Revolutionizing Decentralized Wireless Networks: Helium’s Migration to Solana Blockchain Helium has successfully migrated to Solana blockchain after over a year of planning and development, ushering in a new era of reliability and scalability for decentralized wireless networks. This upgrade establishes a new era of scalability, expansion, and reliability for the world’s largest decentralized wireless network.[Read more…]
Author Archives: SOLANA NEWS REPORT
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Apr
Apr
Solana: A Promising Crypto on the Rise It’s been an exciting time in the cryptocurrency market, with Bitcoin (BTC) continuing its upward trend. The general trend has helped SOL too, with Solana’s bulls urging the crypto on. The altcoin found some support around the $20-level last week, with the bulls briefly pushing it above the[Read more…]
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Apr
Apr
Helium Successfully Completes Migration to Solana Network Helium, one of the original projects of the blockchain industry, has announced that it has successfully completed its transition to the Solana network as of today. Crypto-based wireless network project Helium has completely separated from its layer-1 network after a long process. In a statement today, officials emphasized[Read more…]
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Apr
Apr
New York Regulator Disagrees with SEC’s Crypto Link to Signature Bank’s Collapse The recent collapse of Signature Bank in March has raised concerns over the relationship between cryptocurrencies and banking institutions. While SEC Chair Gary Gensler’s remarks on the matter have garnered criticism, the New York State Department of Financial Services (NYDFS) has stepped in[Read more…]
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Apr
Apr
MarginFi Launches AI Chatbot “Omni” for Crypto Integration and Real-Time Data MarginFi, a decentralized finance (DeFi) lending protocol, has introduced a new chatbot called Omni. Developed to respond to crypto-related prompts, the ChatGPT-like chatbot aims to provide users with a one-stop-shop for Web3 knowledge, according to the company’s Medium announcement. What is Omni? Omni is[Read more…]
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Apr
Apr
Solana [SOL] Listed on Grayscale Investment’s OTC Markets On 17 April, Grayscale Investment, the American digital currency management company, announced that Solana [SOL] had become the 16th digital asset to be listed on Over-The-Counter (OTC) markets. The Solana Trust will now be trading under the symbol GSOL, which could potentially increase the adoption of SOL[Read more…]
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Apr
Apr
Solana Outlines Improvements to Prevent Further Outages After a thorough investigation, Solana Foundation has finally released a report that reveals the root cause of the Mainnet Beta Outage that occurred on February 25, 2023. According to the report, congestion within the primary block-propagation protocol “Turbine” was the main reason behind long block finalization times and[Read more…]
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Apr
Apr
Introduction The European Union (EU) has been working on developing a regulatory framework for the crypto market to provide legal certainty and ensure transparency and stability in the market. The Market in Crypto Assets (MiCA) regulation is one of the critical developments towards establishing a comprehensive regulatory framework for the crypto market in the EU.[Read more…]
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Apr
Apr
are closely watching these developments as they could impact the entire crypto market. It is crucial for investors to stay updated on regulatory compliance and legal proceedings in the crypto space to make informed investment decisions. The U.S. SEC’s Recent Failures in Crypto Lawsuits: What Investors Need to Know The U.S. Securities and Exchange Commission[Read more…]
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Apr
Apr
The Markets for Bitcoin and Ethereum The markets for Bitcoin and Ethereum, the two largest cryptocurrencies took a breather over the weekend and remained largely flat following Bitcoin’s climb to reach US$30,000 last week and the dust surrounding Ethereum’s Shapella upgrade settles. BTC is trading just under the $30K at time of writing, while Ethereum[Read more…]
