Category Archives: Solana News

Aurory Aurory stands out as a premier NFT project built on the Solana Blockchain. Launched in April 2022, this collection comprises 9,982 distinct items and falls under the category of Profile Picture NFTs (PFPs). The collection features two main types: Aurorian and Helio. These items can be personalized with various attributes such as skin tones,[Read more…]

Tokens Affected by the Trading Halt Bitstamp has announced that trading of these tokens will be suspended starting from August 29th. However, users will retain the ability to maintain ownership of these assets and withdraw them as desired. Although Bitstamp did not explicitly state the reason for delisting these tokens, the association of these tokens[Read more…]

Key Points: On Tuesday, the cryptocurrency market witnessed a resurgence as Bitcoin reclaimed the critical $30,000 level, injecting a renewed sense of optimism among investors. This milestone, long seen as a psychological barrier, has bolstered confidence in Bitcoin and ignited hopes for the altcoin sector. Solana (SOL), a star in the crypto landscape, stands out[Read more…]

Solana’s Potential Parallels with Cardano’s 2019 Movement In a recent analysis, well-known crypto analyst Benjamin Cowen noted that Solana has demonstrated a slightly stronger performance compared to other altcoins due to significant capitulation towards the end of 2022. Cowen observed that SOL reached its lowest point early this year, followed by a substantial price surge[Read more…]

Worldcoin (WLD) – Short Term vs. Long Term Worldcoin (WLD), an AI-based cryptocurrency co-founded by Sam Altman, is currently under scrutiny for its potential price trajectory. The market report suggests that WLD, launched in July with no history to compare, will experience a bearish movement for the years 2023-2024. Altcoin Sherpa’s recent series of posts[Read more…]

Solana and Cardano in Market Analysis Amidst the ongoing market turbulence, both Solana (SOL) and Cardano (ADA) are striving to gain momentum. Notably, stage 1 of the Borroe presale is currently underway, following the successful completion of its beta phase. Market experts hold a bullish outlook on ROE, anticipating it to potentially outperform the market[Read more…]

Defi Security Breaches: Cypher Protocol and Steadefi Hit by Attacks On August 7, 2023, both Cypher Protocol and Steadefi, prominent decentralized finance (Defi) platforms, fell victim to security breaches, resulting in substantial financial losses. Cypher Protocol Exploit: $1 Million in Losses The security breach targeted Cypher Protocol, a decentralized futures exchange operating on the Solana[Read more…]

Cypher Protocol Discloses Significant Security Breach on Solana Cypher Protocol, a decentralized futures exchange operating on the Solana blockchain, recently announced on August 7th that a major security breach had taken place on their platform. The breach resulted in an estimated unauthorized transfer of assets valued at approximately $1 million. Taking swift action, Cypher Protocol[Read more…]

Introduction Reports indicate that PayPal’s stablecoin, PYUSD, was originally intended to be launched in collaboration with FTX on the Solana blockchain in 2022. Unforeseen Circumstances and Delay However, unforeseen circumstances led to a sudden suspension of these plans. The collaboration between PayPal and FTX for the initial issuance of PYUSD on Solana was unexpectedly put[Read more…]

Popular Solana Exchange Falls Victim to Exploit A recent security incident has shaken the Solana network as a well-known exchange, Cypher Protocol, fell prey to an exploit, resulting in an estimated loss of around $1 million. Despite this setback, the price of SOL remained stable, showing resilience in the face of adversity. Investigation and Response[Read more…]