Category Archives: Solana News

Solana’s top NFT marketplace no longer forces traders to pay creator royalties after rival upstarts cut into its market share. Magic Eden, the most popular marketplace for Solana NFTs, announced late Friday that it would no longer strictly honor creator-set royalties on NFTs sold through its platform, bowing to recent pressure as royalties-shunning rivals rapidly stole away its market share. “After some[Read more…]

Magic Eden, the biggest NFT marketplace on Solana [SOL], with a monthly trading volume of over $87 million, announced its decision to implement an optional royalties structure on its platform. With this, buyers of NFTs on Magic Eden reserve the right to determine how much they wish to pay as royalties to the creators of these NFTs.   Some[Read more…]

The presale game for some crypto projects is going better than for the rest of the flock. While the whole market is going through a slump, one rising star attempts to save the industry with its cuteness and not your standard value proposition. Big Eyes Coin has indeed been doing great in the past couple[Read more…]

On Friday (October 14), James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about why he the altcoins he is most bullish on are Solana ($SOL), Polygon ($MATIC), and Fantom ($FTM. Mullarney said: “The only two things that I’ve purchased this whole year, other than sell stuff, was Bitcoin and Solana,. That’s[Read more…]

Solana [SOL]-based DeFi platform Mango Markets approved a proposal that will let the hacker keep almost half of the $113 million he stole from the protocol earlier this week. In a twist of events…. …the Mango Markets DAO has voted overwhelmingly in favor of a counteroffer. This would enable the platform them to receive $66 million, and the hacker[Read more…]

Closely followed crypto strategist Jason Pizzino is warning Cardano holders that ADA may witness an additional decline of over 50% even after this year’s deep correction. In a new strategy session, Pizzino tells his 276,000 YouTube subscribers that regardless of the smart contract platform’s fundamental growth over the past months, the charts tell him that ADA could ignite another[Read more…]

Magic Eden, the biggest NFT marketplace on Solana, said that users will now be able to decide how much they wish to pay as royalties to creators when purchasing items from the website. “The decision on how much royalties to pay will be passed to the buyer,” the company said on Friday, adding: “By default, ALL collections/listings[Read more…]

Avraham Eisenberg, the man behind the $114 million exploit on Mango Markets, has confirmed that he orchestrated the attack on the DeFi platform in a statement issued today. “I was involved with a team that operated a highly profitable trading strategy last week,” Eisenberg confirmed, adding, “I believe all of our actions were legal open market actions, using the[Read more…]

A popular cryptocurrency analyst and trader is mapping out the path forward for Bitcoin (BTC), Solana (SOL) and Cardano (ADA). Starting with Bitcoin, crypto trader Jason Pizzino tells his 276,000 YouTube subscribers that the flagship crypto asset is facing an uncertain trend after recording successive lower highs for about a week. “Bitcoin’s still just holding up there.[Read more…]