Category Archives: Solana News

Packy McCormick – Founder of Not Boring Ep #49

EPISODE SUMMARY Packy McCormick is the author of the tech/web3 newsletter Not Boring and runs Not Boring Capital. 00:09 – Intro 01:34 – What are people building in the world of crypto / What does ‘Not Boring’ invest in 09:36 – Ownership in Crypto 16:00 – Conversation around Play-to-earn 19:06 – The regulatory aspect 22:14-[Read more…]

United States Senator Discloses $100k Bitcoin Purchase

The Junior Senator from the ‘Equality State’ is a strong advocate of crypto and bitcoin. Top Proponent Buys a Load of Bitcoin A top proponent of cryptocurrency in the United States Senate has disclosed a bitcoin purchase as high as $100,000. Senator Cynthia Lummis (R-WY) made a sizeable transaction through River Financial on August 16.[Read more…]

NFT Properties Proving Popular, as Floor Price Continues to Hold Steady for SolSteads

We spoke to the team behind Solsteads and considered some upcoming property NFT releases. Floor Price Holds SolSteady Property Non-Fungible Tokens (NFTs) appear to have caught the attention of collectors, with beautiful artwork and the potential for additional features, many have been impressed. ‍ Solana News spoke to the talented artist behind Solsteads to learn a little regarding the inspiration behind[Read more…]

DAI Stablecoin Added to Allbridge in Collaboration With Saber

Users can now utilize the Allbridge that bridges Ethereum and Solana to transfer DAI stablecoins on the DEX. DAI Tokens Transfer Through Saber now Allbridge extended its asset portfolio by adding the stablecoin, DAI, to the bridge In collaboration with the leading decentralized exchange (DEX) in the Solana ecosystem on Oct. 7. The bridge enables[Read more…]

SEC Chief Gensler Rejects Crypto Ban, Still Needs Accountability

Gary Gensler gave the much-needed assurance to a House hearing that a crypto ban is not on the cards. No Ban Planned  Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), confirmed that regulators are not contemplating a ban similar to China. Gensler told The House of Financial Services on October 5th that there are[Read more…]

.Wallet Alliance Announced By Crypto Wallet Providers

The latest development has the potential to be an essential move for accessibility in crypto. Standard Domain Addresses  The days of obscure and complicated crypto wallet addresses are on the verge of becoming a thing of the past—a new ‘.Wallet Alliance’ announced by some of the largest wallet names around crypto, has banded together to[Read more…]

Solana Can be Bought And Sold on Skrill and Neteller Now

Legacy Payment Giants Paysafe Limited announced that leading platforms, Skrill and Neteller, now incorporate SOL tokens. Paysafe Limited Powers this Adoption Skrill and NETELLER now allow users to buy and sell SOL tokens against fiat currencies directly on the respective smartphone applications. PaySafe is looking to stay relevant in the payment space, expanding the integration[Read more…]

Over 5,000 Builders Participate in the $ 5 million Global Solana Hackathon

More than a week remains for projects to apply to the hackathon, bringing new projects to the Solana ecosystem. A Chance to Lead The upcoming Ignition Hackathon is a global hackathon for the Solana ecosystem. The event has been in the works since Aug. 9th and now has 5,072 participants—a number that’s increasing by the[Read more…]

Gas Fees on Ethereum Increase Nearly Threefold in 2 Days

The most utilized blockchain network is facing problems from a familiar foe in the form of gas fees. Gas Fees Spike Again The average price of transactions on the Ethereum Network have risen by nearly three times as ETH took a price jump. Transaction prices have moved from an initial $2.37 per transaction on Oct.[Read more…]

Bitcoin to Gold Ratio at The Highest Since BTC’s All-Time High in May

The amount of gold needed to buy one BTC, “digital gold,” is back on the rise again on the back of BTC’s enormous gains. Gold-BTC Ratio Balance Peaks As Bitcoin (BTC) went from trading under the $48,000 on Oct. 4 to currently trading above the $54,000 mark, the Bitcoin to Gold ratio back around 30,[Read more…]