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Solana Crashes 12% Overnight as Crypto Markets Bleed Out (Market Watch)

Solana crashed by around 12% in the past 24 hours as the market continues bleeding out following the FTX fallout. The cryptocurrency market continues to bleed out and in the past 24 hours, its total capitalization shed another $20 billion. The majority of coins are well in the red and the broader sentiment remains particularly[Read more…]

The $100 million fund will be primarily focused on projects based on Solana and Terra.

Solana Ventures and the Solana Foundation introduced a $100 million investment and grant fund to aid the development of cryptocurrency projects in South Korea. The initiative could also amass developers and companies to the Solana blockchain, which recently went through some serious technical difficulties, including a six-hour outage. Trying to Revive the South Korean Crypto[Read more…]