Category Archives: Solana News

Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.” The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of BAYC. Yuga Labs said it assembled a new community council[Read more…]

UK investment firm Abrdn is taking another major leap into the digital asset space by partnering with enterprise network Hedera.  The asset manager, which oversees $579 billion in assets, will join the likes of Google, FIS, Standard Bank and Nomura on the Hedera Governing Council.  “We’re really long-term investors,” said Duncan Moir, senior investment manager[Read more…]

Solana’s [SOL] immediate ceiling in the $34-zone has constrained the buying pressure for the last three weeks. As the bulls strive to retest this resistance again, SOL could present an opportunity in the coming sessions. As observed empirically, reversals from this ceiling have reignited short-term selling pressure. Meanwhile, the two-week-long trendline support flipped to resistance on[Read more…]

Singapore, singapore, 5th October, 2022, Chainwire NvirWorld, a blockchain company with platforms such as NFT marketplace Nvir Market and decentralized finance (DeFi) service N-Hub, announced the MOU with the Solana Foundation. NvirWorld signed an MOU with the Solana Foundation on September 23, agreed on long-term strategic cooperation aimed to support and promote the development of[Read more…]

There has been some criticism about Solana since it was established in March of 2020. Through a thread he created, Cyber Capital founder Justin Bons exposed the network’s recent “anomalies.” and how it violated decentralization in the sense of DeFi. The native token of the network had a bullish pullback despite the controversy. Given the[Read more…]

investors should look for cheap cryptocurrency projects that will rebound when the market cycle shifts to get the most out of their portfolios. To uncover these initiatives, investors must spend a lot of time exploring and investigating crypto ideas. Solana (SOL), Dogecoin (DOGE), and Flasko are three cryptocurrency projects that investors might buy to diversify[Read more…]

As a novice, you were undoubtedly taught that starting a crypto portfolio is as simple as engaging in your first Ethereum or Bitcoin buy. But, as time passed, we all understood how false that was. One of the most important aspects to consider when developing a crypto portfolio is asset allocation and diversification—knowing the appropriate[Read more…]

DefiYield, the DeFi investing and yield farming platform, tracks exploited projects across the DeFi ecosystem through its REKT database. Since January 2022, it has tracked over $60 billion in lost or stolen funds across 1,195 events, including Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered throughout the same period,[Read more…]

Solana’s [SOL] probation period may be up if the team behind the project does nothing to solve its recurring challenges. Recall that Solana had been the victim of several exploits, and network issues, with some occurring repeatedly between June and September 2022. The latest outage could be proof that the network needed improvements. However, before now, some investors had[Read more…]

People who cannot create passive income streams will never be truly wealthy. Wealthy people have their money working for them twenty-four hours a day. However, the decentralized revolution has made earning passive income easy. DeFi has launched financial services not possible within TradFi, making it simple for ordinary investors to generate passive income. Oryen (ORY),[Read more…]