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Solana (SOL)

Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform

Solana Labs Launches Bond, a Blockchain Digital Customer Engagement PlatformSolana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products, all built on top of the Solana blockchain for low costs and scalability purposes. Solana […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

Squads Labs Raises  Million in Series A Round, Launches Fuse Smart WalletSquads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing products and take Fuse to the market. Squads […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability

Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network StabilitySolana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address network performance and stability. The release includes a central scheduler functionality that can be turned on optionally, focused on solving performance issues identified when there is network congestion. According to Solana Beach, a validator statistics […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions

Paypal Expands PYUSD to Solana Blockchain for Better Payment SolutionsPayments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon

Analyst: Solana to Reclaim 0, Many New Crypto ATHs SoonIn his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana (SOL) and its potential to reclaim the $200 mark. He also hinted that upcoming upgrades could pave the way for new all-time highs (ATHs). Cheung also shared his bullish outlook on bitcoin (BTC), predicting new ATHs […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement

Solana Meme Coin Marketplace Pump.fun Issues .9 Million Exploit Postmortem, Discloses Former Employee InvolvementPump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took advantage of its position to misappropriate 12.3K SOL, worth $1.9 million. An X user nicknamed Staccoverflow, confirmed to be part of pump.fun’s team, declared he […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack

Proactive Detection by Certik Saves Wormhole Bridge From Potential  Million HackCertik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole, a project enabling token and data transfers between blockchain networks like Ethereum and Solana, had […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset

Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto AssetFranklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have undertaken to fix the network’s recent congestion issues. Franklin Templeton: There […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

FTX Estate Plans Auction for Locked Solana Tokens

FTX Estate Plans Auction for Locked Solana TokensBankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens, amounting to approximately $1.9 billion and $2.6 billion in […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Solana Developers Rush to Address Network Congestion; Operativity Remains Impaired

Solana Developers Rush to Address Network Congestion; Operativity Remains ImpairedAnza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant progress in tackling these problems and hopes to release patches next week. Currently, 70% of users’ transactions in Solana are failing. Solana Dev Collective Anza […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe