Tagged: solana

September 6, 2021 @ 9:00 am By Omar Faridi  |  

Cyclos, a newly developed Solana-powered DeFi project, has secured $2.1 million in capital (combined from a private and a public round). The proceeds will be directed towards developing the “first” concentrated liquidity AMM  (automated market maker) on Solana, which will enable several features “never seen… Read More

September 2, 2021 @ 9:52 pm By Tony Zerucha  |  

Blockchain company dcSpark, which builds critical products and solutions on top of crypto projects, this week announced a sidechain project named Milkomeda. It is focused on helping non-Ethereum Virtual Machine cryptocurrencies gain wider adoption. Milkomeda said it addresses scaling issues seen in several new blockchains… Read More

August 27, 2021 @ 5:15 pm By Tony Zerucha  |  

Those buying on the dip weren’t enough to push Bitcoin back north of $50,000, GlobalBlock sales trader Jonas Luethy said in a research note this week. After briefly trading above $50,000 earlier this week, Luethy said Bitcoin has retraced downwards, breaking down from an ascending… Read More

August 6, 2021 @ 5:32 pm By Tony Zerucha  |  

Phantom, a multi-chain crypto wallet and browser extension for managing digital assets and accessing Web3 dApps, now offers staking for Solana’s native token, SOL. SOL holders can stake with all available Solana validators directly through the Phantom wallet interface. On Solana’s proof-of-stake network, validators are… Read More

July 25, 2021 @ 7:58 pm By Omar Faridi  |  

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one the industry’s most-respected post-trade providers, is reporting a “solid” set of results for the first half of 2021. The SIX Swiss Exchange, based in Zurich and serving as Switzerland’s principal stock exchange,… Read More

July 21, 2021 @ 4:18 pm By Tony Zerucha  |  

Ripple better up its game if it wants to stay top of mind when it comes to settlement systems, the CEO of tokenization platform STASIS warns. STASIS is a tokenization platform, including smart contract creation, that claims deep expertise in the current regulatory environment. It… Read More

July 18, 2021 @ 4:04 pm By Omar Faridi  |  

Digital assets firm CoinList says it’s pleased to confirm that the Qredo Token Sale on their platform has added over 30,000 new token holders to the Qredo community, with over $16 million in QRDO tokens bought during the course of the sale. The event drew… Read More

July 16, 2021 @ 5:20 pm By Omar Faridi  |  

SCB 10X, the venture division of Thailand’s Siam Commercial Bank or SCB (BKK: SCB), has confirmed its most-recent investment into the decentralized finance (DeFi) space through asset aggregator and portfolio dashboard provider, Ape Board. The firm, which currently has over 350,000 users, acquired within 4… Read More

July 4, 2021 @ 4:02 pm By Omar Faridi  |  

Following digital asset firm Kraken’s listing of Solana (SOL) on June 17, 2021 for most jurisdictions, the company is pleased to confirm that Solana trading and staking will be available to US, Canada and Australia residents as well. As mentioned in an update from Kraken:… Read More

June 24, 2021 @ 10:11 am By JD Alois  |  

Digital Assets AG, a Swiss-based blockchain firm supporting the issuance of tokenized financial instruments, says its tokenized stock infrastructure will move to the Solana blockchain. Simultaneously, the company said it will launch the first free-floating security tokens allowing the compliant transfer of tokenized stocks on… Read More

June 20, 2021 @ 5:51 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to confirm that they’re listing Solana (SOL) and Serum (SRM) along with staking support for Solana (SOL) “with up to 6.5% in yearly rewards.” As noted in the announcement from Kraken, deposits and withdrawals for SOL, SRM tokens are… Read More

June 8, 2021 @ 2:07 pm By Omar Faridi  |  

Digital asset firm Bitfinex, which offers a crypto-asset trading platform, recently added Solana (SOL) as collateral on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal. Bitfinex clients will now be able to acquire loans of as much as 70% of the value of their… Read More

June 3, 2021 @ 10:14 pm By Omar Faridi  |  

The Solverse Accelerator aims to unite leading blockchain mentors with talented entrepreneurs in order to develop “groundbreaking” Solana projects. Solana is a “high-performance” blockchain or distributed ledger tech (DLT) platform supporting builders across the globe that are creating crypto apps that “scale today.” As mentioned… Read More

March 21, 2021 @ 9:15 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

January 30, 2021 @ 2:58 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that its APIs now support ACH payments and payouts. Circle explains that ACH support allows clients to provide “seamless” bank transfers to and from USDC, which is a major stablecoin (or digital asset pegged to the US dollar). Circle… Read More

September 22, 2020 @ 6:13 pm By Omar Faridi  |  

Sam Bankman-Fried, CEO at FTX, a cryptocurrency derivatives exchange and Alameda Research, has commented on some blockchain projects that he thinks are worth talking about and appear to be making some progress. While confirming that he’s not offering investment advice, Sam said that Solana (SOL)… Read More

March 26, 2020 @ 2:05 pm By Omar Faridi  |  

Solana, a high-throughput distributed ledger technology (DLT)-based platform that’s reportedly handling between 50,000-65,000 transactions per second, has secured $1.76 million in funding through its launch auction on CoinList, a compliant platform for crypto asset firms to conduct their token sales. Solana has now raised a… Read More