Thu, January 30

NFT Marketplace ‘Magic Eden’ Announces Gaming Venture Arm

The venture will solely focus on the support and development of Web3 gaming. Developers won’t have to build out NFT integrations from scratch. NFT marketplace Magic Eden just raised a cash reserve valuing it as a crypto unicorn, making the business the biggest in Solana’s ecosystem. The company has created

July 12, 2022 2 mins read

California-based Solana (SOL) Investor Files Lawsuit Against Solana Labs

Misleading SOL’s circulating supply has been alleged by Young. According to the primary plaintiff, Mark Young, SOL tokens are unregistered securities. A class-action lawsuit has been filed against Solana Labs, the non-profit corporation behind the Solana blockchain. According to California resident Mark Young, the action names Solana Labs, the Solana

July 8, 2022 2 mins read

Crema Finance Temporarily Suspends Services Following an Exploit

Crema Finance immediately halted its liquidity services after discovering the breach. Some crypto community members believe the hacker stole 90% of entire liquidity. Solana-based liquidity protocol Crema Finance has stated that its services have been temporarily suspended due to an exploit that has drained a significant but unknown quantity of

July 3, 2022 1 min read

Coinbase Diversifies Options with Polygon and Solana

Coinbase exchange launches the first crypto derivatives product that Nano Bitcoin features (BIT) on June 27. The worldwide volume of the crypto derivatives market is $3T. On Thursday, Coinbase American-based crypto exchange platform announced that it will allow users to send and receive cryptocurrency on a multiple-networks, starting with Polygon

June 24, 2022 2 mins read

Solana New Product Challenges Smartphone Manufacturers

Solana is developing a new web3-friendly mobile and released Solana Mobile Stack. Saga – SMS includes seed vault, Solana Pay, and dapp store for the android platform. The web 3 adoption and crypto inclusion has been enormous in the past decade. The spread of digital assets and virtual currency acceptance

June 24, 2022 2 mins read

$SOL Staking Now Available on AscendEX Earn

AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of Solana (SOL) staking, which will be available beginning June 13th at 2:00 pm UTC. AscendEX will offer 15% APR on staking deposits, allowing platform users to earn more than double the return paid to users on the

June 13, 2022 2 mins read

Solana Launches $100M Investment Fund for Web3 Businesses in South Korea

According to Solana, gaming, and NFTs make up the majority of South Korea’s activity. Recently, NFT trading and DeFi operations have increased on Solana. Web3 enterprises in South Korea will be supported by a $100 million investment and grant pool created by Solana Ventures and the Solana Foundation. By investing

June 8, 2022 1 min read

Solana (SOL) Price Briefly Rebounds After Steep Fall Amid Outage

The losses suffered by SOL came from the blockchain being shut down briefly. This week’s five-hour Solana outage was not the first this year. Solana (SOL) has been the worst-performing major cryptocurrency this week following a shutdown. Over the past seven days, the token has fallen by more than 11%

June 5, 2022 2 mins read

Decentralized Price Oracles From Chainlink Now Accessible on Solana

First, developers will access seven distinct Chainlink pricing feeds. Developers now have additional building blocks at their disposal. Decentralized pricing oracles from Chainlink are now accessible on Solana, letting developers obtain reliable, real-time price data for seven distinct trading pairs, with hundreds more expected in the coming months. Those working

June 4, 2022 2 mins read
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