SOL Stabilizes after 15% Drop

The deal between OpenSea and Solana promises to scale both platforms.

Wormhole, a bridge which facilitates asset transfers across seven different blockchain, got hacked on Feb. 2 to the tune of over $320M as a hacker minted 120,000 worth of a version of wrapped Ethereum on Solana. One day later, the funds are back. 

Solend to share loan origination fees with developers who drive business to the platform.

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.

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.

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.…

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…

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.