Solana (SOL)

Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO

February 22, 2022 Bitcoin.com

Airdrop

On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap. […]

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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

February 4, 2022 Bitcoin.com

Analysis

On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, […]

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Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

February 2, 2022 Bitcoin.com

Analysis

Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network is “down for maintenance,” as the team “looks into a potential exploit.” Wormhole […]

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Technical Analysis: Solana Surges 15%, as Loopring Price Declines

February 1, 2022 Bitcoin.com

bitcoin.com

Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects seeing their value rise to start the new month. One […]

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Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status

February 1, 2022 Bitcoin.com

A16Z

On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109 million in a […]

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Technical Analysis: Flow Climbs Close to 30% to Enter Top 50

January 29, 2022 Bitcoin.com

bitcoin.com

Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board to start the weekend. Notable […]

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Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues

January 24, 2022 Bitcoin.com

Analysis

After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. […]

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Twitch Co-Founder Justin Kan Launches Gaming-Centric NFT Marketplace Fractal

December 31, 2021 Bitcoin.com

Aurory

The co-founder of Twitch, Justin Kan launched a gaming-centric non-fungible token (NFT) marketplace called Fractal on December 30. Fractal’s focus is on NFTs with video game utility and the project launched an NFT collection called “Fractals,” a 100,000 unique snowflakes that give users benefits while using the primary and secondary NFT marketplace. Twitch Co-Founder Launches […]

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This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Returns

December 27, 2021 Bitcoin.com

12 month gains

Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed those 12 month gains by a […]

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Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’

December 15, 2021 Bitcoin.com

Bitcoin

While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even be “a bear market at all.” […]

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