Wed, May 20

‘Metaplex’ Solana NFT Protocol Maker Lays Off Employees

A wave of layoffs at Metaplex, a Solana NFT protocol maker, was revealed on Thursday as the Web3 ecosystem continues to be affected by the outbreak brought on by the collapse of the cryptocurrency exchange FTX last week. Stephen Hess, co-founder, and CEO of Metaplex said today through Twitter that

November 18, 2022 2 mins read

Crypto Exchange Binance Suspends Solana USDC and USDT Deposits

Temporarily, Binance has stopped accepting deposits of USDC (SOL) and USDT (SOL) from users. This comes after crypto.com blocked USDC and USDT withdrawals and deposits for Solana. Crypto.com highlighted recent industry developments for the decision. After this news, the price of Solana (SOL) has fallen significantly. The price of SOL

November 17, 2022 1 min read

Sam Bankman-Fried Affiliated Crypto Tokens Massively Soar Up

The entire crypto industry is gossiping about everything related to Sam Bankman-Fried’s FTX. Also, the global crypto community and regulator bodies are constantly keeping a close eye on the bankrupt FTX and its trading company Alameda Research. In the aftermath of the crypto exchange collapse, the overall cryptocurrency market witnessed

November 15, 2022 2 mins read

Withdrawals of USDT and USDC on Solana Halted by Crypto.com

Customers of the cryptocurrency exchange Crypto.com were informed today via an email that all deposits and withdrawals for the USDT and USDC tokens from Circle and Tether have been halted on the Solana network. Though the email said that the freeze would take place immediately, it did not specify why

November 10, 2022 1 min read

Solana Price Drops Amid Sam Bankman-Fried’s FTX Scandal

The current scandal over Sam Bankman Fried’s crypto exchange FTX and his trading company Alameda Research resulted in a significant loss on Solana’s SOL token. The worst-case scenario is SBF’s Alameda Research holding a significant amount of Solana tokens.  The so-called Ethereum killer Solana (SOL) which supports the rapid layer-1

November 9, 2022 2 mins read

Green Satoshi Token (GST SOL) Price Prediction 2022 — Will GST SOL Hit $0.05 Soon?

In Green Satoshi Token (GST SOL) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about GST SOL to analyze the future movement of the cryptocurrency.  Green Satoshi Token (GST SOL) Current Market Status According to CoinGecko, the price of Green Satoshi Token (GST SOL) is

November 8, 2022 9 mins read

Google Cloud Now Running a Validator on Solana Blockchain

The price of Solana (SOL) increased by 12% on the announcement. Google Cloud would add its Blockchain Node Engine to the Solana chain in 2023. On Saturday, Google stated that its cloud computing company, Google Cloud, was running a validator on the Solana blockchain. And will be adding capabilities to

November 6, 2022 1 min read

Helium Mobile Carrier Service Compatible With Solana Smartphones

Both projects will debut in the first half of 2023. Solana Saga phone would not be limited to Helium Mobile. Secure, crypto-powered, wireless network that is decentralized, Helium, has voted to switch from its own platform to Solana, a prominent layer-1 blockchain network. Now, with Helium and Solana combining their

November 6, 2022 2 mins read

Solana NFT Trading Volume Surges 170% Post y00ts Launch

The bulk of the commerce is centered on y00ts NFT collection. There are almost 15,000 individual profile pictures in the y00ts archive. The original introduction of the popular profile picture (PFP) project, y00ts, in September contributed to a surge in NFT sales on the Solana blockchain that dropped by half

November 5, 2022 2 mins read

Solana Yield Manager ‘Texture’ Secures $5 Million, Enters Private Beta

Texture, a DeFi yield platform, is now live in private beta testing after raising $5 million in a round-headed by P2P Capital and Sino Global. Wintermute, Semantic Ventures, and Jane Street Capital also participated in this round of funding. The stablecoin USDC was used to raise the money, and the valuation was not made public.

November 5, 2022 1 min read