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 Network Experiences Slowdown in Block Production Following Upgrade
After validator software update, Solana network block generation slowed on Feb. 25.
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.
Helium Network to Migrate to Solana Blockchain
Helium will migrate to Solana and install Oracles on March 27.
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.
Everlend Finance, a Solana-based decentralized finance
Solana protocol decentralises finance Closing Everlend Finance.
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%.
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.
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.
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