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Lido Finance Halts Operations on Solana Following Community Consensus
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Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.

SolanaFM Secures a Seed Funding Round Worth $4.5M
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SolanaFM Secures a Seed Funding Round Worth $4.5M

World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms

Arthur Hayes suggests Dogwifhat (WIF) may hit $10
solana

Arthur Hayes suggests Dogwifhat (WIF) may hit $10

Arthur Hayes suggests Dogwifhat (WIF) may hit $10, leveraging the crypto trial verdict which negated Wright's claim as Bitcoin's creator.

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
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Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
solana

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.

South Korea's Crypto Tax Delayed Until Jan 2025
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South Korea's Crypto Tax Delayed Until Jan 2025

Crypto tax on digital assets in South Korea will be further delayed by another two years, according to an announcement from an official of the Ministry of Economy and Finance tax policy.

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
solana

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
solana

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.

Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling
solana

Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling

The major blackout, which ran for several hours, is not the first time a bug caused Solana’s network to temporarily fail.

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.

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