Category Archives: Solana News

1  Q3 2022 Blockchain Security Overview A total of 37 major exploits were monitored, with a total loss of approximately $405 million In the third quarter of 2022, Beosin EagleEye monitored over 37 major attacks in the Web3 space, with total losses of approximately $405 million, down approximately 43.6% from $718.34 million in Q2 2022[Read more…]

Solana (SOL) and Polygon (MATIC) reported losses for the day. Both of the tokens’ prices were predicted to decrease, as well. As American jobs data revealed a stubbornly strong labor market, the cryptocurrency market corrected. This economic indicator reaffirmed the US Federal Reserve’s intention to raise interest rates aggressively, which would cause a rapid decline[Read more…]

Solana has raised around $335.8 million over nine funding rounds, with Alameda Research, Andreessen Horowitz, and Polychain being its leading investors. Do you know that Solana is one of the first cryptocurrencies to use the groundbreaking proof-of-history (PoH) consensus algorithm that was built on the proof-of-stake (PoS) consensus algorithm? Solana (SOL), the ninth-largest cryptocurrency in the world,[Read more…]

In the early days of cryptocurrencies, a project’s success was primarily determined by the information provided in its whitepaper and the rarity of its tokens. As more tokens with more users and members function better, the requirements gradually shift—users aid in boosting platform traffic and token demand, which raises the coin’s value. Here, we’ve gathered[Read more…]

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Do you know that Solana is one of the first cryptocurrencies to use the groundbreaking proof-of-history (PoH) consensus algorithm that was built on the proof-of-stake (PoS) consensus algorithm? Solana (SOL), the[Read more…]

Popular meme coin, Dogecoin, is on a 7-day rampage. The token has recovered over 41% of its value following the market recovery. Dogecoin has also recorded over 17% on the day, making it one of the best-performing tokens in the past 24 hours. The cryptocurrency market has been recovering from its recent slump, which has[Read more…]

Aptos, the newest blockchain in town, continues to make waves with a massive gain of over 18%. The price has been on a 7-day rally and is now trading at $8.79, representing a 0.74% decline from yesterday’s close. The team behind Aptos has been working hard to get their project off the ground. Despite experiencing[Read more…]

Serum, a decentralized exchange on the Solana network, is currently mulling a proposal that will change the governance structure for the project. Solana and Serum developers TDM Blockchain developed the proposal and filed its recommendations to the Serum DAO forum on Thursday. If passed, this will result in the creation of a new community token for the Serum DAO.[Read more…]

Wednesday evening marked a sensational moment for several Solana projects as they reopened after they received back lost money from the recent Mango markets hack. The tokens that UXD Protocol and Tulip lost due to the Mango Markets exploit have now been returned. Both initiatives have commenced the reinstatement of their services on the Solana[Read more…]

The Solana blockchain network has seen significant efforts toward NFT support in the past. Initial days saw Solana marketing itself as a more affordable option for the NFT market compared to Ethereum. While those efforts have contributed to network usage, Solana is still not the NFT powerhouse that the world expected. But is there still a chance[Read more…]