Tagged: solana

March 9, 2023 @ 12:58 pm By Omar Faridi  |  

Following a $3.5 million seed round in November, Elusiv has developed rapidly to make privacy in Web 3 practical. Recently, the protocol launched on Solana Mainnet, bringing “a suite of zero-knowledge encryption features to the Solana ecosystem that overcomes a central Web3 pain point: Ensuring… Read More

January 29, 2023 @ 1:17 pm By Omar Faridi  |  

Marinade Finance, Solana’s No.1 protocol by total value locked (TVL), has announced a major drive “to increase staking of SOL on the blockchain as the protocol aims to increase Solana’s decentralization and grow liquidity throughout its decentralized finance (DeFi) ecosystem.” Launching February 1, Marinade’s Open… Read More

December 2, 2022 @ 7:30 pm By Omar Faridi  |  

FASTAF, which claims to be an ultrafast delivery startup supported by former NBA star Baron Davis, launches one of the “first” cryptocurrency-powered commerce platforms through partnerships with Stripe and Solana. As noted in the update shared with CI, FastAF says it is the “first” and… Read More

November 8, 2022 @ 10:03 pm By Omar Faridi  |  

Friktion, Solana’s portfolio management platform launched in December 2021, has successfully attracted crypto-native and traditional institutions “managing up to $60 billion in AUM who seek to access leading risk-adjusted and transparent yields on DeFi.” Friktion Institutional is “a new arm of the protocol aimed to… Read More

October 24, 2022 @ 8:31 am By Omar Faridi  |  

Ottr, a Web3 mobile app that makes holding crypto easier and more secure than ever, is pleased to announce it has “closed on a $3.1 million pre-seed funding round led by Race Capital with participation from Circle Ventures, Slow Ventures, and Kamal Ravikant.” Ottr will… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

October 9, 2022 @ 9:17 pm By Omar Faridi  |  

Orca, a Solana-based liquidity platform, has announced the launch of the Orca Climate Fund. The fund is “reflective of its mission to combat climate change and promote sustainable practices in crypto.” The Orca Climate Fund “evolved from Orca’s Impact Fund which was born in August… Read More

October 7, 2022 @ 5:29 pm By Omar Faridi  |  

Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, announced the launch of their open source and “decentralized” indexing solution for the Solana ecosystem, in order “to accelerate the development of decentralized applications through accessible data queries and integrations.” As the… Read More

October 3, 2022 @ 9:53 pm By Omar Faridi  |  

With Solana’s repeated run-ins with bots and outages, it affects not just traders but projects “building on top of Solana,” according to an update shared with CI. Zebec claims it is “becoming the largest business-facing protocol on Solana, with over 200 Solana projects utilizing Zebec.”… Read More

September 13, 2022 @ 1:37 am By Omar Faridi  |  

Hubble Protocol, the home of the USDH stablecoin, recently announced the completion of a $5 million round led by Multicoin Capital, “bringing the project’s total financing to date to $15 million.” Multicoin Capital reportedly “joins previous investors DeFiance Capital, Delphi Digital, Digital Currency Group, Crypto.com… Read More

September 2, 2022 @ 8:24 am By Omar Faridi  |  

Coinbase Cloud’s Solana Archival Nodes are able to “examine historical address balances, run complex queries, and simulate the blockchain state at any given point in the chain’s history.” Coinbase Cloud previously “launched secure, dedicated Solana infrastructure nodes via Query & Transact, allowing builders to access… Read More

August 29, 2022 @ 8:30 am By Omar Faridi  |  

SolanaFM, a Solana blockchain explorer offering indexing and analytical services, recently announced that it has “secured $4.5 million in a seed funding round led by SBI Group’s Digital Asset Opportunity Fund.” The seed funding round that was led by SBI Group’s Digital Asset Opportunity Fund… Read More

August 22, 2022 @ 8:48 am By Omar Faridi  |  

Copper.co, the provider of digital asset custody, prime services and trading infrastructure to institutions, is reportedly becoming the first digital assets custodian “to support decentralized finance (DeFi) connectivity with Solana, the high-performance public blockchain ecosystem.” The integration with Solana “provides Copper’s customers with the unique… Read More

August 15, 2022 @ 11:16 pm By Omar Faridi  |  

The Solana Foundation recently published the Validator Health Report (on August 10, 2022). Solana is a public, open-source blockchain that “anyone in the world can build on.” Their mandate at the Solana Foundation is “to support the decentralization, security, resilience, and adoption of the Solana… Read More

August 7, 2022 @ 9:08 pm By Omar Faridi  |  

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

August 1, 2022 @ 4:38 pm By Omar Faridi  |  

Solana Spaces recently announced the opening of the “first” permanent physical retail, educational, and community space dedicated to Web3 at The Shops at Hudson Yards on Level 2, in Manhattan, New York. Solana Spaces was “founded in 2022 and is based in San Francisco.” Spaces,… Read More

July 24, 2022 @ 2:48 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

July 16, 2022 @ 4:31 pm By Omar Faridi  |  

Rarible.com, which claims to be the leading multi-chain non-fungible token (NFT) marketplace, announced its integration with the Metaplex Protocol, a protocol built on Solana for NFTs, “to enable support for the Proof-of-History (PoH) and popular NFT-favorite blockchain, Solana.” The integration “enables Rarible.com users to explore… Read More

July 5, 2022 @ 7:28 pm By Omar Faridi  |  

This summer, Gemini is making it easier for users to participate in the Solana ecosystem with Gemini’s Solana Summer fee promotion. Starting on July 1, 2022, the digital asset firm is “offering free USD trades to ActiveTrader and API (FIX and REST) users on the… Read More

July 2, 2022 @ 7:46 am By Omar Faridi  |  

Aver, a Web3 betting and prediction exchange, recently launched its public beta on Solana. The public launch follows the project’s $7.5 million seed round earlier this year and “a successful closed-beta period in June.” The project is backed by “heavyweights” in the sports betting and… Read More