Category Archives: Solana News

21Shares recently announced its operation on the local stock exchange known as BX Swiss. This event recently occurred as the company released a digital currency staking index that primarily tracks about 10 Proof-of-Stake (PoS) cryptocurrencies. Primarily, 21Shares specializes in creating and managing exchange-traded products (ETPs) that track the value of various cryptocurrencies. A few examples are Bitcoin[Read more…]

Shiba Inu has been seeing a major upside since the crypto market began its recovery rally, but there may be more in store for the altcoin. A major update from the crypto and stock trading platform has once again put the meme coin in the spotlight and provided another boost for it. Robinhood Wallet Will[Read more…]

Maple Finance Q4 report shows it originated about $87 million across 23 new loans, which is down by 67% from its previous record of $262 million. Institutional crypto lending protocol Maple Finance has reported a net loss of about $7 million at the end of the fourth quarter of 2022 as it moves to close its lending[Read more…]

Bitcoin continued to trade above the $20k mark, and each passing hour reinforced the idea that a move upward to $22k was more probable than another dump toward $19k. Monday’s low at $20.6k served as support, and any lower timeframe deviations beneath this level have been a buying opportunity in the past two days. Solana gained 212%[Read more…]

The Cardano blockchain and its community have been building a close relationship with Africa, and the results are paying off. According to a report from Coin Kick-off, this cryptocurrency is the most loved in the region. The report used data from social media platforms and analyzed it with Artificial Intelligence (AI) to rank cryptocurrencies according to users’ sentiments.[Read more…]

An Ethereum address connected with an exploit of Raydium laundered $2.7 million in ether (ETH) through Tornado Cash on Jan 19., security firm CertiK noted. In December Raydium, a decentralized exchange built on the Solana blockchain, was hacked for over $4.4 million in different assets. The hacker was able to withdraw Raydium’s liquidity pool (LP) tokens into their control after[Read more…]

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays Over the reporting period, the cryptocurrency market cap saw net outflows of $31.56 billion to $796.6 billion, down 3.8% from $828.16. Bitcoin’s market cap decreased by 4% to $308.8 billion from $322 billion.[Read more…]

It’s been a difficult year for crypto project Helium Network and its founder, Amir Haleem. Initially lauded as a competent startup and internet-of-things darling, it floundered this summer when it was revealed that some advertised big-name ‘partners’ — including Salesforce and Lime — weren’t actually in business with the firm. Things have only gotten worse. In September,[Read more…]

Litecoin has been climbing the crypto market cap ranking and currently stands at rank 15 with a market cap of  as of press time. Meanwhile, the shake-up sees Solana move in the other direction, sliding from its top 10 position at the end of October to place behind Litecoin at 16th. On Oct 30, Litecoin was[Read more…]

Crypto technology has made incredible advancements over the past few years, and now the blockchain protocol industry is extremely competitive. As gains have been made with speed, scaling, and power consumption, the promise of Web3 and the growth of a blockchain-based internet are beginning to redefine possibilities in tech. With Bitcoin, blockchain technology was first[Read more…]