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175 articles found
Latest
Solana Faces MEV Threats: Marinade to the Rescue
With MEV attacks emerging as a serious decentralization risk, Marinade introduces its innovative fix for Solana’s growing concerns.
$860M JUP Airdrop Gets Green Light from Jupiter DAO
The decentralized governance of Jupiter Exchange on Solana has approved the distribution of $860 million worth of JUP tokens in a secure airdrop.
HAWK Price Drops 90% Following Manipulation Allegations
On November 4, 2024, HAWK, a meme coin launched by blogger Haliey Welch (known as Hawk Tuah), debuted on the Solana network. Soon after, its price plunged by 90%, sparking controversy over its manipulative nature.
Grayscale Files for Solana Spot ETF Conversion
Grayscale Investments aims to enter the Solana-ETF market by filing for SEC approval to convert its Solana Trust into a spot ETF.
$30M Stolen in DEXX Hack Affecting Over 8,600 Wallets
SlowMist has identified 8,620 Solana wallets affected by the hack on the decentralized exchange DEXX, resulting in total damages of $30 million.
Pump.Fun Shuts Down Live Streaming After Trash Stream Surge
The Solana-powered memecoin platform Pump.Fun attracted massive attention in November 2024 through its live streaming tool. However, the feature’s misuse triggered widespread criticism, forcing a suspension.
Solana Dominates New Token Launches with 89% Share
While Bitcoin grabs attention with record-breaking price rallies, Solana quietly takes the lead in hosting newly launched tokens. As of now, 89% of all new projects have chosen Solana as their starting point.
Phantom Wallet Reports Service Disruptions
On October 28, Phantom, the most widely used crypto wallet on the Solana network, reported intermittent service issues.
MoonPay Teams Up with Ripple: XRP Now Available on the Platform
In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.
Raydium Launched Teleport for EVM to Solana Transfers
Raydium, an Automated Market Maker on the Solana blockchain, has announced a new feature enabling transfers from EVM networks to Solana.
Max Resnick Announces Departure from Consensys to Join Anza
Renowned Ethereum developer Max Resnick is leaving Consensys to focus on advancing Solana’s blockchain ecosystem with Anza.
SEC Set to Reject Solana Spot ETF Applications?
The SEC may decline Form 19b-4 submissions from at least two out of five potential issuers of Solana (SOL) spot ETFs.
Magic Eden Launches Its ME Token Checker
Magic Eden, the Solana-based NFT marketplace, has launched an airdrop checker for its ME token.
XRP Hits New Highs: What’s Behind Ripple’s Stunning Rally?
XRP’s meteoric rise caused a stir in the crypto community. The cryptocurrency surpassed major players like Solana and Tether, even briefly securing the third spot in market capitalization. What’s driving this growth?
Magic Eden Token ME to Launch December 10, 2024
Magic Eden, operating across Ethereum, Solana, Bitcoin, Base, and other EVM networks, has revealed plans to list its native token, ME, on December 10, 2024. The team shared this update via their official Twitter (X) profile.
Bitwise: Is a Spot Solana ETF on the Horizon?
Investment firm Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) for a trust fund in Delaware, signaling a potential move to apply for a spot ETF for Solana.
Canary Capital Joins the ETF Race
The digital asset world is evolving rapidly, bringing with it an array of new investment tools. Following the successful debut of Bitcoin and Ethereum ETFs, it appears that Solana’s turn may be approaching.
Magic Eden Adds Support for Berachain, Eyes for Monad
Solana-based NFT marketplace Magic Eden is expanding. The platform announced adding support for 2 more blockchains: Berachain and ApeChain, bringing the total number of supported blockchains to 9.
Ethena Labs Gears Up for Major USDe Reserve Boost
The Ethena Labs community has proposed using Solana (SOL) as collateral for the synthetic stablecoin USDe, which is backed by hedged trades and reserves. This initiative is now under review by the independent Ethena Risk Management Committee, which has seven days to evaluate the proposal.
Solana Radar Hackathon: Investment Competition
Solana Hub Ukraine invites blockchain developers, entrepreneurs, startups, and students to take part in the Solana Radar Hackathon.
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