Wed, May 20

FTX CEO and Solana Co-Founder on Web3 Builder Summit

The blockchain ecosystem is expanding its growth through new strategies. At this early stage of web3, FTX founder and CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko offered insightful advice for Web3 founders during an online Web3 Builder Summit, which was hosted by Wing venture capital partner Zach DeWitt. The

July 22, 2022 2 mins read

Top 5 Potential Cryptocurrencies To Buy in July For Future Success

Last month was a challenging month for crypto space, as the market value fell by 33%. A Youtuber identifies five best tokens to purchase in July. They are: SOL, AVAX, BNB, TRX, and ATOM. Since the beginning of the year, the crypto market has witnessed highs and lows in its

July 14, 2022 2 mins read

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