Vitalik Buterin has raised concerns about profit-driven models, such as those seen with protocols on the Solana blcockhain, cautioning that they could undermine Ethereum’s core principles. In a January 23 blog post, the Ethereum co-founder emphasized the importance of maintaining decentralization and a strong social foundation, contrasting Ethereum's vision with ...
The Chicago Mercantile Exchange (CME), a leading global derivatives platform, may be considering the launch of futures contracts for Solana (SOL) and Ripple's XRP. This speculation arose from a leaked beta webpage outlining the proposed contracts' specifications, which was swiftly taken down after publication. Fox Business journalist Eleanor Terrett reported ...
Coinbase CEO Brian Armstrong has apologised to users over the widespread delays and cancellations of Solana-related transactions caused by infrastructure issues on the platform. The technical problems emerged during a surge in Solana activity, leaving many users frustrated with disrupted transactions. In a statement posted on X on January 22, ...
Memecoins have attracted substantial interest because of their high-risk and high-reward nature. Dogecoin and Shiba Inu have established themselves as trendsetters. Now, Pump.Fun, is taking the trend to a new level on the Solana blockchain with a unique proposition to the table–allowing users to create and trade their own tokens ...
On December 24, KickStreaming, an online streaming platform, reportedly suffered a cybersecurity breach as its official X account was hacked to promote fraudulent Solana-based scam tokens. JUST IN: Streaming platform Kick X has been hacked and is spamming Solana meme coin scam links pic.twitter.com/qBlWcLQnl6 — BlockNews (@blocknewsdotcom) December 24, 2024 ...
The cryptocurrency landscape is undergoing a profound transformation, driven by a geographic shift in developer activity and the rise of emerging blockchain ecosystems. Electric Capital’s latest annual developer report reveals that Asia now accounts for a staggering 32% of global crypto developer activity—a remarkable leap from just 12% in 2015. ...
Zeus Network has officially launched ZeusNode, a new infrastructure built on the Solana Virtual Machine (SVM), to enhance Bitcoin liquidity on Solana’s blockchain. The network also unveiled its complete roadmap for integrating Bitcoin liquidity seamlessly, with the first epoch already underway. The Guardian program introduces two types of validators: regular ...
DeFi protocol Sky, formerly Maker, has launched its stablecoin, USDS, on the Solana blockchain. Announced on November 19, the rollout establishes USDS as Solana's first major DeFi-native stablecoin, broadening opportunities for lending, borrowing, and trading within the ecosystem. Sky described the launch as a pivotal step in its mission to ...
The Solana price has recently broken out of the long-term downtrend, giving hope for a decent rally in the coming few months. However, a new altcoin is rising quickly and gaining popularity among traders for its tremendous growth potential. Let’s examine the Solana price action and the new altcoin to ...
Solana-based DeFi wallet provider Phantom has released an emergency update for its iOS app after users reported potential security vulnerabilities. The reports, which surfaced across social media and online forums, were majorly about unexpected app resets that left some unable to access their wallets without their recovery phrases. The wallet ...
