2.25B and $975.24M on Binance Futures. Top gainers include BLZ, LPT, and RUNE, while Bitcoin remains stagnant at $29,400.

OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
solana

OpenSea Set to Launch 2.0 Version to Enhance NFT Experience

OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.

Everlend Finance, a Solana-based decentralized finance
solana

Everlend Finance, a Solana-based decentralized finance

Solana protocol decentralises finance Closing Everlend Finance.

Solana Foundation Offers $400k Bounty for Critical Code Discovery
solana

Solana Foundation Offers $400k Bounty for Critical Code Discovery

Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.

Serum Hits New All-Time High amid 900% Year-to-Date Increase
solana

Serum Hits New All-Time High amid 900% Year-to-Date Increase

Serum (SRM), a decentralized exchange that operates on the Solana blockchain, set a new all-time high of $11.24 today.

Binance  Web3 Wallet Enhances Crypto Accessibility with Solana (SOL) Integration
solana

Binance Web3 Wallet Enhances Crypto Accessibility with Solana (SOL) Integration

Binance's Web3 Wallet now supports Solana, allowing users to manage tokens and access dApps directly, boosting the interoperability and utility of its platform.

Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
solana

Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia

Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the NFT industry.

ChatGPT in Finance: A New Era of Ethical Considerations and Solutions
solana

ChatGPT in Finance: A New Era of Ethical Considerations and Solutions

ChatGPT is revolutionizing the finance sector, bringing innovative applications and ethical challenges. This article explores its uses, the ethical concerns it raises, and potential solutions for a responsible future in finance.

Oobit Secures $25M in Series A Led byTether and CMCC Globa
solana

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.

Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials
solana

Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials

Waste management is one of the main challenges after global warming, which affects the natural environment. Dell is committed to developing solutions to enable better waste management. Recently, Dell partners with VMware to track recycled packaging materials using blockchain.

Federal Judge Refuses to Consolidate Class-Action Lawsuits Against FTX Exchange
solana

Federal Judge Refuses to Consolidate Class-Action Lawsuits Against FTX Exchange

A federal judge has denied a request to consolidate five proposed class-action lawsuits against the bankrupt crypto exchange FTX. The plaintiffs, including Julie Papadakis, Michael Elliott Jessup, Stephen Pierce, Elliott Lam, and Russell Hawkins, accuse former FTX CEO Sam Bankman-Fried and other executives of misappropriating assets. While all the plaintiffs are pursuing Bankman-Fried, the cases also involve various other defendants, including outside auditors and exchange promoters. The judge pointed out that not all defendants had the opportunity to respond yet, and there's no need to consolidate before hearing their side.

Solana NFTs Go Live on OpenSea
solana

Solana NFTs Go Live on OpenSea

Top non-fungible token (NFT) marketplace OpenSea's long-anticipated integration with Solana has finally gone live.

Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees
solana

Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees

Binance introduces five new trading pairs, including DOGE/FDUSD and SOL/FDUSD, and offers zero maker fees on FDUSD pairs until further notice, potentially increasing liquidity and trading volumes, with TRY as part of TOMO/TRY and UNFI/TRY pairs.

Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain
solana

Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain

The US branch of the world-leading Binance exchange, Binance.US, is opening an office in Portals, the Metaverse platform on the Solana blockchain.

Helium Network to Migrate to Solana Blockchain
solana

Helium Network to Migrate to Solana Blockchain

Helium will migrate to Solana and install Oracles on March 27.

Solana Joins BTC, ETH on Bloomberg Terminal
solana

Solana Joins BTC, ETH on Bloomberg Terminal

Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.

FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security
solana

FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security

FTX Japan has introduced a blockchain-based Proof of Solvency (PoS) to ensure the transparency and security of its customer's assets. The PoS, announced on September 28, 2023, by COO Seth Melamed, enables the objective verification of asset management, allowing customers easy access to verify their balances. The details of PoS will be published weekly on the Ethereum blockchain, marking a significant step towards enhancing trust and transparency in the cryptocurrency ecosystem.

Binance Introduces MirrorX: A New Off-Exchange Settlement Solution
solana

Binance Introduces MirrorX: A New Off-Exchange Settlement Solution

Binance introduces MirrorX, an off-exchange settlement solution for VIP and Institutional clients, enabling immediate asset delegation, automatic settlements, facilitated withdrawal, and risk mitigation through a 1:1 ratio collaboration with Ceffu.

Three Arrows Capital Becomes 2nd crypto issuer Facing Insolvency
solana

Three Arrows Capital Becomes 2nd crypto issuer Facing Insolvency

The unfavorable market conditions continue to impact firms operating in the crypto industry. Three Arrows Capital is the latest firm identified to be facing a bankruptcy risk.

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m
solana

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m

In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.

Bitcoin Falls to the Lowest Level since Dec 2020
solana

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.

SBF Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday
solana

SBF Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday

FTX CEO Sam Bankman-Fried retreated his crypto exchange and assets are fine, trying to boost confidence to his investors, as speculation mounted over the weekend about the solvency of the exchange.

Tritum Raises $1.1m Funding Round to Accelerate Institutional Digital Assets Adoption
solana

Tritum Raises $1.1m Funding Round to Accelerate Institutional Digital Assets Adoption

Tritum disclosed the new funds would be used to continue accelerating the expansion of the throughput and size of each of its existing operating businesses.

VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild
solana

VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild

VanEck has announced a 10-year commitment to donate 10% of its Ethereum ETF profits to Protocol Guild, supporting Ethereum's core protocol development. This pledge precedes the anticipated launch of the EFUT ETF, set to bolster mainstream Ethereum adoption.

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
solana

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens
solana

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023.

Thousands of Solana Wallets Hacked, Estimates of Damage Unclear
solana

Thousands of Solana Wallets Hacked, Estimates of Damage Unclear

The hack on Wednesday was executed after a flaw was exploited to suck out cryptocurrencies from 8,000 crypto wallets where owners stored their funds, the Solana Foundation announced.

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
solana

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.

On BX Swiss market, 21Shares launches crypto staking ETP
solana

On BX Swiss market, 21Shares launches crypto staking ETP

Staking-focused crypto-exchange-traded product from 21Shares. The STAKE ETP follows BNB, Cardano, Cosmos, Polkadot (DOT), Solana, and Tezos. 21Shares Staking Basket ETP never lends. AXTZ's year-to-date performance has increased 38% and ASOL's 78%.

Binance US Faces SEC Accusations Over Alleged Securities Trading Violations
solana

Binance US Faces SEC Accusations Over Alleged Securities Trading Violations

The Securities and Exchange Commission (SEC) has leveled a series of accusations against the US operations of cryptocurrency exchange Binance, casting a significant cloud over the future of the platform in the United States.

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System
solana

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.

Stripe Is Integrated By Solana Market Maker For Fiat-To-Crypto Transfers
solana

Stripe Is Integrated By Solana Market Maker For Fiat-To-Crypto Transfers

The Solana-based automated market maker Orca has opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe. Users can now purchase the blockchain's standard native SPL tokens, including USD Coin and SOL, with fiat currencies. This comes as the entire crypto industry picks itself up after the collapse of the former powerhouse crypto exchange FTX.

1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions
solana

1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions

1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution.

Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports
solana

Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports

Blockchain solutions provider Jelurida has partnered with AR firm Aumenta Solutions to create a blockchain-based maintenance system for ports, aimed at increasing the traceability of maintenance operations. The system combines blockchain certification and AR, allowing workers to access real-time digital information. Jelurida and Aumenta Solutions are targeting the global port infrastructure market with the technology.

Blockchains Do Not Address Any Fresh Issues - Polygon's Sandeep Nailwal
solana

Blockchains Do Not Address Any Fresh Issues - Polygon's Sandeep Nailwal

The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics: the Web3 revolution is not solely intended to address "new" problems

Binance Promotion: Subscribe to SOL or BNB Locked Products or Stake ETH to Share 7,777 ACE in Airdrop Rewards
solana

Binance Promotion: Subscribe to SOL or BNB Locked Products or Stake ETH to Share 7,777 ACE in Airdrop Rewards

Binance announces a promotion where users can subscribe to SOL or BNB Locked Products or stake ETH to earn a share of 7,777 ACE in airdrop rewards. The promotion period is from April 30, 2024, to May 13, 2024. Eligible users will be ranked based on their net eligible subscription amount and the top 500 users will qualify for rewards.

Coinbase Cloud Adds Solana Archive Node
solana

Coinbase Cloud Adds Solana Archive Node

Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana.

Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration
solana

Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration

Polygon has launched the Solution Provider Network (SPN) to facilitate real-time connections between developers and essential infrastructure like oracles, bridges, RPC providers, and wallets, enhancing visibility and credibility within the Polygon ecosystem.

Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions
solana

Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions

Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.

JasmyCoin $JASMY Unveils Layer 2 Solution, Jasmy Chain, to Democratize Data and Enhance Scalability
solana

JasmyCoin $JASMY Unveils Layer 2 Solution, Jasmy Chain, to Democratize Data and Enhance Scalability

Jasmy has introduced its Layer 2 solution, Jasmy Chain, built on Ethereum blockchain, offering an efficient, cost-effective, and secure way for users to transact data, combining IoT and blockchain technologies for data storage and marketplace.

Smart Contract 101: What is Remix?
solana

Smart Contract 101: What is Remix?

Solidity 101 Tools for Smart Contracts is a series of tutorials for beginners to learn the easiest way to build smart contracts. In this lesson we will use the online tool - Remix.

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain
solana

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Expansion into the Ethereum blockchain is set to enable Magic Eden to integrate Ethereum NFTs into its platform.

Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
solana

Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding

Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.

Panda DAO to Refund Investors as it Explores Protocol Dissolution
solana

Panda DAO to Refund Investors as it Explores Protocol Dissolution

Panda DAO, a Decentralized Autonomous Organization, is putting forth a proposal to dissolve its treasury and repay its investors if the proposal is passed.

Xternity migrates Solana multiplayer Web3 game for Polygon
solana

Xternity migrates Solana multiplayer Web3 game for Polygon

Polygon and Xternity migrated Synergy Land, a multiplayer Web3 game from Solana, to Polygon. Solana-compatible wallets are linked, burned, then recreated on Polygon. Polygon's update reduces gas charge spikes and fixes chain rearrangement.

Sullivan and Cromwell's Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors
solana

Sullivan and Cromwell's Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors

The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered.

Solana (SOL) Hits New AHT of $145, Displaces Dogecoin To Become the Seven-Largest Cryptocurrency
solana

Solana (SOL) Hits New AHT of $145, Displaces Dogecoin To Become the Seven-Largest Cryptocurrency

Solana is making an impressive rally this year, prompting the need to understand such trading performance. SOL's recent performance has replaced Dogecoin to become the seven-largest cryptocurrency.

SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos
solana

SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos

In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities.

Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
solana

Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai

The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai's standing as a global hub for blockchain and Web3 technologies.

Gitcoin and Shell Partner to Leverage Blockchain for Climate Solutions
solana

Gitcoin and Shell Partner to Leverage Blockchain for Climate Solutions

Gitcoin collaborates with Shell to incentivize renewable energy adoption using blockchain. The partnership includes funding for Climate Solutions rounds and a Q4 hackathon.

Aave Announces the Launch of Its V2 Liquidity Mining Program
solana

Aave Announces the Launch of Its V2 Liquidity Mining Program

Aave announced the launch of the V2 liquidity mining (LM) program, which will operate for three months for analysis and end on July 15.

Arbitrum Airdrop Boosts zkSync Growth
solana

Arbitrum Airdrop Boosts zkSync Growth

Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.

SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects
solana

SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects

Infosys and SAP are in talks to create a joint go-to-market engagement model between project Embrace from SAP and Infosys' Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.

CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
solana

CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation

2023 saw a resilient crypto industry with a 108.1% increase in market cap to $1.72T and a total trading volume of $36.6T. NFT trading reached $11.8B, while stablecoins like Tether maintained a strong presence. Bitcoin's value rose significantly, contributing to the year's positive momentum.

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
solana

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.

eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
solana

eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes

The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).

DeFi Growth Outlook for 2021: From $18.71B to $258.58B
solana

DeFi Growth Outlook for 2021: From $18.71B to $258.58B

According to data from DeFiLlama, the DeFi ecosystem, encompassing the top blockchain networks saw a massive growth surge from $18.71 billion in Total Value Locked (TVL) as of Jan 1, 2021, to $258.58 billion it is pegged at as of today.

Solana Gum Protocol Shuts Down
solana

Solana Gum Protocol Shuts Down

Gum protocol on Solana ecosystem is shutting down due to market conditions and revenue issues, raising concerns about the sustainability of protocol-layer projects.

Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
solana

Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume

Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.

OKX Partners with Pyth Network
solana

OKX Partners with Pyth Network

Cryptocurrency exchange OKX announced that it is partnering with Pyth Network, which operates one of the largest and most reliable oracle networks.

Bankless: Solana's Resilience and Prospects Amid Market Challenges
solana

Bankless: Solana's Resilience and Prospects Amid Market Challenges

Solana has navigated through a challenging bear market and technical issues to emerge stronger in 2023. With improved network performance, diversification into new sectors like NFTs and AI, and upcoming developments like Neon EVM and Solang, Solana's future appears promising despite past setbacks.

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot
solana

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.

Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin
solana

Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin

Deutsche Bank has warned that there is a high chance of a crisis far worse than the current coronavirus pandemic and could have a chance of taking out Bitcoin completely.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
solana

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

Solana CEO Denies Network Outages Caused by On-Chain Voting
solana

Solana CEO Denies Network Outages Caused by On-Chain Voting

Solana CEO Anatoly Yakovenko has refuted claims that Solana's network outages were caused by its on-chain voting system clogging its consensus layer. The CEO responded to a Twitter user's claims that the high volume of validator messages and on-chain votes were clogging the network, calling the theory "pure ignorance." While the root cause of the recent 20-hour network outage is still not clear, commentators have pointed out that there is likely no singular cause of the network outages.

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum
solana

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.

Ripple Launches Liquidity Hub to Bridge Crypto and Fiat
solana

Ripple Launches Liquidity Hub to Bridge Crypto and Fiat

Ripple has launched a liquidity solution for businesses to access digital assets, including BTC, ETH, ETC, BCH, and LTC, through various market makers. The Ripple liquidity hub aims to bridge the gap between crypto and fiat, and reduce the cost of operations on high-volume transactions. Notably, XRP is not mentioned in the product launch, which could be attributed to Ripple's ongoing court battle with the SEC.

Kraken Irish Subsidiary Awarded VASP Authorization by Central Bank of Ireland
solana

Kraken Irish Subsidiary Awarded VASP Authorization by Central Bank of Ireland

Payward Europe Solutions, Kraken's Irish subsidiary, has been granted VASP authorization by the Central Bank of Ireland. This authorization comes at a critical time as the EU is set to vote on the MiCA regulation, which requires all companies operating as a crypto assets service provider in the EU to register with an authorized regulator.

Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP
solana

Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP

To meet customer requests for a broader selection of cryptocurrencies, American financial services company Robinhood has listed Shiba Inu, Solana, Polygon and Compound.

ChatGPT Predicts Solana SOL Price Could Reach $30 Again by the End of 2023
solana

ChatGPT Predicts Solana SOL Price Could Reach $30 Again by the End of 2023

Utilizing ChatGPT and AI machine learning technologies, we analyzed Solana's future prospects, revealing that its SOL token may be undervalued and oversold, especially when compared to other major cryptocurrencies. Regulatory challenges, such as the SEC's recent classification of SOL as a security, add complexity to Solana's market position. Despite this, the platform's unique consensus model and strong performance in the NFT market make it a noteworthy competitor to Ethereum. ChatGPT's analysis suggests that SOL could reach $30 by the end of 2023, although investors should exercise caution and conduct their own research due to the volatile and regulatory-sensitive nature of the crypto market.

SolChicks- The Best Play-to-Earn Game on Solana.
solana

SolChicks- The Best Play-to-Earn Game on Solana.

SolChicks is the next best play-to-earn RPG battle gaming ecosystem. Real-time PvP, raids, tournaments, farming, and more.

Clockwork on Solana Ends Development Despite $4M Seed Funding last year
solana

Clockwork on Solana Ends Development Despite $4M Seed Funding last year

Clockwork, a decentralized automation network, will cease active development by October 31 despite raising $4 million in seed funding a year ago. The team will continue to provide software but freeze on-chain programs. Alternative migration solutions are recommended.

Blockchain-Powered Farm to Plate Portal to Mitigate Recalls
solana

Blockchain-Powered Farm to Plate Portal to Mitigate Recalls

Farm to Plate, a blockchain-enabled provenance tracking portal by Paramount Software Solutions, is set to address the challenge of recalls witnessed in the food & beverage sector.

Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
solana

Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M

Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.

Why Multicoin Capital Invested $5.7M in Squads Labs
solana

Why Multicoin Capital Invested $5.7M in Squads Labs

Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban
solana

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
solana

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.

Solana's Wallet Phantom has Secured a $109M Series B Investment Led by Paradigm
solana

Solana's Wallet Phantom has Secured a $109M Series B Investment Led by Paradigm

Solana’s wallet Phantom has secured a $109 million Series B investment led by cryptocurrency firm Paradigm.

Whales Holding More Than 10,000 BTC Continue Accumulating More Bitcoin
solana

Whales Holding More Than 10,000 BTC Continue Accumulating More Bitcoin

On-chain metrics provider Santiment has noted that Bitcoin whales are taking advantage of the current raging market to accumulate more Bitcoin.

Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
solana

Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding

Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital.

FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services
solana

FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services

The FDIC has asked banks interested in acquiring failed U.S. lenders, Silicon Valley Bank and Signature Bank, to submit bids by March 17. The authority will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms. The FDIC has also required any buyer of Signature to agree to give up all cryptocurrency business at the bank. This news comes amid concerns expressed by U.S. Representative Tom Emmer that the federal government is “weaponizing” issues around the banking industry to go after crypto.

Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL
solana

Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL

Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain.

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX
solana

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX

GMEX acquired Pyctor from ING to expand its digital assets trading offering services and to fulfil growing demands from banks, asset management firms and other institutions.

Crypto Market Capitalization Inches Closer to $3 Trillion
solana

Crypto Market Capitalization Inches Closer to $3 Trillion

The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.

FTX's Top 10 Crypto Holdings Revealed: SOL, Bitcoin, Ethereum, XRP, APT Lead the Pack
solana

FTX's Top 10 Crypto Holdings Revealed: SOL, Bitcoin, Ethereum, XRP, APT Lead the Pack

The top 10 digital assets held by FTX account for a dominant 72% of its total crypto holdings. Leading this list is Solana (SOL), with a valuation hovering around $1.2 billion. Following closely are Bitcoin (BTC) and Ethereum (ETH), valued at $560 million and $192 million, respectively. The list further includes significant assets such as APT, USDT, XRP, BIT, STG, WBTC, and WETH. Their respective values oscillate between $1.37 billion and a modest $37 million.

Sui Foundation Allocates Over $1M to 17 Emerging Projects
solana

Sui Foundation Allocates Over $1M to 17 Emerging Projects

The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.

Unibot Ends Partnership with Solana (SOL) Team, Cites Security Concerns
solana

Unibot Ends Partnership with Solana (SOL) Team, Cites Security Concerns

Unibot announces the end of its collaboration with the Solana team due to security concerns and a breach of trust, signaling a shift towards in-house development.

Magic Eden Pulls $27m in Series A Funding Round
solana

Magic Eden Pulls $27m in Series A Funding Round

Solana-based NFT marketplace Magic Eden has pulled the sum of $27 million in a Series A funding round.

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas
solana

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas

Solana Spaces to Close Down Stores
solana

Solana Spaces to Close Down Stores

Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.

Bitcoin Is in a Normal Consolidation Market, says Bollinger Bands Inventor
solana

Bitcoin Is in a Normal Consolidation Market, says Bollinger Bands Inventor

The inventor of the famous Bollinger Bands indicator John Bollinger has suggested that the current Bitcoin price action depicts a normal consolidation market.

Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
solana

Digital Currency Group Sells Shares in Subsidiary's Crypto Funds

As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants
solana

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading
solana

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.

Solana (SOL) Surges by 230% on a Year-to-Date Basis to Hit a New High
solana

Solana (SOL) Surges by 230% on a Year-to-Date Basis to Hit a New High

Solana, which has faster transaction speed and lower fees than Ethereum, has been favored by Defi users to run applications. Recently, its native token SOL set a new all-time high of $37.10.

ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation
solana

ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation

Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region.

DEC Pulls $9M in Seed Funding to Create Decentralized Uber
solana

DEC Pulls $9M in Seed Funding to Create Decentralized Uber

The Decentralized Engineering Corporation has pooled a $9M Seed Fund to build a ridesharing Protocol

Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny
solana

Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny

Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.

Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting
solana

Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting

Robinhood Markets Inc., the popular trading platform known for democratizing investing, has released its operating data for May 2023, showing an increase in both equity and options trading but a decline in cryptocurrency trading.

Solana Apps May Soon be Ported to Cosmos Ecosystem
solana

Solana Apps May Soon be Ported to Cosmos Ecosystem

Developers can soon test their Solana Web3 apps for use in Cosmos ecosystem via Injective’s layer-2 testnet, which uses Solana’s Sea Level Virtual Machine. The new layer was created with Eclipse’s help.

Solana SOL Maintains $7.2 Billion Market Cap Despite SEC's Security Claim in Q2 2023
solana

Solana SOL Maintains $7.2 Billion Market Cap Despite SEC's Security Claim in Q2 2023

Solana, the high-performance, open-source blockchain, faced a challenging Q2 2023, marked by regulatory hurdles and a decline in its market cap and revenue. However, the network also saw a surge in fee-payer activity and an increase in non-vote transactions, indicating continued user engagement and network utility.

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
solana

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b

The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.

DMG Blockchain Solutions Quarterly Revenue Leaps $14.2m, up 639% Year-over-Year
solana

DMG Blockchain Solutions Quarterly Revenue Leaps $14.2m, up 639% Year-over-Year

Blockchain and crypto company DMG Blockchain Solutions announced record revenue of $14.2 million in the first quarter of 2022, up 639% year-over-year.

Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges
solana

Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges

Solidus Labs has revealed that at least $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. The study analyzed 30,000 DEX liquidity pools, finding 67% were tainted by wash traders. Solidus Labs has developed tools to identify and counteract market manipulation, including Token Sniffer and DEX-based A-A Wash Trading Detection. The partnership aims to ensure safe crypto trading across both centralized and DeFi markets.

Bank of England halts Silicon Valley Bank UK branch operations
solana

Bank of England halts Silicon Valley Bank UK branch operations

The Bank of England has ordered the Silicon Valley Bank's UK branch to halt its operations as it has limited presence and no critical functions supporting the financial system. The bank will be placed into a Bank Insolvency Procedure, and eligible depositors will be paid out by the Financial Services Compensation Scheme up to the protected limit of £85,000, with the remaining assets and liabilities being managed by bank liquidators. UK venture capitalists and a nonprofit organization have expressed concern as several startups and investors have significant exposure to the SVB UK, including prominent blockchain VCs who have over $6 billion in assets at the bank.

Aptos Unveils Winners of the Singapore World Tour Hackathon
solana

Aptos Unveils Winners of the Singapore World Tour Hackathon

Aptos Network announced the winners of its #AptosWorldTour Hack Singapore on October 27, 2023, showcasing 14 innovative projects across five tracks, including NFTs, DeFi, Infrastructure, and Web3 x AI, with winners like @IntoTheVerse_, @aptospayment, dAptoRator, @EconiaLabs, and @aptscan_ai.

Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
solana

Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000

A solo Bitcoin miner successfully mined the 780,112th block in the Bitcoin blockchain, earning a block reward of 6.25 BTC worth over $150,000. The miner was able to produce a valid hash after just two days of mining, a rare occurrence that typically takes solo miners months to achieve. The miner may have rented hashing power to produce the output hash, and they used the Solo CK Pool mining service to create a solo mining pool.

Aspen Creek Launches First Solar-Powered Bitcoin Mining Facility in Colorado
solana

Aspen Creek Launches First Solar-Powered Bitcoin Mining Facility in Colorado

Aspen Creek said it was formed with a simple premise to develop a sustainable source of renewable energy to power its operations and put renewables back on the grid.

BetDEX to Go Live on Solana as FIFA World Cup 2022 Approaches
solana

BetDEX to Go Live on Solana as FIFA World Cup 2022 Approaches

Emerging decentralized sports betting outfit, BetDEX will be launching on Solana ahead of the World Cup

Tether Launches USDT on Kava Blockchain
solana

Tether Launches USDT on Kava Blockchain

Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.

Nocturne Crypto Shuts Down Version 1 for New Venture
solana

Nocturne Crypto Shuts Down Version 1 for New Venture

Nocturne, initially established to enhance crypto privacy and accessibility, is refocusing its direction by shutting down Nocturne v1 to develop a new application-based product.

Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit
solana

Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit

A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in requesting a conference extension. A consolidation request by some plaintiffs against FTX was denied, and lawyers for former FTX CEO Sam Bankman-Fried noted the possibility of pushing back the criminal trial scheduled for October 2023.

Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?
solana

Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?

Tron has attained a huge milestone with the total number of accounts on the protocol surpassing 25 million.

Consider These 6 Factors When Trading Crypto In 2021
solana

Consider These 6 Factors When Trading Crypto In 2021

What do trading audiences expect with high-quality, modern exchange and aggregator services? It has a lot to do with the context of the industry – what people are doing with their assets, and the choices that they have to navigate within the greater fintech ecosystem.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge
solana

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges
solana

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

The Kin Foundation has disclosed that both itself and the cryptocurrency has survived the dispute with the US SEC.

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