Tagged: solana

September 16, 2024 @ 10:23 pm By Tony Zerucha  |  

Fintech Huma, a self-described PayFi network, has raised $38 million in funding. Distributed Global led the equity round, with participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiey. Part of this… Read More

September 15, 2024 @ 7:25 pm By Omar Faridi  |  

Wormhole brings World ID to Solana as new World ID integrations take off globally. Interoperability platform Wormhole, a recipient of the Worldcoin Community Grants Wave, has successfully “completed its efforts to bring World ID to Solana, enabling builders on the layer 1 blockchain to join… Read More

September 11, 2024 @ 2:27 pm By Omar Faridi  |  

We recently connected with Tristan Frizza, Founder of Zeta Markets. Notably, Solana recently hit $1.811 billion in DEX trading volume, capturing almost 10% of the market, as reported by Zeta Markets. This surge, fueled by Solana’s fast transaction speeds and low fees, has also led… Read More

September 9, 2024 @ 7:22 pm By Omar Faridi  |  

The landscape of Layer–1 blockchains has evolved significantly in recent years. Networks like Bitcoin, Ethereum and Solana form the backbone of the cryptocurrency ecosystem, each offering unique approaches to scalability, security, and decentralization. This, according to a report from Coin Metrics. Coin Metrics pointed out… Read More

August 22, 2024 @ 10:32 am By JD Alois  |  

The Brazilian Securities and Exchange Commission (CVM) has now approved two Solana-based ETFs (SOL). The first was approved earlier this month, offered by a Brazilian asset manager QR Asset, according to reports. The second was approved this past week. Solana joins a global movement of… Read More

August 15, 2024 @ 6:15 am By Omar Faridi  |  

Bitcoin Suisse, a firm focused on enabling Swiss crypto investments and a trusted gateway for digital assets, has announced the integration of Solana (SOL) into its custodial staking services. This addition enhances Bitcoin Suisse‘s existing Solana offerings, which “include trading and custody, creating a comprehensive… Read More

August 13, 2024 @ 10:08 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with “improved network bandwidth while securing the L1 at the same time.” Built natively on Solana, Solayer… Read More

August 7, 2024 @ 10:11 pm By Omar Faridi  |  

Anchorage Digital Bank N.A., the only federally chartered crypto bank, is announcing expanded support for the Solana ecosystem. In addition to native SOL, institutions can now “custody SPL tokens from the safety and security of Anchorage Digital Bank.” The SPL token standard governs how tokens… Read More

August 3, 2024 @ 5:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha and risk manager Sergei Gorev were asked about recent movements in the cryptocurrency world, including Circle’s IPO and Solana price movements. YouHodler is a firm that offers a wide range of Web3 Fintech services to ensure a seamless connection… Read More

July 30, 2024 @ 4:05 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) may be withdrawing its charges against third-party crypto tokens like Solana’s SOL as well as Polygon’s MATIC. These digital tokens have been part of the regulator’s lengthy case against crypto exchange Binance, Breaking: #Solana $SOL is no longer… Read More

June 27, 2024 @ 3:19 pm By Omar Faridi  |  

Bitcoin ETF issuer VanEck has reportedly filed an application for a Solana ETF in the United States. As noted by VanEck’s head of digital assets research, it is the first firm in the US to file for a Solana ETF. VanEck, which is notably one… Read More

June 16, 2024 @ 11:50 pm By Omar Faridi  |  

Circle is pleased to announce the expansion of their Web3 Services to support the Solana blockchain. This is a key milestone as they aim to “build a comprehensive and robust platform that empowers businesses and developers to build and launch on-chain apps.” Starting with Programmable… Read More

May 30, 2024 @ 8:26 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal’s stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users “with the choice of multiple blockchains allowing for increased flexibility and control.”… Read More

May 15, 2024 @ 8:10 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD), which recently received a Wells Notice from the SEC, has announced a series of new features offered by Robinhood Crypto specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These… Read More

May 2, 2024 @ 3:42 pm By Omar Faridi  |  

The team at CoinGecko has examined the market share of blockchains in terms of their trading volume in a new report. CoinGecko has shared insights on which blockchain has the most trading volume in an extensive research study. As stated in the research report, Ethereum… Read More

April 18, 2024 @ 8:32 am By Omar Faridi  |  

Since 2020, median home prices have risen by 16%, while the median household income has increased by ~1% – from $76,660 in 2020 to $77,283 in 2024. For a median-priced home worth $417,700, a 15% down payment would cost $62,655. Anthony Scaramucci & SkyBridge have… Read More

March 25, 2024 @ 8:48 am By Omar Faridi  |  

The Solana ecosystem has emerged as the most popular blockchain ecosystem so far this year, accounting for 49.3% of global crypto investor interest in chain-specific narratives, according to an update from CoinGecko. The CoinGecko report noted that the Solana ecosystem’s dominant mindshare “has been fueled… Read More

March 22, 2024 @ 3:12 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Netcoins will be expanding its staking services in Canada “with the launch of Solana and ATOM on… Read More

February 27, 2024 @ 8:15 am By Tony Zerucha  |  

Helius, a vertically integrated developer platform that helps crypto applications build on Solana, announced the close of its $9.5M Series A round this week. The round was led by Foundation Capital, with participation from Reciprocal Ventures, 6th Man Ventures, Chapter One, Propel, Balaji Srinivasan, Anatoly… Read More

February 19, 2024 @ 5:42 pm By Omar Faridi  |  

Solana‘s recently announced integration with Filecoin is described as a significant move away from centralized storage solutions and a key step towards enhancing the reliability and scalability of the Solana blockchain. Solana developers explain that they are utilizing Filecoin to “make its block history more… Read More