More than $4 million in funds were drained from Slope wallets and Phantom wallets linked to Slope in the recent attacks. More Than $4 Million Lost A coordinated attack of hackers on Solana wallets on Aug. 2 resulted in the loss of funds totaling over $4 million, affecting 9,214 wallets. Reports from Slope wallet and Phantom wallet indicate that the[Read more…]
Author Archives: SOLANA NEWS
03
Aug
Aug
Popular Solana NFT collection Okay Bears is holding its first airdrop of NFTs that can be exchanged for real gold. Gold Bears Okay Bears has just announced its first airdrop to the community, giving away 10,000 Non-Fungible Token (NFTs) that can be redeemed for physical gold or cash equivalent Each “Founders Coin” features a unique combination of hand-drawn[Read more…]
01
Aug
Aug
Galactic Marketplace improves speed; Star Atlas Dao addresses governance. Enhancing the Star Atlas Ecosystem ***Updated August 5, 2022 with quote from Star Atlas Co-Founder Michael Wagner.*** Star Atlas, a much anticipated and upcoming AAA game on Solana, has released new updates and details on its Galactic Marketplace and Star Atlas DAO. Let’s learn more about them:[Read more…]
01
Aug
Aug
The new store in Manhattan offers an immersive experience to onboard anyone into Web3. Web3 Goes Offline Solana Spaces opened the first immersive Web3 learning space, where visitors can explore the ecosystem of Solana and learn about blockchains. The retail venue opened on July 28 at Hudson Yards in New York, welcoming blockchain enthusiasts and people brand new to Solana and Web3.[Read more…]
01
Aug
Aug
It was an eventful second quarter for Solana, with diversification of TVL to more DeFi protocols, an increase in NFT volume, and more validators. A Period Marked by Highs and Lows Amid the market downturn, Solana experienced a mixed Q2 in 2022. Though the growing Non-Fungible Token (NFT) marketplace reached a billion dollars in sales volume, there[Read more…]
29
Jul
Jul
Solana is mainly known for being scalable and having a vibrant ecosystem – not so much for being decentralized. A Centralized Token Distribution Solana has the reputation of being centralized. This reputation likely stems from the high token allocation to VCs and insiders when the chain first launched. Comparatively, Ethereum had over three times fewer coins distributed to[Read more…]
28
Jul
Jul
Friktion remains one of Solana’s most significant options protocols, reaching $2 billion in traded volume this quarter. Earnings Season Friktion, a DeFi portfolio manager on Solana, had a solid second quarter. Here is a summary of Messari’s critical insights from Q2: The protocol launched two new Volt strategies in Q2 (Volt #03 and #04) and just announced the launch of Volt #05. [Read more…]
27
Jul
Jul
Metacrafters uses a Learn-To-Earn model to develop and onboard future developers and artists in Web3. Learn-To-Earn Metacrafters provides a gamified learning platform to create a network of learners interested in building in the Web3 space. The platform’s goal is to introduce, onboard, and produce 1,000,000 developers in Web3 to meet a growing demand within the industry.[Read more…]
26
Jul
Jul
A venture capitalist gave examples of where he thinks Solana fails and how the team lied to investors. VC vs. Dev Justin Bons, a crypto venture capitalist, criticized Solana and its builders, listing many examples of lies, fraud and bad design. A while later, Anatoly Yakovenko, Solana’s founder, responded. The founder of fund manager Cyber Capital took to Twitter on July 22[Read more…]
22
Jul
Jul
More than 12,000 people have signed up for fantasy football, with other sports on tap, including soccer and basketball. Secure Funds, Instant Payouts, Zero Fees Phantasia Sports offers a season-long fantasy football platform that users can join for free or sign up for an amount of their choice. “Phantasia is the first of its kind platform[Read more…]
