Category Archives: Solana News

A new Securities and Exchange Commission filing said that Euclid Labs, the parent firm of the Solana-based NFT marketplace Magic Eden, may have raised a lower amount than previously known.  The filing submitted on Jan. 25  shows an offering amount as $16.9 million from 31 investors. The filing amends a prior document submitted on March[Read more…]

Arweave sees a flood of network activity in conjunction with buoyant price action. Arweave posted a 9% gain over the last 24 hours to $11.52, marking a 12-week high. The price spike was accompanied by a tweet from Arweave co-founder and CEO Sam Williams, who said the chain had experienced its highest-ever monthly transaction count[Read more…]

The Kin Foundation, the blockchain development group behind Kin Labs and the Kin Ecosystem, has announced the launch of Kinetic, its flagship middleware (integration ramp/tool) that’s built off of the Solana ecosystem. Kinetic can be described as a “no-code” app that would help developers (yup, even those without prior extensive experience) to “easily integrate cryptocurrency[Read more…]

Due to the prolonged global beer market, lots of crypto traders and investors have had to abandon big projects like Bitcoin (BTC) and Ethereum (ETH) for fear of the unknown. Their fear is simple: they already lost money, so they don’t want to continue losing their hard-earned money. Most of these investors and traders are turning[Read more…]

Sec3, a blockchain security firm that audits smart contracts among other services, raised $10 million in a seed funding round. Multicoin Capital led the round, with Sanctor Capital and Essence VC participating, Sec3 announced Tuesday. Several angel investors, including Santiago Santos, a former ParaFi Capital partner, and Anatoly Yakovenko, co-founder of Solana, also joined the round.[Read more…]

The Kin Foundation has rolled out a solution called Kinetic that will allow developers to integrate Solana into their apps thus enabling them to introduce crypto use cases on their platforms, the foundation said on Tuesday. Kinetic is an open-source middleware technology for Solana-based in-app integration. It includes both API and SDKs necessary for builders to deploy[Read more…]

The Pyth Oracle Network launched price feeds on Arbitrum, which previously only had Chainlink oracles available on its network. This move by Pyth, which has majority of its integrations in the Solana ecosystem, is a new foray for its network into the Ethereum ecosystem. Mike Cahill, director of the Pyth Data Association, praised Ethereum and[Read more…]

Jump Trading has dumped roughly 65,000 LDO tokens — declining over 10% in price —over the last 24 hours, according to Etherscan data. On-chain analyst Lookonchain has tied Lido’s (LDO) recent sharp decline to crypto company Jump Trading in a Jan. 31 Twitter thread. LDO declined by around 10% on Jan. 27 when Jump Trading[Read more…]

Solana is the blockchain network that has huge potential to compete with Ethereum, the smart-contract leader n the year 2021, Solana, a public blockchain platform, shocked the cryptocurrency world by climbing an eye-watering 3,700% before struggling amidst market-wide corrections. But is it possible for SOL to overtake Ethereum and become the number one NFT platform in 2023? Let’s find out! Here[Read more…]

Source : bsc.news