Solana, once championed as the “Ethereum Killer” has seen the price of its native token SOL tank by roughly 47% over the past week dominated by the FTX train wreck. SOL is the second largest-holding of Alameda Research, and was heavily promoted by former FTX CEO Sam Bankman-Fried, who resigned today. According to an earlier report by CoinDesk, Alameda held $292[Read more…]
Author Archives: blockworks.co
03
Oct
Oct
A glitch with the Automated Clearing House blocked Coinbase users from withdrawals and payments via US bank accounts for several hours; Solana was also down Coinbase has reassured users that all funds are safe after the exchange was unable to process US bank transactions for nearly six hours over the weekend. Account holders with US[Read more…]
31
Aug
Aug
Helium, a peer-to-peer blockchain network designed for the so-called “Internet of Things” (IoT) that works to connect devices via emerging wireless technology is likely to transition from its own cryptocurrency onto Solana’s proof-of-stake blockchain. Helium’s network operates by offering crypto tokens to community members willing to run nodes to share internet with other users,and the protocol’s core[Read more…]
