SEC Seeks Modification to Binance Lawsuit to Keep away from Ruling on SOL Safety Standing
The U.S. Securities and Change Fee (SEC) is making an attempt to amend its ongoing lawsuit towards Binance to keep away from a court docket ruling relating to the safety standing of third-party tokens like Solana. In a joint court docket submitting on July 29, the SEC sought depart to amend its authentic criticism towards […]
DeFi Applied sciences Expands Bitcoin Holdings, Provides Solana to Treasury
Canadian publicly-listed DeFi Applied sciences is increasing its cryptocurrency portfolio by including digital property corresponding to Bitcoin and Solana to its treasury, it mentioned in an announcement launched July 18. nft-cryptocurrency. Olivier Russey NewtonThe CEO of DeFi Applied sciences mentioned: “Rising our BTC holdings, strategic investments in SOL and CORE, and collaborating in CORE's staking […]
PayPal's PYUSD provide grows 90% on Solana growth, market cap hits $500M
PayPal's PYUSD stablecoin provide has grown by 90% since increasing onto the Solana blockchain in Could, giving it a market cap of over $500 million as of July 8. In keeping with information from DeFillama, the entire provide of PYUSD on Solana and Ethereum reached roughly $520 million on July 8. Solana drives development in […]
MultiCoin Capital will match as much as $1 million in SOL donations to Republican cryptocurrency PAC
MultiCoin Capital will match Solana (SOL) donations as much as $1 million over 10 days to the Sentinel Motion Fund, a political motion committee (PAC) that helps pro-crypto Republican senators. MultiCoin Capital managing associate Kyle Samani stated on July 5 that his agency's involvement will “double the affect” of the donation. Samani defined why the […]
VanEck's Matthew Siegel acknowledged that the Solana ETF is a wager on a Trump victory.
Matthew Siegel, head of digital asset analysis at VanEck, acknowledged hypothesis that the agency's Solana Spot ETF proposal is a wager on Donald Trump successful the US presidential election. VanEck's software deadline is about for March 2025, effectively past the aftermath of November's US presidential election. Siegel responded merely: “I can affirm that.” The analysts […]
21Shares turns into second main agency to file for spot Solana ETF this week
Asset supervisor 21Shares has filed for a spot Solana exchange-traded fund, the second such submitting by a serious agency this week. In response to an S-1 registration type filed with the U.S. Securities and Trade Fee (SEC), the proposed 21Shares Core Solana ETF is designed to trace the efficiency of Solana (SOL) by aggregating the […]
Faux Phantom Pockets Marketed on iOS AppStore Leaks Customers' Funds
Faux Phantom Pockets app discovered within the Apple Retailer is reportedly draining funds after recovering your account utilizing your non-public key. Phantom Pockets and Solana customers have been warned a couple of fraudulent app impersonating the real Phantom Pockets. Revealed by Meta Voxify and rated at a low one-star score, the pretend app seems as […]
Worldcoin's WorldID involves Solana by way of Wormhole grant
The Worldcoin Basis has introduced a $70,000 grant to Wormhole to assist WorldID verification on the Solana blockchain. In a June 27 assertion, WorldCoin stated the id integration effort will “present the Solana ecosystem with a much-needed device” to show humanity. The grant will award Wormhole 25,000 WLD. Elaborating additional on the grant, Wormhole stated […]
VanEck is making use of for a spot Solana ETF, however will it’s authorised?
VanEck has filed plans with the U.S. Securities and Alternate Fee to launch a spot-based Solana exchange-traded fund (ETF). If authorised, the VanEck Solana Belief would mirror the worth efficiency of the blockchain community's native SOL token, however the submitting states that the belief doesn’t plan to stake SOL tokens for staking rewards. Nonetheless, information […]
Pantera believes Solana will dominate the blockchain house, evaluating its rise to Apple’s rise with macOS.
A latest report by Pantera Capital highlighted the potential for Solana (SOL) to turn into a serious participant within the blockchain ecosystem, declaring the similarities between its monolithic structure and Apple’s macOS. Written by basic associate Franklin Bee, portfolio supervisor Cosmo Jiang and funding analyst Eric Wallach, the report particulars Solana's rising affect and what […]