VanEck maintains Solana ETF “stays viable” regardless of regulatory uncertainty
Matthew Siegel, head of digital property analysis at VanEck, mentioned the agency's Solana spot exchange-traded fund (ETF) software stays legitimate regardless of the elimination of the 19b-4 kind from the Chicago Board Choices Change (CBOE) web site. Over the weekend, the crypto group observed that VanEck and 21Shares' 19b-4 filings (paperwork filed by exchanges on […]
How Merchants Earn Over $60,000 a Week by Shopping for and Promoting 98% of Meme Cash on PumpFun
Ragging is a time period used to explain misleading and fraudulent cryptocurrency practices which might be rampant in some sectors of the crypto trade, with some people, akin to self-proclaimed meme coin ragger “Phantom,” exploiting vulnerabilities to make massive income. Nameless crypto dealer Phantom revealed how he leveraged Pump.Enjoyable's meme coin market to amass big […]
Drift's BET Platform Brings Prediction Markets to the Solana Blockchain
DeFi protocol Drift has launched a prediction market known as BET on the Solana blockchain, in response to an Aug. 19 assertion. Cindy Leow, co-founder of Drift Protocol, likened BET’s prediction markets to perpetual buying and selling. She defined that simply as perpetual merchants wager on the potential value fluctuations of cryptocurrencies, prediction markets permit […]
Bitwise AUM exceeds $4.5 billion, expands to Europe with acquisition of ETC Group
Bitwise Asset Administration has introduced the acquisition of ETC Group, the London-based digital asset administration agency identified for growing BTCE, Europe's largest bodily Bitcoin ETP. The strategic transfer will increase Bitwise's belongings beneath administration (AUM) to over $4.5 billion and strengthens its capacity to supply institutional-grade merchandise to European traders. The acquisition consists of Europe's […]
Phantom Pockets Fixes Stability Show Bug Following Consumer Issues
Phantom, the main cryptocurrency pockets supplier within the Solana ecosystem, not too long ago addressed a bug affecting the visibility of account balances. On August 15, a number of customers reported points with the appliance, together with lacking and incorrect token balances, elevating considerations a few doable hacking incident. One person wrote: “I switched to […]
Solana-powered AI challenge Avatar One surpasses 120,000 lively customers
Since its launch earlier this 12 months, Solana-based Avatar.One has achieved over 120,000 month-to-month lively customers worldwide. The platform permits customers to create their personalised 3D synthetic intelligence (AI) companions and has over 100,000 Solana wallets linked. Customers can outline their AI companion's persona from lots of of hundreds of variations, give them an AI-generated […]
V2 of the Ore Protocol accounts for 14% of Solana community transactions
Ore, a Bitcoin-like mining protocol on the Solana blockchain, accounts for roughly 14% of the community's complete transactions, in line with knowledge from High Ledger. Since releasing its up to date model 2 (V2) on August 6, Ore has seen a big improve in mining exercise, mirroring the tendencies noticed throughout the preliminary launch in […]
Ethena Labs Extends Artificial Greenback USDe to Solana, Plans to Help SOL
In response to an Aug. 7 assertion, Ethena Labs revealed its intentions to increase the “artificial greenback” USDe to the Solana blockchain and add the SOL token as a backing asset for a stablecoin. The combination between USDe and Solana was made doable by way of LayerZero’s Omnichannel Fungible Token (OFT). Ethena Labs famous that […]
LiFi Integrates with Solana to Improve Cross-Chain Interplay for dApps
DeFi protocol Li.Fi has introduced its growth into the Solana ecosystem, aiming to enhance consumer expertise throughout decentralized purposes (dApps) by facilitating cross-chain interactions, in keeping with a press release revealed Aug. 7. nft-cryptocurrency. Philip Zentner, CEO and founding father of Li.Fi, highlighted the significance of the growth, noting that it’s going to allow the […]
Solana DEX Quantity Outperforms Ethereum in July Amid Wash Buying and selling Issues
The Solana community surpassed Ethereum in month-to-month decentralized change (DEX) buying and selling quantity in July, in accordance with information from DefiLlama. Solana's DEX buying and selling quantity reached $55.8 billion, surpassing Ethereum's $53.8 billion for a similar interval. That is Solana's second highest month-to-month buying and selling quantity after its peak of $60.7 billion […]