Solana News

FTX Unstakes Over $1 Billion Worth Of Solana Amid Bankruptcy Proceedings

FTX, the bankrupt cryptocurrency exchange, and its trading arm, Alameda Research, have unstaked over $1 billion worth of SOL tokens in recent months. This...

New Memecoin Craze Slows Down by 50%, Is It Quality Over Quantity Now?

The rapid surge of memecoins this year has started to show signs of cooling off, with the number of new launches halving in the...

Scammers Target Solana Users With New Token Burn Scam

A new scam is targeting Solana users, swiftly wiping out their crypto assets moments after purchase. The latest scheme uses a token extension feature...

Whale Activity Sparks Market Speculation As Solana Reaches Highest TVL In 2024

A significant movement in the Solana (SOL) ecosystem has captured the attention of crypto investors worldwide. Onlookers are keeping a close watch after Lookonchain,...

Solana ETF filings have disappeared from the Cboe website

Looks like the industry again has to wait for any status of the Solana exchange-traded fund (ETF) filings of VanEck and 21Shares. Why? Well,...

PayPal’s PYUSD On Solana Surpasses Ethereum Supply By $34M

PayPal’s U.S. dollar-pegged stablecoin, PYUSD, has experienced notable growth since its inception, with its supply on the Solana blockchain recently surpassing that on Ethereum...

Crypto Market Bearish Today, BTC, Ethereum & Solana Tumbles Down

The cryptocurrency market is undergoing a substantial downturn, raising concerns among investors worldwide. As of today, Bitcoin's (BTC) price has experienced a notable decline,...

Grayscale Research Expects Crypto Valuations To Rebound: Report

The cryptocurrency market and broader financial markets stabilized midweek following sharp declines from Friday, August 2, through Monday, August 5, according to a recent...

Brazilian Securities Regulator Approves First Solana Spot ETF, Price Surges

The Brazilian Securities and Exchange Commission (CVM) has approved the Solana-based exchange-traded fund (ETF), making it the first of its kind in Brazil and...

Solana’s Price Plummets More Than 19% Amid Broader Market Sell-Off

Solana (SOL) experienced a sharp decline, with its price dropping over 19% in just 24 hours to around $115.54, on August 02, marking its...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...