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Solana Announces Hyperdrive Hackathon
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Solana Announces Hyperdrive Hackathon

Solana, a blockchain platform, has launched Hyperdrive, an engineering and business competition allowing teams to transform ideas into operational projects within five weeks. The event, facilitated by Solana Hacker Houses in Bengaluru and Mumbai, has attracted over $600 million in venture funding.

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
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SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
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NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities

In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.

Ex-Terra Developer Somani Raises $15M for Startup
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Ex-Terra Developer Somani Raises $15M for Startup

Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of TerraUSD.

OpenSea Signals Integration of Solana NFTs by April
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OpenSea Signals Integration of Solana NFTs by April

Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.

The Number of Non-Zero Ethereum Addresses Hit an ATH
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The Number of Non-Zero Ethereum Addresses Hit an ATH

The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.

Breaking: Visa Expands Stablecoin Settlement On Solana
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Breaking: Visa Expands Stablecoin Settlement On Solana

Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana
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Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/.

Solana Launches $100m Web3.0 Fund for South Korean Startups
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Solana Launches $100m Web3.0 Fund for South Korean Startups

Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.

Magic Eden Embraces Compressed Solana NFTs
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Magic Eden Embraces Compressed Solana NFTs

Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
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Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security

Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.

DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools
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DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools

DeFi protocol Texture Finance has tapped $5m in funding from P2P Capital amongst others.

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