Solana Financial News

04.09 / 04:47

solana FTX crypto regulation hearing FTX-Linked Wallet Moves $10 Million in Altcoins Ahead of Bankruptcy Hearing

Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market.

02.09 / 05:13

Blockchain Stablecoin defi solana MakerDAO Maker DAI MakerDAO co-founder proposes fork of Solana codebase for native chain

MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase, and not the Ethereum Virtual Machine despite its long-running ties with Ethereum.

29.08 / 02:07

business Blockchain solana Solana-based Clockwork to shutter citing ‘limited commercial upside’

The developers behind Solana-based smart contract automation project Clockwork is set to turn off key infrastructure for the protocol at the end of October, citing “limited commercial upside."

28.08 / 22:33

solana seed funding Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding

Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”

25.08 / 22:03

Blockchain Binance solana Europe coinbase Usd Coin Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

Global regulatory landscapes are once again proving to be a turning point for crypto companies, demanding constant adaptation to navigate shallow regulatory waters across the world, particularly in the United States.

23.08 / 21:19

Blockchain defi Hackers hacks solana recovery Cypher announces recovery plan, says it will 'socialize' losses in initial stage

Crypto trading platform Cypher protocol has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in an initial stage of the recovery. In the first stage of the plan, the Solana-based trading platform will produce a “pro rata redemption package” of current assets it possesses, which will become withdrawable by users through a web interface. However, the platform does not currently have enough funds to pay back all depositors, so losses will be distributed across all accounts in this initial stage rather than being borne by any particular individual or group.

23.08 / 19:13

solana Price Prediction Shopify Solana Price Prediction as Solana Pay Intergrates with Shopify Online Marketplace Platform – Can SOL 10x From Here?

Solana (SOL), the cryptocurrency that powers the high-performance Solana protocol, a layer-1 smart-contract-enabled blockchain known for its fast transaction speeds and high throughout, has been recovering in tandem with the broader market on Wednesday.

23.08 / 16:29

business Blockchain Payments solana Usd Coin Shopify Shopify to accept USDC payments with Solana: Report

E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC) stablecoin payments.

08.08 / 11:39

Hack defi solana security SOL USDC Exploit Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened

Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.

07.08 / 23:51

defi Hackers hacks Altcoin solana Exploit Cypher Protocol freezes smart contract after an estimated $1M exploit

Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit.

25.07 / 15:27

Blockchain Altcoin solana Solana game developer Automata announces mass layoffs

Solana game developer Automata (ATMTA) will undergo "a significant headcount reduction" to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise just 45 staff, compared to 235 in late 2022.

21.07 / 04:45

Blockchain BLOCK solana performer Solana records 1 outage in first half of 2023, 100% uptime in Q2

Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation.

20.07 / 15:23

business Blockchain solana Aptos Aptos' new user growth hits 900% after integration with social media app Chingari

The Aptos blockchain has seen a surge of activity following its integration with Chingari, an India's social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous month, up to nearly 90,000 daily on-chain onboarding.

18.07 / 13:13

Ethereum solana Dapps EVM Solana Opens Doors to Ethereum Developers with Neon EVM Integration

Neon EVM, an Ethereum Virtual Machine on Solana (SOL), will allow developers to build Ethereum (ETH) decentralized applications (DApps) on top of the Solana blockchain.

14.07 / 18:57

cryptocurrency solana SOL Solana price Artificial Intelligence Ai Crypto Signals Is It Too Late to Buy Solana? SOL Price Shoots Up 23% in 24 Hours While AI Crypto Signals Platform yPredict Approaches $3 Million

Solana (SOL) hit a fresh annual high of $32.13, buoyed by strong positive market movement. SOL's price surged 23.5% in a single day at its peak.

14.07 / 17:03

markets defi solana Ecosystem Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?

Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security.

13.07 / 17:57

solana SOL Price Prediction Time Solana Price Prediction as SOL Becomes Top 10 Most Traded Coin – Time to Buy?

Solana (SOL)’s recovery from its June post-SEC FUD lows continued on Thursday, aided by continued high trading volumes.

11.07 / 18:23

ETH BTC solana Ether SOL Bitcoin Mina Protocol Best Crypto to Buy Now 11 July – Mina Protocol, Compound, Solana

Major cryptocurrencies are trading with a modestly positive bias on Tuesday, but are still mostly within recent ranges ahead of Wednesday’s key US inflation data.

10.07 / 16:25

solana SOL Price Prediction Time Solana Price Prediction as $400 Million Trading Volume Comes In – Time to Buy?

Despite nearly $400 million in trading volumes coming in on Monday as per CoinGecko, Solana (SOL) is down just over 1.0% on the day.

09.07 / 18:45

markets Altcoin solana EOS Bitcoin Bitcoin Price Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago.

04.07 / 13:23

Cardano solana Polygon Revolut Fintech Giant Revolut to Cease Offering Solana, Cardano, Polygon Tokens in the U.S.

Revolut, a prominent UK-based fintech app, has announced that it will halt the offering of Solana (SOL), Cardano (ADA), and Polygon (MATIC) tokens for customers in the United States.

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