Latest News and Articles about Solana
CME Denies Solana and XRP Futures Launch Despite Leak, Stirring Crypto Market Speculation
CME Clarifies No Official Plans for Solana and XRP Futures After Leak, Impact on Crypto Market A leaked page from the Chicago Mercantile Exchange (CME) sent shockwaves through the crypto community, hinting at the potential launch of Solana (SOL) and Ripple (XRP) futures contracts as soon as February 10. However, a CME spokesperson quickly doused […]
Read MoreTRUMP Memecoin Frenzy Causes Solana Network Congestion, Sparks Coinbase Clash
Coinbase and Solana Execs Clash Over Network Downtimes from TRUMP Memecoin Frenzy The launch of TRUMP and MELANIA memecoins on the Solana network over inauguration weekend led to significant network congestion and a public dispute between executives at Coinbase and Solana. This event not only tested Solana’s infrastructure but also spotlighted the competitive dynamics within […]
Read MoreSolana Memecoin Frenzy Overwhelms Coinbase: Armstrong’s Scaling Promise
Memecoin Mania on Solana Overwhelms Coinbase: Brian Armstrong Responds The memecoin surge on the Solana blockchain has led to significant delays at Coinbase, pushing the exchange to its limits. CEO Brian Armstrong has openly acknowledged the situation and outlined efforts to scale the platform’s systems. This surge has seen Solana outpacing Ethereum in trading volume […]
Read MoreSolana’s Core Developer Launches Unto Labs, Aims for New High-Performance L1 Blockchain
Solana’s Core Developer Strikes Out on His Own: The Birth of Unto Labs Cantelopepeel, a core developer of Solana, has left to start Unto Labs and develop a new high-performance L1 blockchain. Solana’s Firedancer upgrade, expected to enhance network performance, faces challenges like network congestion. Meanwhile, Ethereum developer Eric Conner’s departure signals a broader trend […]
Read MoreCuba’s Crypto Chaos: Three Memecoins Launched and Rugged in 24 Hours
Cuba’s Memecoin Mayhem: Three Launches and Rug Pulls in 24 Hours In a shocking 24-hour span, Cuba launched three memecoins and saw them all vanish in rug pulls, leaving investors stunned. This whirlwind of crypto chaos not only showcases the volatile nature of memecoins but also raises questions about the security and regulation of cryptocurrency […]
Read MoreTrump Family’s TRUMP and MELANIA Tokens Cause Crypto Market Chaos
Trump Family’s Dual Coin Launch Sparks Controversy and Market Frenzy The Trump family’s recent foray into the world of cryptocurrency with the launch of TRUMP and MELANIA tokens on the Solana blockchain has sent shockwaves through the crypto community. These meme coins, riding the wave of political intrigue and market excitement, have not only stirred […]
Read MoreDonald Trump Shocks Crypto World with Solana Memecoin Launch Before Inauguration
Donald Trump Launches Solana Memecoin Before Inauguration: A Shocking Move in the Crypto World In a move that stunned the crypto community, Donald Trump has launched a Solana-based memecoin just two days before his inauguration. This unprecedented step into the world of cryptocurrencies has sparked widespread confusion and debate. Donald Trump launches a Solana memecoin. […]
Read MoreMerit Systems Raises $10M to Transform Open-Source Funding on Solana
Merit Systems Secures $10 Million to Revolutionize Open-Source Economy on Solana Can blockchain technology change the way we fund and maintain open-source software? Merit Systems aims to find out, having recently secured $10 million in funding to advance the open-source economy infrastructure on the Solana blockchain. This significant investment, led by Polychain Capital and Coinbase […]
Read MoreSolana Proposes New Strategies to Combat Inflation and Enhance Security
Solana’s New Proposals Aim to Tackle Inflation and Boost Network Security Solana is taking significant steps to refine its ecosystem with proposals designed to manage inflation and enhance network security. These changes could impact your SOL holdings and the broader Solana community. SIMD-0228 adjusts token issuance based on staking rates. SIMD-0096 redirects priority fees to […]
Read MorePhantom Wallet Raises $150M to Boost Solana DeFi: Sequoia and a16z Lead
Phantom Wallet Secures $150 Million to Strengthen Its Position in the Solana Ecosystem Phantom Wallet, a leading cryptocurrency wallet focused on the Solana blockchain, has raised $150 million in a significant funding round led by Sequoia Capital and Andreessen Horowitz. This investment aims to enhance the wallet’s features and expand its user base amidst the […]
Read MoreCoinmarketcap’s Fake Hack: A Lesson in Crypto Security Awareness
Coinmarketcap’s Clever Ruse: A Fake Hack to Sharpen Crypto Security Awareness Imagine this: you’re scrolling through your social media feed and spot a token contract address from Coinmarketcap. Panic sets in—could this be another hack? But wait, it’s all part of a masterclass in security awareness. Coinmarketcap posted a fake token address on its X […]
Read MoreSolana Dominates AI Agent Space, But Bitcoin and Ethereum Still Play Key Roles
Solana Emerges as the Go-To Blockchain for AI Agents, Franklin Templeton Report Reveals According to a recent Franklin Templeton report, Solana is the preferred blockchain for 70% of AI-powered virtual assistants, highlighting its scalability and cost efficiency as key drivers for AI innovation. Solana favored by 70% of AI agents for its scalability and low […]
Read MoreCoinbase Lists Viral Meme Coin PNUT on Solana: Risks and Rewards
Coinbase Lists Peanut the Squirrel (PNUT) Meme Coin on Solana Blockchain – What You Need to Know From viral sensation to a cautionary tale, Peanut the Squirrel (PNUT) is the latest meme coin to hit Coinbase’s trading platform. This move underscores Coinbase’s embrace of the quirky side of crypto, while also spotlighting the volatile nature […]
Read MoreStellar, Solana, and Ethereum: Facing Bearish Trends Amid Market Volatility
Stellar, Solana, and Ethereum: Navigating the Precarious Waters of Crypto The crypto market is in a turbulent phase, with major cryptocurrencies like Stellar (XLM), Solana (SOL), and Ethereum (ETH) showing signs of potential downturns. As enthusiasts and investors navigate this volatile landscape, understanding technical indicators and on-chain metrics is essential for making informed decisions. Stellar […]
Read MoreMango Markets Closes After $117M Hack, Sets January 2025 Exit Deadline
Mango Markets Shuts Down After $117M Hack, Users Given January Deadline to Exit Mango Markets, a notable DeFi platform operating on the Solana blockchain, has announced its closure following a devastating $117 million hack in October 2022. The platform’s governance voted unanimously to shut down, setting a final user exit date of January 13, 2025, […]
Read MoreLitecoin X Account Hacked: Fake Solana Token Promoted, Team Swiftly Regains Control
Litecoin’s X Account Hacked to Promote Fake Solana-Based Token, Team Regains Control On January 11, Litecoin’s official X account was compromised to promote a fake token scam, claiming a new Litecoin token on the Solana network. The incident, part of a worrying trend of social media hacks in the crypto industry, was swiftly addressed by […]
Read MorePump.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 […]
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