Category Archives: Solana News

GenesysGo Shows Their Worth on DeFi Direct Livestream

Co-Founder of GenesysGo gives bullish sentiments through knowledgeable chat. GenesysGo Vital for Solana The DeFi Direct YouTube was graced on November 4th with some of the true unsung heroes of the Solana blockchain. The unsung heroes at GenesysGo are humbled by their success, DeFi Direct learned why to be bullish on Solana. Frank Mathis, Founder of GenesysGo,[Read more…]

Solana Play to Earn GameFi Project Raises 2.5MM from Heavyweight VCs

3AC, Mechanism Capital, DeFiance Capital, SinonGlobal Capital, and others are jumping headfirst into P2E GameFi with Nyan Heroes. VCs Doubling Down on P2E Games on Solana Solana based Play to Earn (P2E) GameFi project, Nyan Heroes, announced the closure of their $2.5 million early stage seed round on Nov. 3, via a Twitter post.  The funding[Read more…]

SOL Hits a New All-Time High Amidst Altcoin Rally

The native token of the Solana network has surpassed the previous all-time high of $210 reached in September. SOL Posts Phenomenal YTD Gains The SOL token hit a new all-time high of $247 over the past day. Solana rise saw its market capitalization surpassing $70 billion for the first time ever, as per CoinMarketCap’s data. The[Read more…]

US President Biden’s Working Group Bullish On Stablecoins

Biden’s Working Group on Financial Market maintains a bullish outlook on stablecoins but proposes to impose bank-like regulations. Putting Guesses to Rest The long-awaited report on stablecoins by the Biden administration paints a bullish picture for the digital assets as a faster, more efficient, and more inclusive payment option but with one caveat, regulation. The report on stablecoins by[Read more…]

Solana News Hosts GenesysGo, Builders for Devs

Don’t forget to tune in Wednesday, Nov. 4 at 17:00 UTC. Building for Builders We’re back with another YouTube livestream to bring you another top project from Solana. This week dropping into the DeFi Direct YouTube Channel is GenysysGo. Solana News founder Greg, GoonTrades, will be hosting Frank Mathis, the CEO of GenesysGo, for a conversation on Nov. 4th[Read more…]

Ethereum Co-Founder Vitalik Buterin Makes An Elaborate Post on “Crypto Cities”

Buterin explored the concept in detail, along with providing updates on any ongoing developments in the space. “Blockchainifying” the City Ethereum’s co-founder Vitalik Buterin elaborated on the idea of Crypto Cities and the many developments that are currently ongoing in hand with the concept. Could this concept of crypto city-state kill the idea of the nation-state? Buterin[Read more…]

Australian Securities Regulator Issues Crypto ETF Guidelines

ASIC shows openness by issuing a guideline for crypto ETPs and acknowledging regulatory limitations. Forward-Looking Approach  The Australian Securities and Investment Commission (ASIC) issued a report following public consultation on crypto-assets as underlying assets for an Exchange Traded Product (ETP). The report included a fresh set of guidelines that focuses on five identifying features. The five identifying features that the report[Read more…]

Another All-Time High From ETH During UP-Only Season

The ETH token led the altcoin rally to hit a fresh all-time high on Nov. 2, tokens like XRP, SOL, and DOT follow in suit as well. ETH Poised to Grow Further The Ethereum network’s native token, Ether (ETH), hit a new all-time high of $4,638.45 on Nov. 2, as per data from CoinMarketCap. The new milestone[Read more…]

Tommy & Taylor Johnson – Co-Founders, PsyOptions Ep #51

Tommy and Taylor are the founders of PsyOptions, a DAO developing the leading options primitives on Solana. 00:09 – Introduction and Origin Story 04:04 – What are the challenges / improvements in Solana? 11:49 – Integration of Serum v3 14:32 – ​​Adoption of PsyOptions 17:19 – Architecting the system 22:11 – Liquidity mining vs. options[Read more…]