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Category Archives: Solana News

Zipmex facing legal battle with Thailand SEC over non-compliance

Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal freeze. Zipmex had paused all withdrawal requests from its Z wallet on July 20. The SEC issued a letter on July 21, asking for clarifications on how assets held in the[Read more…]

How Brave Will Support Over 2 Million Decentralized Websites With This Partnership

Popular privacy-focused browser Brave announced an integration with Unstoppable Domain to take decentralized websites to the mainstream. The integration will allow users to “take control” over a domain hosted in the blockchain forever. Decentralized Websites, The Next Big Thing For Web3? In addition, Brave will allow people to easily explore decentralized websites. There are over 30,000 websites[Read more…]

Helium: With proposal of migrating to Solana, HNT in past days went…

The Helium Foundation published a proposal on 30 August, that informed users about an important update. The foundation stated the intentions of the Helium core team to migrate to the Solana [SOL] blockchain. Although voting on the proposal was scheduled to commence by 12 September, the price of HNT immediately declined by 11% within the next 24 hours following the proposal’s publication.[Read more…]

Solana-based transactions approach 100 million despite challenging 2022

The Solana (SOL) network continues to record development as the blockchain strives to take on established platforms like Ethereum (ETH), a factor that has translated into increased activity.  At the same time, the network is battling challenges related to blockchain efficiency, but transactions on the platform appear undeterred. In particular, as of September 6, the Solana number of transactions[Read more…]

Solana NFT Startup Dust Labs Raises $7M as y00ts Tops NFT Charts

Solana NFT project y00ts is off to a hot start since launching last night, topping secondary markets as the NFTs sell for a significant premium over the mint price. And amid the hype over the rollout, the Web3 tech company tied to the project has raised a seed round from some notable investors. Dust Labs, a tech startup linked to[Read more…]

Solana: Here’s why bearish bias makes sense despite bullish momentum

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Solana [SOL] has bullish momentum behind it after a near 10% move upward from the lows of 2 September. At press time, SOL stood at $30.5. In the same time period, Bitcoin [BTC] has traded sideways within[Read more…]

Coinbase Expands Solana Infrastructure

Founder Yakovenko claims its now easier to build robust apps on Solana – Solana 2.0 feels more in sight than ever. Coinbase Cloud has launched Solana Archival Nodes to empower Solana developers. Developers can use the nodes platform to access blockchain services that enable them to build crypto products faster. In particular, these nodes can run complex queries[Read more…]

Charles Hoskinson calls Ethereum Classic ‘dead project with no purpose’

Cardano (ADA) founder Charles Hoskinson said Ethereum Classic (ETC) is a “dead project with no purpose or compelling argument to exist outside of spite.” Hoskinson gave this response to allegations that he wanted to exploit ETC miners. An Ethereum Classic supporter on Twitter had accused Hoskinson of trying to milk the network after he proposed a 20% miner[Read more…]

Helium Proposes to Migrate IoT Ecosystem to Solana

Helium proposes migration of entire IoT ecosystem to the Solana blockchain. IoT telecoms platform Helium is proposing a landmark change that would impact the entire ecosystem, from users to developers and miners. Why Solana? On August 31, Helium published HIP 70, a proposal to improve blockchain performance significantly. To achieve this goal, the core developer team offers a[Read more…]

Solana Sees Meteoric Growth Against ADA, ETH Even As Founder Cites ‘Curse’ Following Network Outages

Solana was the breakthrough blockchain network of 2021, with its native token soaring to all-time highs. Barely a year from the stellar run, Solana has been blighted by a series of outages that have threatened the survival of the entire ecosystem. In an interview with Raoul Paul, Anatoly Yakovenko conceded that frequent network outages have[Read more…]