Crypto infrastructure company Coral has raised a $20 million strategic funding round co-led by FTX Ventures and Jump Crypto. The company is known for creating the Solana development framework Anchor, but is set to dive into the consumer crypto wallet space with a new product. Other participating investors in the round, which closed in May,[Read more…]
Category Archives: Solana News
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Sep
Sep
The creators of the Anchor development framework for Solana are launching Backpack, a “first-of-its-kind” wallet supporting executable NFTs. Coral, the developers of Anchor, the popular development framework for the Solana blockchain, announced a strategic funding round of $20 million co-led by FTX Ventures and Jump Crypto. Other participants in the round include Multicoin Capital, Anagram, K5 Global,[Read more…]
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Sep
Sep
There’s a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively. This is also the case for equity stocks and their markets. The past week brought a downtrend to the primary cryptocurrency. Bitcoin was seen going toward the $19,000 region without any anchor. The[Read more…]
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Sep
Sep
The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls, as well as the ability for developers to create decentralized applications (DApps) on the network. Since the beginning of 2022, the network has been racing toward[Read more…]
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Sep
Sep
The daily technical chart shows the Solana coin price is in a short-term range-bound rally. Furthermore, this sideways is restricted within the top resistance of $47.4 and bottom support of $26. The coin holders should keep a keen eye on these levels as they will have a significant impact in the near term future. The ongoing bear cycle within[Read more…]
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Sep
Sep
Things to know: – The Transfer of Funds Regulation (TFR) aims to prevent payment systems from being used to launder money or finance terrorism, a commendable goal we fully support. – First applied to traditional payment systems in 2015, the TFR is being expanded to also cover transfers of crypto assets. This is the EU implementation of[Read more…]
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Sep
Sep
Rolf Skar (Special Projects Manager, Greenpeace USA) and Daniel Hwang (Co-founder, Validator Commons and BICOWG) discuss the intersection of climate change and crypto, particularly Greenpeace’s Change the Code campaign. This episode is part of a 3-part series that examines the climate crisis and the role that web3 communities might play in providing solutions.
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Sep
Sep
In the past few days, some positive sentiment was seen on social media for Solana [SOL]. The network also registered a huge increase in the total number of wallets in May. This factor likely contributed to its 40 million daily transactions. On the charts, the asset has been stuck within a range, but in recent hours of trading, a[Read more…]
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Sep
Sep
American retail giant Walmart has taken its first steps into the Metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. According to the company’s Monday announcement, Walmart Land focuses on “immersive experiences,” with key features including a physics-defying Ferris wheel, unlockable tokens and badges, an interactive piano walkway and a D.J.[Read more…]
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Sep
According to data from analytics platform Santiment, Solana [SOL] reached 1.65 million in NFT sales as of 26 September. This was the highest it stood at in September. However, can Solana’s growth in the NFT space keep SOL afloat? As can be seen from the image below, Solana’s NFT’s volume has been growing steadily over the past month. Some of the[Read more…]
