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CoinShares Records Largest Capital Inflows in 3 Months

Rahul Nambiampurath·
crypto bull run
CoinShares saw a weekly inflow of $193 million into its crypto investment products. Europe dominated the inflows with $147 million, while the Americas recorded $45 million. Solana also saw its highest weekly inflow, with $45 million. CoinShares has published its weekly report on digital assets fund flows, and it holds...

Serum Launches Accelerator To Support Promising Projects

Avatar photoJohn P. Njui·
Serum Launches Accelerator To Support Promising Projects 11
The Serum project has launched an accelerator to help promising projects build on its platform The accelerator is aimed at catapulting the projects past the startup phase The participants of the accelerator were winners of the Convergence Hackathon by Serum The first batch of projects participating in the accelerator will...

Solana Exploit Possibly Caused by Slope Wallet Vulnerability

Rahul Nambiampurath·
Slope wallet tied to Solana exploit
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...

NeoNexus Team Abandons Solana NFT Project in Possible Rug Pull

Avatar photoJohn P. Njui·
NeoNexus Team Abandons Solana NFT Project in Possible Rug Pull 12
Quick take: The founder of NeoNexus has announced that the team can no longer continue developing the Solana based NFT project Jack Shi cites the drop in Solana prices as the reason for the decision and proposed handing over the project to its community Crypto-twitter has responded by suggesting that...

Solana To Venture Into Smartphones With a Focus on Web3 Mobile Apps

Avatar photoJohn P. Njui·
Solana To Venture Into Smartphones With a Focus on Web3 Mobile Apps 13
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....