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SEC Chief Gensler Rejects Crypto Ban, Still Needs Accountability

Gary Gensler gave the much-needed assurance to a House hearing that a crypto ban is not on the cards. No Ban Planned  Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), confirmed that regulators are not contemplating a ban similar to China. Gensler told The House of Financial Services on October 5th that there are[Read more…]

Solana Can be Bought And Sold on Skrill and Neteller Now

Legacy Payment Giants Paysafe Limited announced that leading platforms, Skrill and Neteller, now incorporate SOL tokens. Paysafe Limited Powers this Adoption Skrill and NETELLER now allow users to buy and sell SOL tokens against fiat currencies directly on the respective smartphone applications. PaySafe is looking to stay relevant in the payment space, expanding the integration[Read more…]

.Wallet Alliance Announced By Crypto Wallet Providers

The latest development has the potential to be an essential move for accessibility in crypto. Standard Domain Addresses  The days of obscure and complicated crypto wallet addresses are on the verge of becoming a thing of the past—a new ‘.Wallet Alliance’ announced by some of the largest wallet names around crypto, has banded together to[Read more…]

Over 5,000 Builders Participate in the $ 5 million Global Solana Hackathon

More than a week remains for projects to apply to the hackathon, bringing new projects to the Solana ecosystem. A Chance to Lead The upcoming Ignition Hackathon is a global hackathon for the Solana ecosystem. The event has been in the works since Aug. 9th and now has 5,072 participants—a number that’s increasing by the[Read more…]

Gas Fees on Ethereum Increase Nearly Threefold in 2 Days

The most utilized blockchain network is facing problems from a familiar foe in the form of gas fees. Gas Fees Spike Again The average price of transactions on the Ethereum Network have risen by nearly three times as ETH took a price jump. Transaction prices have moved from an initial $2.37 per transaction on Oct.[Read more…]

Bitcoin to Gold Ratio at The Highest Since BTC’s All-Time High in May

The amount of gold needed to buy one BTC, “digital gold,” is back on the rise again on the back of BTC’s enormous gains. Gold-BTC Ratio Balance Peaks As Bitcoin (BTC) went from trading under the $48,000 on Oct. 4 to currently trading above the $54,000 mark, the Bitcoin to Gold ratio back around 30,[Read more…]

SolSisters AMA Recap

Solana_Daily hosts SolSisters: #NFTs #SolSisters #RealSolSisters #SolanaDaily #SOL Solanda_Daily Admin: Hello and welcome, how are you today? Lex: Hey thanks for taking the time today! G: Hello to all! So happy to be here and to tell you all about SolSisters. Solanda_Daily Admin: Happy to hear! Ready to start our AMA? G: Ready. Q1: Now to start the AMA, please have a[Read more…]

Aldrin AMA Recap

Solana_Daily hosts Aldrin: #Defi #Aldrin #CEX #SolanaDaily #SOL Solanda_Daily Admin: Hello and welcome, how are you today? Joah:  I’m doing great. Solanda_Daily Admin: Happy to hear! Ready to start our AMA? Joah: Yes I am Q1: Now to start the AMA, please have a quick introduction to the community. What is Aldrin about? Joah: Aldrin will replace traditional banking. In order to[Read more…]

Grayscale Adds Solana to its Digital Large Cap Fund

Solana now holds the fourth-largest weightage in this flagship fund of this institutional investment vehicle. Another boost for Solana In one of the landmark events for the token, Grayscale Investments has added Solana (SOL) to its flagship crypto fund, the GrayScale Digital Large Cap Fund, which includes the premier cryptocurrency, Bitcoin (BTC), as well as the native token[Read more…]

Nexo Announces Support for SOL Token

Users can now utilize SOL tokens to buy, swap, earn interest and even use them as collateral. SOL Utility Increases In a move to capitalize on the hype around the ecosystem, the native token of the Solana blockchain, SOL, is now supported by Nexo, a lending, borrowing, and savings platform for digital assets. Users can now[Read more…]