Category Archives: Solana News

Korean Teachers’ Credit Union, Manager of $47 Billion, Denies Rumours of Bitcoin Investment

Korean Teachers’ Credit Union (KTCU) issued a statement quashing rumors of its interest in Bitcoin ETF Risk-Averse The Korean Teachers’ Credit Union (KTCU) issued a statement denying a report that it has shifted its investment strategy to allocate part of its capital into Bitcoin Exchange Traded Funds (ETFs). The article published by The Korea Economic Daily titled, ‘KTCU to be[Read more…]

SolanaNews to Host Official Only1 Livestream

Only1, a social NFT platform on Solana, will join SolanaNews in a YouTube live discussion. Exclusive Livestream for SolanaNews We are thrilled to announce an exclusive livstream with an executive from Only1. For this iteration of the Solana News Livestream, we’re hosting the first social NFT platform built for the Solana ecosystem, Only1, for a live[Read more…]

US Regulators Set Sights on Reigning in Stablecoins

US Regulators will be policing cryptocurrency with its primary focus trained at stablecoins Ringfencing Stablecoins In an article by Bloomberg, the US Securities and Exchange Commission (SEC) is expected to crack down on stablecoins as a report is expected to be released by the Treasury Department together with other government agencies on SEC’s authority to regulate stablecoins. The report will[Read more…]

Somnium Space Goes Multi-Chain, Integrates with Solana

The platform has partnered with Metaplex and Holaplex to hold a part of its Tertiary Land Offering auctions on Ethereum and Solana. Somnium Space Gains Pace Somnium Space has announced that the platform intends to go multi-chain with an integration with the Solana network. In a series of announcements on Oct. 26 via Twitter, the platform[Read more…]

Fundraise, tokenomics, and IDO

We’ve got a doozy of an update for you! TL;DR: Announcing $6.5M raise from Polychain, Dragonfly, Race, and others IDO for 4% of total supply will be live at ido.solend.fi on Nov 1 12:00pm UTC 100M SLND total supply Since announcing our liquidity mining program last week, Solend’s deposits have grown 80% to over $360M in deposits and[Read more…]

Mastercard Announces Plan to Allow Merchants to Accept Bitcoin

Mastercard is going to a partnership with Bakkt, a platform by the Intercontinental Exchange (ICE) to enable merchants to receive BTC for services offered. Bitcoin Adoption Gets a Big Jump In a highly well received moment, Mastercard has begun its foray into cryptocurrencies with an integration with Bakkt to enable its wide network of merchants[Read more…]

Aurorians Successfully Complete AURY IDO Raising Over $100MM

Solana GameFi and metaverse project looking to fill the shoes of Axie, Sandbox and Decentraland following AURY token and Aurorian NFT sale. AURY Token Grabs Investor Attention The Aurory Project completed their initial DEX offering (IDO) for its token, AURY, that raised $100 million of funds at a price of $15.54 as announced by the NFT project[Read more…]

MonkeyBall Set As Flagship IDO For StarLaunch

Greetings Commanders, the time has finally come to announce the highly anticipated first project launching through StarLaunch: MonkeyBall! What is MonkeyBall? MonkeyBall is a AAA video game being developed with the Unity game engine on the Solana blockchain. In the game, users manage a team of four monkeys that play head-to-head soccer matches against opposing players. Team’s earn[Read more…]

Saber and Allbridge Collaborate to Bring First Avalanche DAI pool to Solana

Trading and deposits with the Avalanche DAI – USDC pair are now live on Saber in partnership with Allbridge. Avalanche DAI / USDC Pool now on Solana The Avalanche DAI – USD Coin (USDC) pool is now live on Solana with Saber (SBR) tokens as a reward.  Saber announced the launch of the first Avalanche[Read more…]

Solana (SOL) Becomes the Sixth Largest Cryptocurrency by Market Cap

SOL’s latest price rally saw it climbing to sixth place on CoinMarketCap’s top 10 crypto assets by market capitalization as the token now eyes Cardano’s spot in the ranks. Solana Continues Sustained Growth The Solana (SOL) token posted over 21% gains in the last seven days to make it to 6th place on CoinMarketCap’s list of top 10 cryptocurrency[Read more…]