Solana [SOL]’s downfall has been surprising to investors all around the world since the blockchain was hyped to the point where it ended up becoming the fifth-largest cryptocurrency in the world at a given time. However, the token didn’t live up to its hype, and investors’ interest started waning. The current state of the altcoin[Read more…]
Category Archives: Solana News
08
Jun
Jun
Solana Ventures and the Solana Foundation will commit up to a total of $100M in a new fund supporting South Korean-based projects dedicated to non-fungible tokens and decentralized finance as well as blockchain gaming, Johnny Lee, general manager of games at Solana Labs, told TechCrunch on Tuesday. The Solana (SOL-USD) community treasury and Solana Labs’[Read more…]
08
Jun
Jun
Solana, a blockchain operator, unveiled its latest $100 million fund for South Korean web3 startups. The new fund is meant to foster the expansion of NFT, gaming, and DeFi initiatives on Solana, as well as to assist former Terra developers in finding work after Terra’s demise. $100M Fund to Boost GameFi and DeFi Blockchain operator[Read more…]
08
Jun
Jun
The $100 million investment and grant fund has been launched to fund Web3 startups in South Korea, primarily those involved in DeFi and GameFi. Solana Continues Expansion The fund has been established through the efforts of both Solana Ventures (the VC arm of the Solana ecosystem) and the Solana Foundation (the non-profit arm of the[Read more…]
08
Jun
Jun
Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organization that promotes the network’s growth. They’ll be used to fund and support a variety of South Korean crypto-companies, with a particular[Read more…]
08
Jun
Jun
Solana Ventures and the Solana Foundation introduced a $100 million investment and grant fund to aid the development of cryptocurrency projects in South Korea. The initiative could also amass developers and companies to the Solana blockchain, which recently went through some serious technical difficulties, including a six-hour outage. Trying to Revive the South Korean Crypto[Read more…]
08
Jun
Jun
Independent ratings organization DeFiSafety had few compliments for Solana following its repeated outages and reliability issues this year. The firm, which generates Process Quality Reviews (PQRs) for crypto and decentralized finance (DeFi) platforms, has released a report on Solana and it was highly critical. “Due to repeated downtime, Solana has the second-worst final technical risk[Read more…]
08
Jun
Jun
The development team explains tokenomics, earning potential, and in-game features ahead of the Alpha on June 30. Metaverse Economy Design Tiny Colony, a PlayAndEarn blockchain game on Solana, released a document on May 26 explaining the ins and outs of their Tinyverse’s economy. The protocol will have a two-token economy with 100,000,000 $TINY governance and[Read more…]
07
Jun
Jun
Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third place, following Ethereum and Ronin, two of its biggest rivals. Suggested Reading | STEPN App Gets[Read more…]
07
Jun
Jun
EPISODE SUMMARY Brett Harrison is the President of FTX US, a US-regulated cryptocurrency exchange. Prior to joining FTX US, Brett was Head of Semi-Systematic Technology at Citadel Securities, where he managed technology for the firm’s Options, ETF, OTC, and ADR trading globally. He began and spent the majority of his career at Jane Street, where[Read more…]
