Author Archives: SOLANA NEWS REPORT

Unlocking the Future of DeFi: Introducing Injective Cascade, the Revolutionary Solana SVM Rollup Solution

Injective Unveils Cascade: The First Interchain Solana SVM Rollup Injective, a decentralized exchange and layer-2 protocol, has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos. This new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of[Read more…]

Solana Triumph Over FTX Fiasco: SOL Price Soars by 100% in First Quarters

The Rise and Fall of Solana’s Price: Overcoming FTX Fiasco The price of Solana (SOL) took a hit in 2022, falling nearly 95% partly due to its association with the tainted reputation of crypto entrepreneur Sam Bankman-Fried and his collapsed ventures, FTX and Alameda Research. However, in 2023, SOL’s price has rebounded, making impressive gains[Read more…]

DeGods and Y00ts Network Migration: A Tale of Two Paths and One Thriving Outcome

DeGods NFT Migration to Ethereum: Impact on NFT Trading Volume DeGods NFT, a popular NFT project, has officially migrated from Solana to Ethereum on April 1, 2023. This migration has not been without controversy, as it faced challenges from Dust Labs. In the last 24 hours since the migration, the impact on Ethereum NFT trading[Read more…]

Worldline Launches on Solana, Providing a Global Payment Solution for Web3

Worldline Joins the Web3 Ecosystem The Web3 ecosystem is rapidly growing with firms trying to secure their spot in this environment. In line with this development, Worldline, a leading global payment service platform, has launched a strategic initiative on the Solana blockchain to enable projects on Solana to access Worldline’s payment platform. Bringing Global Payment[Read more…]

Institutional Investors Turn to Altcoins $XRP, $SOL, and $LTC as They Dump $BTC and $ETH Products

Institutional Investors Dump BTC and ETH Products While Increasing Bets on XRP, SOL, LTC, and MATIC Institutional investors have been shifting their focus from investing in Bitcoin and Ethereum to altcoins, with products that provide exposure to XRP, Solana, Litecoin, and Polygon seeing increased bets, according to CoinShares’ Digital Asset Fund Flows report. The report[Read more…]

Solana Sees Increase in Unique Contract Deployments, Thanks to NFTs and Developers’ Faith

Solana Witnesses Surge in Unique Contracts Deployment, Implying Arrival of New NFTs Solana, a smart contract blockchain network, has experienced an increase in unique contracts deployed, indicating sustained development activity on the platform, as per Artemis data. At the time of writing, 75 unique contracts were active on the network, reflecting the level of deployment[Read more…]

DEFI CMS BETA ACCESS FOR PROJECTS

SafeSwap is pleased to announce a series of positive updates, which have been shared in the SafeSwap News & Updates group. The DeFi CMS is nearing completion and is almost ready for a full launch. Several examples are currently in development, including: whexdex.comtw.qhomelab.nlbelifex.safeswap.onlinememenft.safeswap.onlinertdoge.safeswap.online While there are still some issues in the core, the great news[Read more…]

Can Blockchain Fix Carbon Markets? – Ep #73

Matthew Stotts (Cerulean Ventures) and Brendan O’Connell (Patch) explore how blockchain technology is revolutionizing the historical inefficiencies of carbon markets.This episode is part of a 3-part series that examines the climate crisis and the role that web3 communities might play in providing solutions.

WHY THE EU’S TRANSFER OF FUNDS REGULATION (TFR) IS A THREAT TO FINANCIAL FREEDOM?

Things to know: – The Transfer of Funds Regulation (TFR) aims to prevent payment systems from being used to launder money or finance terrorism, a commendable goal we fully support.  – First applied to traditional payment systems in 2015, the TFR is being expanded to also cover transfers of crypto assets. This is the EU implementation of[Read more…]

Greenpeace and Greener Crypto – Ep #72

Rolf Skar (Special Projects Manager, Greenpeace USA) and Daniel Hwang (Co-founder, Validator Commons and BICOWG) discuss the intersection of climate change and crypto, particularly Greenpeace’s Change the Code campaign. This episode is part of a 3-part series that examines the climate crisis and the role that web3 communities might play in providing solutions.