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…]
Category Archives: Solana News
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…]
Backed by very human elements of story and community, soAlien NFTs is ready for lift-off. Unwritten SoAlien Story The opportunity to drive and become a part of an NFT story is here. soAliens is a new NFT project set to mint and launch on Solana in the next two weeks. Mr. T and Fresh Prince[Read more…]
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…]
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…]
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…]
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…]
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…]
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 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…]