Solana’s TVL climbed by almost 15% in the last month. While user activity declined during the same period, the network saw growth in transaction fees and revenue. Solana registered a total value-locked (TVL) growth of 14% in the last month, while other leading chains suffered a decline, data from Messari...
British neobank Revolut is set to delist ADA, MATIC and SOL from its United States platform. All affected users have until September 18, 2023, to convert these crypto tokens into USD or some other crypto asset.
Robinhood will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) on June 27, 2023 in light of the recent enforcement actions initiated by the SEC over offering of alleged crypto securities.
USD Coin issuer Circle has announced that its recently launched Euro-backed stablecoin Euro Coin will available on Solana. The company published a press release on November 6, stating that the Euro Coin would arrive on the Solana network in early 2023. The press release highlighted that native support of Euro...
The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTs The initiative has been launched to curb malicious activities on Phantom and bolster its security up a notch Solana blockchain-based Phantom wallet is amping up its security features by launching a new mechanism called...
A bug in Slope wallets is believed to be behind the recent theft from Solana wallets. Nearly $6 million was stolen from 9,000 addresses. Teams are still continuing their investigation and will publish a full report later. The recent attack on Solana wallets that saw 9,000 addresses drained of nearly...
FTX CEO Sam Bankman-Fried believes Solana is the most underrated token His comments have come at a time when the network is battling an intense hack that resulted in draining $8 million worth of user funds. In an interview with Fortune, FTX exchange CEO Sam Bankman Fried outlined his opinions...
8000 Solana wallets compromised in a latest malicious hack. As a result of the hack, the token value of Solana SOL has dropped nearly 4% in the last 24 hours. Solana has been the latest victim of a grand malicious attack, resulting in the hacker siphoning nearly $8 million worth...
Leading Solana NFT Marketplace Magic Eden announces support for Ethereum NFTs The firm will also be adding comprehensive features to allow users to trade ETH NFTs and make payments in SOL/ETH or via credit cards. Magic Eden, the Solana-centric NFT platform is expanding its base and has recently announced multichain...
Summary: Today is the first day of CoinGecko’s 2022 GeckoCon which will run from the 14th to the 15th of July (9 am to 3 pm EST). This year’s GeckoCon will focus on how Web3 will empower the decentralized future. One of the sessions today discussed the future of DeFi....
Summary: Solana developers have unveiled a flagship Android smartphone dubbed Saga. The phone will be available for pre-orders immediately and delivery in early 2023. Saga will also feature unique Solana functionality integrated within. Solana developers also debuted Solana Mobile Stack, an open-source SDK for Android enabling Web3 apps on Solana....
Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will be rolled out gradually, starting with the per-account borrow limit at $120 million and reducing it till $50 million is reached. Solend recently rolled back a proposal to take over...
