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Solana
Solana Rolls Out Update to Tackle Network Congestion
A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months.
Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges
Shakeeb Ahmed stole over $12 million from Nirvana Finance and a DEX thought to be Crema Finance.
Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape
Solend and Kamino were the biggest winners in the Solana DeFi landscape.
MarginFi Leader Resigns on Fiery Day for Major Solana Lender
"The main problem was our lack of organizational execution," MarginFi's longtime leader Edgar Pavlovsky told CoinDesk.
Half of Solana Pre-Sales Are Scams, Blockaid Says
Around $100 million was sent to token pre-sales over the course of a weekend last month.
VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs
Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.
Solana-Based Zeta Markets Debuts Governance Token Z
The launch of governance token is part of a broader strategy that involves plans to release Solana's first layer 2 scaling solution, Zeta Markets said in the press release.
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.
Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue
The tool has made over $5 million since going live in early March, with thousands of tokens issued daily.
Wormhole’s W Token Has a 999% Weekly Return; Why VanEck Is Bullish on Ethereum Layer 2s
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Solana DeFi application Kamino offering a weekly yield of more than 999%, paid out in W and JTO tokens. Plus, VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 and CFTC data shows that leveraged funds held record net short positions in CME's bitcoin futures last week.
