Proposal 44 will initiate a burn of 10% of LUNA’s total supply replicating other prominent blockchain networks that have made a similar move. On The Shoulders of Giants Do Kwon, co-founder, and CEO of Terraform Labs (TFL), announced the implementation of proposal 44 that will bring the burn of 10% of its total supply, i.e., 90 million[Read more…]
Category Archives: Solana News
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Oct
Oct
In order to apply for a whitelist position in the StarLaunch IDO, all users must: 1) Submit a KYC application between Oct 24 and Oct 29, then 2) Contribute the full $400 USDC allocation to complete registration. Those users who are selected for a whitelist position will proceed to receive their allocation. Those users who[Read more…]
22
Oct
Oct
The platform started small, bridging with Solana, and gradually grew to serve a greater need across all blockchains. Allbridge Created to Serve Growing Need Solana News founder Greg, also known as GoonTrades, played host to a virtual conversation that lasted just under an hour on Tuesday, October 19 at 16:00 UTC. Allbridge co-founder Andriy Velykyv stopped by[Read more…]
22
Oct
Oct
ProShares BTC Strategy ETF approval by SEC and its listing on NYSE Arca, boosts BTC to a new all-time high. Watershed Moment for Crypto Bitcoin (BTC) has shifted gears to set a new all-time high of $66,930 on Oct. 20 as per data from CoinMarketCap. The new price peak surpasses the previous high of $64,888 set on[Read more…]
21
Oct
Oct
Users can now get the UST stablecoin & LUNA to use in Solana’s DeFi ecosystem via Wormhole’s token bridge. TerraUSD Now on Solana The Wormhole Network has now expanded the capabilities of its token bridge to support tokens from the Terra network like UST and LUNA. Terra previously used the Shuttle bridge as a bridge[Read more…]
21
Oct
Oct
The debut of the ProShares Bitcoin Strategy ETF sees it becoming one of the biggest first days for any ETF EVER. Landmark Moment for BTC The Proshares Bitcoin Strategy ETF debuted on New York Stock Exchange (NYSE) Arca on Oct. 19 with a bang, recording volumes over $1 billion on the first day. This ETF[Read more…]
20
Oct
Oct
The NBA continues its crypto foray after various teams have already committed to their own respective fan tokens. Coinbase Lands Another Slam Dunk The National Basketball Association (NBA) is formally partnering with Coinbase on a multi-year deal. The announcement was made official on October 19th through an NBA press release. The deal will also encompass the[Read more…]
20
Oct
Oct
TL;DR: Retroactive liquidity mining rewards can now be viewed on solend.fi. These tokens are still being earned and will be claimable following the IDO (details soon). Since launching to mainnet on August 12, 2021, Solend has amassed over $200M in deposits, over $100M in borrows, and over $100M in TVL! Solend also has: 65K accounts with at[Read more…]
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Oct
Oct
The largest derivatives exchange in the world sees the open interest of its BTC futures grow more than twofold in October to surpass the previous all-time high in April. Bitcoin Derivatives on the Rise The largest derivatives exchange in the world, the Chicago Mercantile Exchange (CME) witnessed an all-time high open interest (OI) for its BTC[Read more…]
18
Oct
Oct
The hackathon has 5860 participants with over $5 million in prizes up for grabs. Entries for the Hackathon Now Closed Solana announced the entries to the 4th edition of the network’s hackathon, Ignition, upon closure on Oct.18. The protocol confirmed that hat 568 projects have hatched due to this hackathon via their official Twitter account. The projects[Read more…]
