Results for "solana"
Solana(SOL) And Dogecoin(DOGE) Among the Top Gainers of the Week
Solana has performed really well and has been among the top 10 gainers of the week. However, despite its recent gains, it has experienced some minor setbacks over the last day. Solana currently trades at around $44, with a 1%…
Solana Blockchain’s Frequent Downtimes: Are Investors Giving Up on the ‘Ethereum Killer’?
If you think the ongoing crypto winter is probably the biggest scare among investors, think again. A silent serpent, whose real identity is hackers, is slithering among blockchain networks, and Solana has been its most victimized customer. This article will…
Solana Team Links Exploit to Imported Slope Finance Wallets
The Solana exploit, which affected thousands of users, appears to have originated with Slope Finance.
Solana NFT Marketplace Magic Eden Expands to Ethereum
Magic Eden, the leading Solana NFT marketplace that accounts for over 90% of secondary NFT trades on the blockchain network, announced Tuesday that it is expanding to the Ethereum blockchain.
Solana Opens up First Physical Store and Web3 Embassy in New York City
Solana has opened its first physical store in New York’s Hudson Yards. Visitors to the venue will be able to access educational content, blockchain activities, and Solana-based products, including NFTs. Solana Opens Its First Physical Web3 Store Solana Spaces announced…
Solana-based Algorithmic Stablecoin, Nirvana, Loses USD Peg, Sheds 90%
Nirvana, the Solana-based stablecoin, is reported to have suffered a flash loan attack, leading to a loss of close to $3.5 million. According to the on-chain blockchain analytics firm, PeckShieldAlert, the network’s native tokens, stablecoin, ANA, and NIRV, dropped 89%…
Bonfida (FIDA): Bridge Between Solana, Serum, and User
Bonfida (FIDA), a product that creates a user interface, API, and data analytics for the Serum DEX, contributes to the development of new standards in the implementation of a community-centric approach.
Bitcoin’s Bearish Momentum is Weakening, Solana on 3-Day Rising Streak
The price of Bitcoin has taken quite the blow over the past couple of months. The current market slump has seen BTC record its worst quarterly performance since 2011. Selling pressures have been brutal as the contagion from the various…
Solana Labs Faces Class Action Lawsuit Over Violation of Securities Laws
An aggrieved investor is accusing Solana Labs, its co-founder, and other entities of promoting the SOL token classified as unregistered security which benefited insiders and caused losses to investors. SOL Tokens Sold as Unregistered Securities A California resident Mark Young…
Solana Labs Unveils Saga, A Web3-Powered Smartphone
Solana’s (SOL) parent company, Solana Labs has announced plans to launch an Android smartphone for the network. Solana Labs further revealed that the Web3-focused device would be ready early next year. Solana Announces Saga Mobile Phone The team at Solana…
Solana Whale Transfers $25M from DeFi Protocol Solend to Mitigate Liquidation Risk
A “whale” Solana account has moved about $25M from Solend to another protocol to reduce the risk of liquidation. According to Solend, the investor moved the loan to Mango markets. Whale Salvages Solend from Loan Issue The Solana blockchain-based financial…
Solana’s Solend DeFi Platform Votes to Curb Liquidation Risks
Members of the Solend ecosystem are now voting on a governance proposal dubbed SLND2, which aims to achieve three major objectives, including curbing the risk of automatic on-chain liquidation of collateralized assets during margin calls, according to a blog post…
Solana Releases New Updates to Reduce Bot Activity and Improve Network Stability
Solana, one of the fastest-growing ecosystems in the crypto space, has announced the rollout of new features to enhance the stability of its network. Solana’s Stability Update The platform suffered severe performance degradations on three different occasions in the last…
Solana NFT Platform Fractal Set to Launch Wallet for Web3 Gamers
Fractal, an NFT platform centered on gaming, is launching a non-custodial wallet to onboard new members who are unfamiliar with cryptocurrency. Fractal Plans to Streamline Web3 Gaming With Google Sign-in Cryptocurrency and NFT platforms face a continuous barrier in onboarding…
Solana Ventures Launches $100M Fund for Web3 Startups in South Korea
Solana, a blockchain operator, unveiled its latest $100 million fund for South Korean web3 startups. The new fund is meant to foster the expansion of NFT, gaming, and DeFi initiatives on Solana, as well as to assist former Terra developers…
Chainlink (LINK) Price Feeds Are Now Live on Solana (SOL) Mainnet
Industry-standard price oracle networks for DeFi applications, Chainlink Price Feeds are now live on the Solana mainnet. Chainlink Price Feeds Go Live on Solana Blockchain According to a press release issued today, Chainlink Price Feeds are now live on the…
Solana Network Resumes Block Production After Another Network Outage, SOL Continues to Tumble
Solana network was down for the fifth time in 2022, this time due to a bug-related consensus failure. Solana Network Goes Down, Again Solana, the smart contract platform that witnessed a spectacular 2021 and cemented its place among the top…
Altcoin Watch: Solana (SOL) and Avalanche (AVAX) Show Bullish Signals
The global market cap of cryptocurrencies has increased by 3.66 percent on Tuesday to reach over $1.3 trillion. Bitcoin has also gained ground, rising by almost 5% to hit a new high above $32,000. In the last 24 hours, digital…