SBI Holdings, Inc. and the Solana Foundation have announced a strategic alliance to develop a regulated, on-chain financial market based in Japan. Under the agreement, the Solana Foundation will acquire an equity stake in SBI R3 Japan, which will subsequently be renamed SBI Solana Global Co., Ltd. The new entity
BonkDAO revealed that attackers managed to steal roughly $20 million in BONK through exploitation of the malicious governance proposal. This event happened at the project’s treasury on the Solana blockchain. According to BonkDAO, the malicious proposal allowed some entity to withdraw funds from the treasury without the consent of the
The Solana Foundation has recently encountered a bug that allowed hackers to mint some tokens and even take those tokens from users’ accounts. However, the bug has been reportedly fixed now. The Foundation’s analysis reveals that the vulnerability was first found on April 16, and it could have permitted a
Solana has expanded its privacy capabilities with the launch of “Confidential Balances,” a suite of zero-knowledge-powered token extensions. It is designed to shield transaction details while maintaining regulatory compliance. New Privacy Features Expand Token Functionality Confidential Balances represents the latest addition to Solana’s privacy-protecting “Confidential Transfers” features which Token2022 introduced
Solana blockchain is known for its fast transaction processing in the industry from the beginning. According to the latest report, Solana is the number one blockchain ecosystem for new developers. In terms of the new developers activity, Solana surpassed Ethereum, the world’s first and largest blockchain ecosystem for dApp development.
Today, Solana’s native token, SOL, displayed a significant price increase of over 9.45%, climbing from a low of $127 to a high of $139. This rally comes amid an exciting announcement from Solana Mobile, a subsidiary of Solana Labs, regarding the upcoming launch of their second crypto-focused smartphone, the ‘Seeker.’
Solana’s blockchain is displaying a significant surge in trading activity, setting new records. The number of daily active addresses (DAA) on the Solana network has reached 5.4 million, the highest level ever recorded. This rise indicates increased engagement on the platform, with daily transactions exceeding 41 million, outpacing networks like
Solana validators are set to receive the entirety of priority fees from transactions, following a recent governance vote that passed with 77% approval. This change aims to enhance network security and efficiency. Previously, priority fees were split, with half burned and the other half going to validators, leading to side
April 15, 2024 – [Victoria, Seychelles] – Solvent.app, an innovative blockchain protocol, has officially announced the launch of its AI-enhanced, bot-driven revenue generation system on the Solana blockchain. The groundbreaking network is powered by sophisticated sniper bots designed to execute high-speed, precise transactions to capitalize on market opportunities, enhancing profitability
In a swift display of sincere enthusiasm, the price of the Solana-based memecoin, Dogwifhat (WIF), has climbed by an impressive 35%, surging to an all-time high of $3.30. This surge follows a significant crowdfunding initiative dubbed “Sphere Wif Hat,” which grabbed the attention of fans who collectively raised $703,690.55. Originally
