Latest News and Articles about Solana
LIBRA Scandal Fallout: Kelsier Ventures’ Bold Nigerian Expansion on Solana
LIBRA Scandal Brings Nigerian Meme Coin Plans to Light Kelsier Ventures, the company behind the LIBRA meme coin scandal that resulted in a staggering $4 billion loss, is now setting its sights on Nigeria. Despite the controversy, they plan to launch a similar project on the Solana blockchain. However, Nigeria’s stringent regulatory environment poses significant […]
Read MoreFreya by Virtuals Migrates to Solana for Speed and Efficiency
Freya by Virtuals Set to Migrate to Solana for Enhanced Efficiency Freya by Virtuals (FREYA), the in-game utility token for STARFALL CHRONICLES, is set to migrate from the Base blockchain to Solana, aiming to leverage faster transactions and lower gas fees. Migrating from Base to Solana for speed and efficiency 1:1 token swap over 10 […]
Read MoreFTX’s Final 11.2M SOL Release: Analyzing Impacts on Solana Price and Market Stability
FTX’s Final 11.2M SOL Release: Impacts on Solana Price and Crypto Market Volatility On March 1, the crypto community awaits the final unlock of 11.2 million Solana (SOL) tokens from FTX’s liquidation vault. Valued at around $2.06 billion, this release could have significant effects on Solana’s price and the broader market. Here are the key […]
Read MorePump.fun: Solana’s Notorious Memecoin Launchpad Banned in UK Amid Controversies
Explained: Why is Pump.fun Called the Most Controversial Memecoin Launchpad? Pump.fun, a Solana-based memecoin launchpad that debuted on January 19, 2024, has earned its notorious reputation through a series of shocking and unethical activities. From market manipulation and rug pulls to offensive live streams featuring dangerous stunts, the platform has faced significant legal and regulatory […]
Read MoreArgentina’s President Milei Faces Impeachment After $LIBRA Crypto Crash
Argentina’s President Javier Milei Faces Impeachment Over $LIBRA Cryptocurrency Scandal Argentina’s President Javier Milei is embroiled in controversy and faces potential impeachment after endorsing the $LIBRA cryptocurrency on social media, which subsequently crashed, causing significant investor losses. Milei endorsed $LIBRA, causing its value to surge. $LIBRA crashed, hinting at a possible “rug pull” scam. Impeachment […]
Read MoreHelius Labs CEO Defends Solana After Libra Token Crash: Envy and Scams Industry-Wide
Helius Labs CEO Mert Mumtaz Defends Solana Amid Libra Token Crash Fallout The dramatic collapse of the Libra meme token on the Solana blockchain has fueled intense debate and accusations of scams. Helius Labs CEO Mert Mumtaz has fiercely defended Solana, arguing that the criticism it faces often stems from envy and that speculation and […]
Read MoreSafeMoon Shifts to Solana Memecoin Amid Legal Battles and Token Burn
SafeMoon’s Bold Transformation: From Legal Woes to a Memecoin on Solana SafeMoon, once a high-flying cryptocurrency, is now embarking on a daring pivot to become a memecoin on the Solana blockchain. This move, aimed at empowering its community and decentralizing the project, comes after a tumultuous period marked by legal challenges and a significant token […]
Read MorePhantom Wallet Users Beware: Phishing Scam Surge Amid $150M Funding and Soaring Popularity
Phantom Wallet Users Targeted by Phishing Scam Amid Rising Popularity Phantom Wallet, a popular platform on the Solana blockchain, is facing a wave of phishing scams as its user base grows. These scams are cleverly designed to steal users’ funds by exploiting the trust in regular software updates. Phishing scam targets Phantom Wallet users Phantom […]
Read MoreDave Portnoy’s $68K Meme Coin Profit: Solana Wallet Revealed Boosts MONTOYA
Dave Portnoy’s Meme Coin Frenzy: $68K in Profits and a Publicly Revealed Wallet Dave Portnoy, the audacious founder of Barstool Sports, has once again made waves in the cryptocurrency world, this time pocketing approximately $68,000 from trading Solana-based meme coins MONTOYA and MVP. Known as ‘Davey Day Trader’, Portnoy took transparency to a new level […]
Read MoreMelea’s 2.6M SOL Staking Scandal: 0% MEV Promise Turns 100%
Melea’s Misleading Practices Shake Solana Staking Community Melea, a prominent validator with 2.6 million SOL staked, faces accusations of misleading stakers by falsely advertising a 0% MEV commission rate, which was later increased to 100%. This deception has sparked outrage in the Solana community and led to calls for stricter regulations. 2.6m SOL staked with […]
Read MoreSolana Co-Founder Predicts Bitcoin’s Shift to Hybrid PoS Model
Is Bitcoin on the Brink of a Revolutionary Change? Solana Co-Founder Thinks So Solana co-founder Anatoly Yakovenko has made waves with his bold claim that Bitcoin is on the verge of adopting a hybrid proof-of-stake (PoS) model. This comes as Bitcoin’s security faces scrutiny amidst declining transaction fees. Yakovenko suggests that custodians and centralized exchanges […]
Read MoreSolana Surges Past Ethereum in DEX Activity with Low Fees and Meme Token Craze
Solana Challenges Ethereum’s DEX Dominance with Surge in Token Launches and Meme Trading Solana is making waves in the cryptocurrency market, pulling significant decentralized exchange (DEX) activity away from Ethereum. This shift is driven by Solana’s lower fees and faster transaction times, particularly attracting traders focused on meme tokens and small-scale bets. Ethereum, once the […]
Read MoreJustin Bons Slams Ethereum’s Governance, Praises Solana’s Edge
Outspoken Crypto Critic Slams Ethereum’s Leadership as Dictatorial, Says Solana is Eating Its Lunch Justin Bons, the founder and CIO of Cyber Capital, has unleashed a sharp critique on Ethereum’s governance, labeling it as dictatorial and claiming it’s steering the blockchain towards decline. Bons contends that Ethereum’s top-down management by developers, who he believes are […]
Read MoreCircle Mints 250M USDC on Solana, Aims for 6B by 2025 Amid Regulatory Scrutiny
Circle Boosts USDC Supply on Solana, Aims for 6 Billion by 2025 Circle has minted an additional 250 million USDC on the Solana blockchain, pushing the total supply towards a projected 6 billion by 2025. This expansion showcases the synergy between stablecoins and the fast, efficient Solana network, promising to bolster the platform’s DeFi ecosystem […]
Read MoreDogWifTools Hackers Steal $10M, Condemn Solana in Vigilante Justice
DogWifTools Hackers Steal $10 Million, Condemn Solana in Vigilante Justice In a twist of irony, hackers exploited a vulnerability in DogWifTools, a notorious suite of software used for memecoin scams, to steal around $10 million in cryptocurrency. This incident isn’t just about theft; it’s a story of vigilante justice against the backdrop of Solana’s ongoing […]
Read MoreSolana’s Teleport Ridesharing App Shuts Down: Decentralized Challenges in Focus
Solana’s Teleport Ridesharing App Ceases Operations Amid Market Hurdles Solana’s Teleport ridesharing app, which promised to revolutionize ridesharing through blockchain, has announced its closure. Launched in early 2022, the app faced low user adoption and fierce competition from established players. The shutdown emphasizes the challenges decentralized apps (dApps) confront in scaling and maintaining sustainability. Solana’s […]
Read MoreCoinbase Struggles: Outages, Freezes, and the Cost of Growth
We Need to Talk About Coinbase: The Giant’s Struggles With a total value of $75 billion, Coinbase stands tall as a leader in the North American crypto exchange landscape. Yet, its journey is marred by recurring operational challenges that raise questions about its infrastructure and commitment to the ethos of blockchain technology. Total value: $75 […]
Read MoreTuttle Capital Seeks Approval for 10 Leveraged Crypto ETFs Including XRP, Solana, and Trump Meme Tokens
Tuttle Capital Files for 10 Leveraged Crypto ETFs: XRP, Solana, and Trump Meme Tokens Included Tuttle Capital, a Delaware-based firm, has made waves in the crypto world by filing for ten 2x leveraged ETFs, targeting a diverse range of cryptocurrencies and memecoins, including XRP, Solana, and even the Official Trump and Melania Meme tokens. This […]
Read MoreScammers Deploy 6,800 Fake TRUMP Tokens Amid $11B Meme Coin Surge
Scammers Unleash 6,800 Fake Tokens Amid TRUMP Meme Coin Frenzy The launch of the Official Trump (TRUMP) meme coin in January triggered a massive wave of fraudulent activity in the crypto market, with scammers deploying over 6,800 fake tokens and 91 fake decentralized applications (dApps) to exploit the hype. TRUMP token hits $11 billion market […]
Read MoreCoinbase CEO Proposes “Block List” Model Amid 1M Weekly Token Surge
Brian Armstrong Proposes Overhaul of Coinbase Token Listing Amid Crypto Surge and Solana Challenges Coinbase CEO Brian Armstrong has announced a significant shift in the exchange’s token listing strategy, prompted by the creation of approximately one million new cryptocurrencies weekly. Armstrong’s proposal to move from an “allow list” to a “block list” model aims to […]
Read MoreCoinbase Defends Solana Against SEC, Pledges User Experience Enhancements
Coinbase Denies Hating Solana, Vows to Improve User Experience Coinbase has firmly refuted any claims of animosity towards Solana, vowing to enhance user experience amidst a backdrop of legal battles and operational challenges. Coinbase defends Solana against SEC Commitment to improving user experience Mixed reactions from crypto community Coinbase’s chief legal officer, Paul Grewal, has […]
Read MoreCircle Mints 2.5B USDC on Solana, Targets 50B by 2025 Amid Stablecoin Growth
Circle Expands USDC on Solana: Targets 50 Billion by 2025 Amid Stablecoin Surge In a strategic move that could redefine the stablecoin landscape, Circle has minted an additional 2.5 billion USDC on the Solana blockchain, setting its sights on a total of 50 billion USDC by 2025. This development not only showcases Solana’s increasing significance […]
Read MoreIvanka Trump Denounces $IVANKA Memecoin, Warns of Legal Action
Ivanka Trump Denounces $IVANKA Memecoin, Threatens Legal Action Ivanka Trump has publicly condemned the $IVANKA memecoin, warning of potential legal action against those behind the project for exploiting her name and likeness without permission. This follows the recent trend of memecoins associated with the Trump family, highlighting the broader implications of celebrity-endorsed digital assets in […]
Read MoreCelebrity Meme Coins Surge: Vine’s Rus Yusupov and John McAfee’s Legacy Fuel Crypto Craze
Celebrity Meme Coins: From Vine to McAfee, Nostalgia Meets Crypto Cash In the cryptocurrency market, celebrity-inspired meme coins are making waves, with Vine co-founder Rus Yusupov and the estate of the late John McAfee at the helm. Yusupov’s VINE token, launched on the Solana blockchain, initially surged to a market cap of $230 million before […]
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