Category Archives: Solana News

Crypto exchange Coinbase is the subject of yet another lawsuit, this time for patent infringement. The company is facing a suit related to its digital trading technology according to reports by Reuters. Coinbase Global Inc is facing a patent lawsuit filed by Veritaseum Capital LLC in a Delaware federal court and claims that the exchange infringed a patent[Read more…]

Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone, thanks to the power of 2,011 validator notes. Also, these transactions were completed in an average of 3,448seconds. However, this landmark might not amuse some[Read more…]

The Nazare stablecoin pool has 7 reserves: nUSH/USDC, nUXD/USDC, nUSDT/USDC, USH, UXD, USDC and USDT. The pool contains 3 different stablecoin-based Nazare LPs. Use them as collateral to borrow stablecoins against them. This pool serves as a soft launch for Nazare. Expect deposit limits and incentives to be increased overtime. Yours truly, Solend Team Source[Read more…]

Interoperability enabling network Quant has gained 10% in the last 24 hours amidst the general crypto bear market. The token is inexorably climbing up the price charts while other tokens struggle to keep their heads above water. The crypto is steadily gaining, testing new highs after its yearly low in June when its price dipped[Read more…]

The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision. The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70. Says Scott Sigel, the chief operating officer of the Helium Foundation, “We have[Read more…]

After mulling over a critical proposal for almost ten days, the Helium community has concluded a landmark vote to approve Helium Improvement Plan 70 or HIP 70. Closer look at the proposal HIP 70 has been in the pipeline for months and the proposed changes will help the Helium Network in a significant manner. The proposal entailed[Read more…]

Helium, the crypto-powered wireless network, will officially move from its own blockchain to Solana following a community vote on a proposal. Ultimately, over 81% of the token-based votes went in favor of the migration. And it could happen quickly. The Helium Foundation announced a Q4 launch for the transition, and in an interview at the Helium House event in New[Read more…]

Solana [SOL] wasn’t at its best last week as it registered a more than 8% decline in its value. Though the current bearish market condition was a factor that led to this result, there were several metrics that also played a role in this recent decline. At the time of writing, SOL was trading at $31.36[Read more…]

Since its establishment in 2013, the Helium network has been operating on its own blockchain, known as HIP 70. On Thursday, the foundation disclosed that a majority community vote of 81.41% approved the Helium Improvement Proposal (HIP 70) aimed at developing the network to meet user demand. The proposal requirements demanded participants to stake the[Read more…]

Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote.  The vote saw an overwhelming majority of over 80% vote in favor of moving to the Solana blockchain rather than sticking with the network’s own blockchain.  The HIP 70 Proposal  The proposal to shift Helium,[Read more…]