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…]

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…]

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…]

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…]

The decentralized finance (DeFi) Solana (SOL) network is among the most monitored cryptocurrency projects as the development team works to position it as an Ethereum (ETH) competitor. However, Solana’s growth is threatened by network-related issues like frequent outages.  In this line, about 33% of industry experts have revealed that they are losing trust with the Solana team mainly due to[Read more…]

DEC’s TRIP protocol can power an array of blockchain-powered ridesharing apps, starting with the firm’s own Teleport. The Uber of Web3? It’s not a new concept—Ethereum co-creator Vitalik Buterin theorized it years ago, and other startups have attempted to create a decentralized ridesharing service. But now the Decentralized Engineering Corporation (DEC) thinks it has the right model, and it[Read more…]