The Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.” The individual exploited a vulnerability in the platform allowing him to profit to the detriment of Mango Markets and its users. In October 2022, the trading platform Mango Markets reported an anomaly...
Solana (SOL), Serum (SRM), and the FTX Token (FTT) have been at the forefront of the crypto rally. Despite all of these coins being linked to the FTX crypto exchange and suffering dearly for it when the company filed for bankruptcy, they have been able to stage a massive reversal. These three coins feature at the top of cryptocurrencies with the most market...
Solana (SOL) investors are now doom scrolling as 2022 has basically been a mess because of the fall of the crypto exchange FTX and outages on the blockchain. SOL price predictions are incredibly lower, setting traders for massive declines. Accordingly, The Hideaways (HDWY) could be the saving hero of disappointed Solana holders.
Litecoin's continued strength in recent days has seen the coin become the 15th largest crypto by market cap, unseating Solana from the spot. Litecoin Observes Strong Week, Gains Over 9% During The Period The last couple of weeks have been terrible for most of the crypto market, as the crash triggered by FTX's collapse has resulted in double digital losses for much of...
The Solana ecosystem continues to take the hardest of hits following the implosion of FTX which used to be one of the world’s largest cryptocurrency exchange platforms. Its native token, SOL, gravely suffers as the altcoin has already lost 62% of its value over the last two weeks. According to tracking from...
In the early days of Solana, it was dubbed "Ethereum Killer." Fast forward to today, and a lot of things have changed. But the battle for...
Solana (SOL) Foundation revealed that it held roughly $1 million worth of cash or its equivalent -less than 1% of its assets- on bankrupt crypto exchange FTX as of Nov. 6, according to a Nov. 14 blog post. According to the Foundation, it also had 3.43 million FTX tokens (FTT) and 134.54...
Investors un-staked a record amount of SOL when they got their tokens back from the blockchain's security system. It could have been much more, though. The price of SOL went up by 18%. A record number of SOL tokens from the Solana blockchain were released from the blockchain's security system on Thursday. This happened a […] The post...
Major cryptocurrencies are down with some depreciating in value more than 10% in the past 24 hours. Just days earlier, Binance CEO Changpeng Zhao announced that FTX asked for help in dealing with the ongoing liquidity problem in the troubled exchange. This prompted a strong bearish response from the crypto market. Almost immediately after Binance revealed that they might buy the Sam Bankman-Fried...
One altcoin that has been affected a lot following the FTX and Alameda collapse is Solana (SOL)....
Solana is one of several Layer 1 networks to have suffered in the enduring crypto winter. But clearer skies may be ahead, Chris Williams writes. Solana Makes a Splash at...
Solana (SOL) has painted its short-term price gauges in green after it responded positively to a recent development that involved its blockchain network and Google Cloud. After the cloud service provider announced it will now serve as validator for the Solana network, SOL initiated a rally that pumped its price by 15%, enabling it to briefly reach the $40 marker. At press time,...
Google Cloud has announced a ground-breaking partnership with Solana. One of the world's largest cloud service providers will become an integral part of the Solana network and bring Solana into its wide array of products and services. The company said that it will be running a block-producing Solana validator that will enable it to participate in and validate the Solana network....
Social media giant Meta announced today a number of non-fungible token (NFT) focused updates for its photo and video-sharing platform Instagram.
Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2....
Ethereum and Solana, since the last crypto winter, competed for the top spot, with both blockchain networks going head-to-head to win more audience, investors, traders, and community members.
Aptos (APT) had been off to a turbulent start last week after launching to much uncertainty in the crypto market. However, the project looks to have found its footing in about a week. Interest in the blockchain has skyrocketed, so the development of various projects has followed. So far, Aptos has taken the fight to Solana and has begun to dominate in the...
FTX founder Sam Bankman-Fried has hinted that the exchange could soon be listing Cardano's ADA for spot trading in an Oct. 23 tweet. definitely not the case! we have https://t.co/mST1XOz1mv listed internationally; adding spot ADA too is on our roadmap...
Solana has already cemented its reputation as one of the largest competitors of Ethereum which had earned it the nickname of ‘Ethereum Killer’. The community has run with this narrative and it has led to a fierce rivalry between the communities behind both networks. However, Solana founder Anatoly Yakovenko has actually come forward to debunk this belief and has presented a new one...
Since the beginning of 2022, the crypto market has descended further into the bear market. The current bitcoin cycle low was hit back in June 2022, and its price is only about 11% up from that point. Through the bear market, there have been some cryptocurrencies that have held up better than the others. This report takes a look at the top 10...
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