Daily Solana DeFi ecosystem news. Daily updates on Solana news, apps and hacks.
Audacious Move to Build Handset Would Give Solana a Mobile Payment App
Scramble to Protect No. 1 Lender on Solana Shifts into New Phase
The Money Market dApp on Solana is Anxious About Liquidation Exposure
Data Shows $2.3B Flow Into Lido as Other Protocols Suffer Withdrawals
The deal between OpenSea and Solana promises to scale both platforms.
A new report finds that devs love working in the Ethereum ecosystem.
Terra continues to defy the crypto selloff with its TVL surging 43% and surpassing Binance Smart Chain.
Solana, a DeFi darling that vaulted into the fifth most valuable cryptocurrency, has taken the biggest hit of major tokens in the last seven days.
Metaverse and plat-to-earn game tokens took big hits in the latest crypto selloff.
ConstitutionDAO lost its bid for a copy of the founding charter of the United States.
This week’s markets roundup reports on Ethereum’s burn rate and the mixed performance of top tokens like Solana and Aave.
Solana led a $100M funding round in Web3 ventures.
Fantom’s FTM token hit an all-time high this week and is a hot new entrant in the elite club of Layer 1 blockchains.
Smart contract platforms — Terra, Solana and Avalanche, to name a few — had a summer to remember. Terra’s LUNA rocketed 421% between June 1 and Sept. 30 and its fellow Layer 1s (L1s) Avalanche and Solana also delivered triple-digit returns. Now Layer 2s (L2s), which make Ethereum transactions more affordable and faster by executing them …
Layer 1s Better Watch Their Backs as L2s Surge in TVL Read More »
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Smart contract platforms’ tokens have been amongst the top performers of 2021. While Ether has recorded a remarkable 330% return year-to-date, newer platforms such as Solana, Avalanche and Terra have seen their tokens grow over 1,000% in 2021. The rise in these platforms has been driven initially by …
Exploring the Multi-Chain Universe Amid Incentives & Upgrades Read More »
The Pyth Network malfunctioned on Sep. 20 as the data provider reported a Bitcoin price of $5,402 on a day when other sources like CoinGecko didn’t report a BTC price below $40K. That wasn’t the only snafu. Pyth’s price feed for the stock of movie theater chain, AMC, showed a spike to $772 on Sep. …
Oracle Pyth Goes Haywire on Solana with Bad Prices Read More »
Crypto markets Tuesday morning appeared to be shaking off gut-wrenching falls in the last 24 hours. At one point Monday, At one point, ETH nosedived 2.8% in an hour. Ethereum was up 0.5% in trading at 7:15 AM, according to CoinGecko data. Cardano increased 0.4% and Solana, Avalanche and Chainlink were flat. So, too, was …
DeFi Market Stabilizes After White Knuckle Drops Monday Read More »
Solend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team. Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave do. Users can post assets that will earn interest, and they can borrow a certain …
DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits Read More »
They are the two names on everybody’s lips right now. Solana and Arbitrum. And as luck would have it, both blacked out on the very same day sending maxis of every flavour into paroxyms of schadenfreude.
At 2:01 AM New York time Wednesday morning, the Solana blockchain went live once again, according to @SolanaStatus. “The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25,” the platform reported. “Dapps, block explorers, and supporting systems will recover over the next several hours, at which point full functionality …
Solana Outage Likely Caused by Bots Pursuing an Initial DEX Offering Read More »
Solana, one of the biggest DeFi chains by value locked, suffered network outages Tuesday. The Solana team first alerted users to the issue on Twitter at 8:38 AM New York time, saying the network had been “experiencing intermittent instability” for the prior 45 minutes. Some nodes on the smart contracts chain went offline after the …
Solana Blockchain Suffers Intermittent Stability Read More »
It has historically paid to be early in DeFi — literally. Traders (including yours truly) are betting that will also be the case on Arbitrum and Optimism. DeFi has long fostered a culture of rewarding early adopters, with a great example being last year’s massive Uniswap airdrop in which the decentralized exchange airdropped 400 UNI …
The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen Tse, Harmony’s founder told The Defiant, via a spokesperson. “Harmony was purpose-built so that developers …
Harmony Opens the Throttle on Layer 1 with $300M Fund for Myriad Projects Read More »
Blockchains really only know themselves. That’s what blockchains are good at: knowing the current state of assets held by all the blockhain’s users with confidence grounded in cryptographic verifiability. “[Blockchains] don’t have the ability to speak to the outside world, so they aren’t able to incorporate that into their logic and their contracts,” Kanav Kariya, …
Solana Attracts Oracles as Momentum Builds for Next Phase of DeFi Read More »
Staking assets on a blockchain helps to secure the network, but losing that liquidity can be painful for traders and investors. So the team behind the derivatives protocol, Lido, created a staking derivative that allows investors to stay liquid while also supporting the security of the networks they rely on. So far, Lido has enabled …
Lido Brings Liquid Staking to Solana, Its Third Blockchain Read More »
And you thought Solana was hot. Well, it is, but Terra’s LUNA token has eclipsed SOL in the last month. LUNA has skyrocketed about 265% in the last 30 days compared to SOL’s 150% performance, according to CoinGecko. While Avalanche’s AVAX token has more than tripled in value in that period one thing seems clear …
Layer 1 Boom Drives Terra’s LUNA Token to the Moon Read More »
This is shaping up to be a killer week for so-called “Ethereum killers.” Of the 100 largest tokens in terms of market capitalization, seven of the top ten biggest gainers in the last week are smart contract platforms, according to CoinGecko. Eleven of the top 15 smart contract platforms are up double digits on the …
If TikTok is a window into what teens are up to these days, then crypto has a place beside dance videos. On Aug. 17, blockchain-based music streaming protocol Audius announced its partnership with TikTok to allow one-click sharing with the social network. This is the first music integration TikTok has established. The upshot of the …
TikTok Chooses Blockchain-Powered Audius for First Music Integration Read More »
Mercurial Finance is building the liquidity platform for stable assets on Solana. As the DeFi ecosystem on Solana grows, there will be many different variants of collateralized, wrapped, and synthetic assets in the space. Their most immediate objective is to provide the best liquidity for all the major stable and pegged assets on Solana, which …
How to Enter 3Pool on Mercurial Finance | Solana Tutorial Read More »
