Latest News and Articles about Solana
Pump.fun’s Profit Reality: Only 0.412% of Traders See Big Gains
Most Pump.fun Traders Yet to See Significant Profits, Data Indicates Pump.fun, a decentralized platform for Solana-based memecoins, has made waves in the world of decentralized finance (DeFi). Memecoins, cryptocurrencies often born from internet memes or viral trends, thrive on Pump.fun’s high-speed transactions and low fees. Despite the platform’s financial success, amassing nearly $398 million in […]
Read MoreUK Treasury Eases Crypto Staking Rules, Boosts Ethereum and Solana
UK Treasury Exempts Crypto Staking from Collective Investment Scheme Rules The UK Treasury has announced a game-changing decision for the crypto world, exempting crypto staking from being classified as a collective investment scheme (CIS). Effective from January 31, 2025, this move promises a more straightforward regulatory path for blockchains like Ethereum and Solana. UK Treasury […]
Read MoreDeFAI Tokens: AI Trading Agents Shaping the Future of Crypto on Solana and Base
AI Trading Agents: The DeFAI Revolution in Crypto DeFAI tokens, AI agents with trading capabilities, are emerging as a promising new category in the cryptocurrency sector, despite a total market cap of less than $1 billion. DeFAI tokens: AI trading agents Market cap under $1 billion Solana and Base chains GRIFFAIN, Hey Anon, ORBIT In […]
Read MoreSolana’s SIMD-215 Proposal Aims to Boost Scalability to Billions of Accounts
Solana’s SIMD-215 Proposal: A Leap Forward in Blockchain Scalability Solana is poised to redefine the limits of blockchain scalability with its SIMD-215 proposal, aiming to manage billions of accounts with unprecedented efficiency. This bold move could not only supercharge Solana’s network but also set a new benchmark for the entire blockchain industry. Solana’s SIMD-215 aims […]
Read MoreSolana Introduces Quantum-Resistant Winternitz Vault for Enhanced Security
Solana Launches Quantum-Resistant Winternitz Vault for Enhanced Security Solana has taken a significant step into the future of blockchain security with the launch of the Winternitz Vault on January 5, 2025. This feature aims to shield user funds from the potential threat of quantum computing, a technology that could disrupt current cryptographic systems. Quantum-Resistant Security […]
Read MoreFOCAI.fun Insider Trading Scandal: $20M Profit on Solana Launch Exposed
Insider Trading Scandal: FOCAI.fun Launch on Solana Nets $20M for Insiders The launch of the FOCAI cryptocurrency on the Solana blockchain was supposed to herald a new era of AI and blockchain integration. Instead, it exposed a major insider trading scheme that netted insiders over $20 million, raising serious questions about the integrity of new […]
Read MoreConvicted Undead Apes NFT Scammer Dies by Suicide Before Sentencing
Tragic End for Convict in $400,000 Undead Apes NFT Fraud In a shocking turn of events, 21-year-old Burman Jerry Nowlin, convicted in the $400,000 Undead Apes NFT fraud, took his own life just weeks before his scheduled sentencing on December 21, 2024. Alongside his co-conspirator Devin Alan Rhoden, Nowlin was found guilty of wire fraud […]
Read MoreAI-Powered VC Fund ai16z Hits $2B Market Cap After Andreessen’s Boost
AI-Powered VC Fund ai16z Reaches $2 Billion Market Cap Since its launch in October 2024, ai16z, a decentralized venture capital fund powered by AI agents, has seen its market cap surge to nearly $2 billion, up from an initial $100 million. This rapid growth was spurred by a shoutout from tech luminary Marc Andreessen, showcasing […]
Read MorePump.fun Rakes in $14M on Jan 2 Amid Meme Coin Frenzy and Regulatory Heat
Pump.fun Kicks Off 2024 with $14M Revenue Amid Continued Meme Coin Surge Imagine turning $857 into $2 million overnight. That’s the wild world of Pump.fun on Solana, where memecoins are creating millionaires and regulatory storms are brewing. As a Solana-based platform, Pump.fun has capitalized on the memecoin market surge, generating over $14 million in revenue […]
Read MorePump.fun’s $22M SOL Transfer to Kraken Sparks Solana Price Concerns
Pump.fun’s SOL Transfers to Kraken Stir Controversy: Is Solana’s Price at Risk? Pump.fun, a prominent Solana-based meme token launchpad, has recently transferred a hefty 120,000 SOL—worth over $22 million—to the cryptocurrency exchange Kraken. This move has ignited a firestorm of debate within the crypto community, raising concerns about its potential impact on Solana’s ecosystem and […]
Read MoreAI16Z Hits $2B Market Cap: First AI Token on Solana Surges 3x in 10 Days
AI16Z Soars to $2B Market Cap: The First AI Token on Solana Hits New Heights Can an AI token on Solana really reach a $2 billion market cap in just ten days? AI16Z has done just that, marking a significant milestone in the world of crypto. As enthusiasts and investors, it’s thrilling to witness such […]
Read MoreSolaxy Raises $8M in Presale to Tackle Solana’s 42% Transaction Failures
Solaxy’s $8M Presale Surge: A Beacon of Hope for Solana’s Scaling Challenges Solaxy (SOLX), a newcomer in the Layer-2 solutions space, has raised nearly $8 million in its presale, signaling strong investor confidence in its potential to address Solana’s scaling issues. As Solana grapples with network congestion, Solaxy’s innovative approach promises to enhance performance and […]
Read MoreSiqi Chen Apologizes for ZERO Token Losses, Pledges Repayment
MIRA Dad Siqi Chen Apologizes and Vows to Repay Losses from Rugged Test Token ZERO Imagine investing in a token that its creator explicitly warned would go to zero. That’s exactly what happened with the ZERO token on Solana. ZERO Token launched on Solana as an experiment. Despite warnings, saw 178% increase and $32M trading […]
Read MoreFartcoin’s Volatility: Millionaires Made, Meme Index Emerges
Fartcoin’s Wild Ride: Millionaires, Memes, and Market Madness Fartcoin, the Solana-based meme coin that’s been turning heads and wallets, has experienced a rollercoaster of volatility. Despite a 12.5% dip today, the coin has soared 22% in the past week and a whopping 183% over the past month, catapulting early investors into millionaire status. Fartcoin’s 12.5% […]
Read MoreGrayscale’s Q1 2025 Altcoin Picks: Hyperliquid, Ethena, and More Enter the Fray
Grayscale Unveils Top 20 Altcoin Picks for Q1 2025: A Closer Look at the New Entrants Grayscale Research has updated its top 20 altcoin list for the first quarter of 2025, introducing six new cryptocurrencies: Hyperliquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and Grass (GRASS). This reshuffling underscores the evolving landscape […]
Read MoreVolatility Shares Files for Solana Futures ETFs: A Leap Towards Mainstream Crypto Adoption
Volatility Shares Files for Solana Futures ETFs, Paving the Way for Mainstream Adoption Volatility Shares has filed for two Solana futures ETFs with the SEC, signaling potential increased mainstream adoption of Solana, while facing regulatory scrutiny and broader market implications. Volatility Shares files for Solana futures ETFs Potential for increased mainstream adoption Regulatory scrutiny and […]
Read MoreSolana Co-Founder Sued by Ex-Wife Over Alleged Staking Reward Theft
Solana Co-Founder Faces Lawsuit Over Alleged Staking Reward Misappropriation Stephen Akridge, a co-founder of Solana, is embroiled in a lawsuit with his ex-wife, Elisa Rossi, who accuses him of misappropriating her staking rewards. This case highlights the personal and financial complexities within the crypto world. Lawsuit filed by Elisa Rossi against Stephen Akridge Alleged misappropriation […]
Read MoreCybercriminal Swindles $500K via Meme Coin Scams by Hijacking 15+ X Accounts
A cunning cybercriminal has successfully stolen around $500,000 by compromising more than 15 X accounts through meme coin scams, as revealed by blockchain investigator ZachXBT. The scammer deployed phishing emails disguised as official messages from the X team, tricking victims into visiting bogus copyright infringement sites where their credentials were captured. This incident underscores the […]
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