Tag: Solana

On July 1, Roche Freedman LLP and Schneider Wallace Cottrell Konecky LLP filed a class-action lawsuit in the district court for the northern district of California against Solana Labs. The lawsuit filed by the two companies is on behalf of a state resident plaintiff Mark Young who accuses the Solana Foundation, Solana Labs, Anatoly Yakovenko, Kyle Samani, […]

June 30th, 2022 – AscendEX is excited to announce the listing of Walken’s token under the trading pair: $WLKN/USDT. Trading begins at 2:00PM UTC on July 1st, 2022. ‘Walken’ is a ‘Walk-to-Earn’ game on Solana where players can convert their daily activity into in-game currency. Using a mobile device or wearable, gamers can easily track […]

Magic Eden, one of the pioneering Non-Fungible Token (NFT) marketplaces on the Solana blockchain protocol has raised the sum of $130 million in a Series B funding round. This latest round positions Magic Eden to build the needed infrastructures that can help scale the entry of the next set of 1 billion users into the […]

Solana Ventures in collaboration with the Solana Foundation have launched a $100 million fund to invest in a Web3.0 startup emerging out of South Korea. Speaking to TechCrunch, Solana Labs General Manager, Johnny Lee said the fund is designed for firms developing GameFi, NFT, and Decentralized Finance (DeFi) solutions respectively.  The fund, like many preceding […]

On Saturday, the Solana network experienced its seventh failure, resulting in a delay of more than seven hours. The development team at Solana Labs has issued an outage report, as well as three critical mitigating steps for improving network stability. Due to NFT minting bots, the network downtime on Solana was caused by a huge increase in […]

Thanks to the rapid development of blockchain technology, it is now possible to invest strategically in certain tokens. Whilst short term trading can be extremely volatile, a long term approach can be very beneficial. If you’re wondering which Decentralised Finance (DeFi) projects to invest in right now, you’ve come to the right place. Ethereum (ETH), […]

Countless millionaires were made during the 2021 cryptocurrency bull run. From retail investors to TikTok influencers to Reddit readers, it appeared as though practically everyone was becoming richer. Two of the top-performing coins were the smart contract duo of Solana (SOL) and Avalanche (AVAX), both of which had a price increase of over 5000% FIREPIN […]

With Terra (LUNA) down 6.04% and Solana (SOL) down 4.72%, we are reminded of cryptocurrency’s volatile market. Almost all of the top ten cryptocurrency coins have fallen today, making it clear how much caution is needed for crypto investments, even in the most established currencies. This leads me to question whether now is the time […]

This past week in the world of cryptocurrency hasn’t been the most lucrative with many of the major tokens experiencing a fall-off in price. Solana (SOL) and Terra (LUNA) were two of the biggest losers with both decreasing in value by over 20%. Whilst most of the market is in the red, there is one […]

The cryptocurrency is always expanding, with new platforms being created on a regular basis. Investors are on the lookout for the most lucrative cryptocurrencies; we’ll look at some of the projects that are now reshaping the cryptoverse and have the potential to reward investors handsomely. Solana (SOL) In recent weeks, the high-performing blockchain Solana (SOL) […]

Who is interested in becoming a Crypto Millionaire? We live in an era in which becoming a millionaire can be done with a click of a button. Many have made this a reality simply with the innovative technology of cryptocurrency. What distinguishes Crypto from other financial institutions is its ability to help close the financial […]

Users can now connect their Phantom wallets to their Behance accounts and display Solana (SOL) non-fungible tokens (NFTs) on their profiles, according to Behance, an Adobe-owned creative showcase service. The Miami-based Web3 infrastructure platform, QuickNode, assisted Adobe on Solana in developing this component. Adobe head praises Solana Creators on Behance may now showcase their NFTs […]

During an exclusive interview, a company’s representative said that the Solana Pay is “most prevalent use-case to be with digital dollar currencies” such as Circle’s USDC stablecoin, and that they are also providing the alternative of Solana-related assets like as its’s native token SOL, FTX’s FTT, and Serum’s SRM, among others. Solana Pay is a […]

The Neodyme-based security researcher believes that the reference document for Solana projects, Solana Protocol Library (SPL), could have seen attackers stealing money from multiple Solana projects with the rate of $27 million per hour due to a bug in the document. The affected projects mainly include lending protocols Larix and Solend and yield aggregator Tulip […]

On Friday, the native cryptocurrency of the Cosmos-based Terra network, LUNA, hit a new all-time high of $70.40. The price surge ensures that the cryptocurrency also successfully displaced Dogecoin yet again to rank the tenth largest cryptocurrency by market capitalization. Meanwhile, shortly after hitting the all-time high, LUNA dipped slightly again and at press time, […]

Grayscale Investments, the world’s largest digital currency asset manager, has revealed the debut of Grayscale Solana Trust, its sixteenth offering in Grayscale’s portfolio of investment services. Grayscale Diversifies to the Solana Network The Solana Trust employs a passive and selective investment strategy in Solana (SOL), a native digital currency of the Solana network. The blockchain […]

Solana continues its bullish price movement as it rose by more than 8% on the daily candle. This bullish sentiment comes ahead of the launch of the 16th product of Grayscale, the Solana Trust.  Prices opened Wednesday at $208.52 and reached a daily high of $231.7, following the daily low of $207.8.  The data from CoinMarketCap shows […]

Raj Gokal, the co-founder of Solana Labs, recently said that the project has no desire of killing Ethereum amidst market pundits labelling it as “Ethereum Killer.” Solana is known for its faster transactions and lower fees. On November 10, co-founder of the venture capital company Placeholder Chris Burniske posted on Twitter: “despite pretty words, L1 knives […]