The cryptocurrency market-wide flash crash wipes off more than $400 billion in less than 24 hours. Bitcoin Price Correction or Leverage Shakeout? The leading cryptocurrency, Bitcoin (BTC), saw its market capitalization fall below $1 Trillion for the first time since July this year. BTC is currently leading the market-wide price slump that has been ongoing for[Read more…]
Author Archives: SOLANA NEWS
04
Dec
Dec
The multi-blockchain DeFi derivatives platform is integrating with the oracle provider for the Solana network. Another Protocol in Solana Picks Chainlink Chainlink announced that ClearDAO is integrating the price feeds from the oracle network on Dec. 2. The protocol will use the tamper-proof price fees to perform advanced calculations to determine the fair price[Read more…]
04
Dec
Dec
After taking feedback from users, the final round of the Sypool testnet is underway until Jan. 7. Prize of 200,000 SYP Sypool’s final testnet of the new user interface (UI) went live on Dec. 3 at 09:00 UTC and will last for five weeks, closing on Jan. 7 at 09:00 UTC. This last round[Read more…]
04
Dec
Dec
The yield generation protocol has also released a tutorial on how to access select features on the devnet. SOL Covered Call Vault Open Katana has made its Devnet live on Dec. 3 allows users early access to the mainnet giving a glimpse into the user experience and utility on the platform. Alongside the announcement[Read more…]
04
Dec
Dec
The first virtual reality metaverse game based on Solana gets a seed fund led by a trio of investors. Metaverse on Solana Finds More Investment Solice, the first virtual reality (VR) metaverse game in the Solana ecosystem, raised $4.6 million in the seed funding round on Dec. 2. The investment round was co-led by[Read more…]
04
Dec
Dec
The protocol follows through with its plan based on which it picked up a grant from Serum earlier this year. Transition From ERC-20 to SPL Crowny, an advertising platform, partnered with Raydium, a leading Decentralized Exchange (DEX) on Solana, on Dec. 2 to facilitate its migration from Ethereum to Solana. The pre-planned migration to the Solana[Read more…]
03
Dec
Dec
One month after the alpha launch, Drift has $100 million in cumulative volume leading up to the open mainnet launch. $100 Million Traded in a Month Drift Protocol launched its open mainnet on Dec. 2 for all traders to be able to execute on-chain perpetual swaps on Solana (SOL), Bitcoin (BTC), and Ethereum (ETH) tokens. Earlier on the same day, the[Read more…]
03
Dec
Dec
Created by Antiguan artist Guava De Artist, the first-of-its-kind NFT collection DazedDucks Metagalactic Club gives you access to an exclusive community supported by a HODL-To-Earn DAO. Introducing DazedDucks The collection is built around 10,000 hand-drawn algorithmically generated NFTs – the DazedDucks – that feature various attributes and apparel combinations, making each NFT unique and rare.[Read more…]
03
Dec
Dec
Credix is in the early stages of a grand mission to help democratize credit. Credix Founders With Big Vision Two leaders from the executive team at Credix joined the DeFi Direct livestream on Thursday, December 2nd. Founder/CEO Thomas Bohner, and Co-Founder/CGO Chaim Finizol, were hot to explore the many reasons why Credix can help democratize financial accessibility. [Read more…]
02
Dec
Dec
EPISODE SUMMARY Live from Breakpoint 2021, Austin Federa (Solana Labs) moderates a discussion about the transfer layer and cross-chain bridges with Hendrik Hofstadt (Jump Crypto), Bryan Pellegrino (LayerZero), Alex Smirnov (deBridge) and Andriy Velykyy (Allbridge.io). 00:10 – Intro 02:50 – The importance of bridges not relying on Trust 04:28 – Moving wrapped assets 12:00 -[Read more…]
