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Solana
DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement
The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.
Solana Liquid-Staking Tool Marinade Looks to Bolster Its Token Value With Staked SOL Capture
Pseudonymous Marinade developer Cerba said the effort will bring more legitimacy to mSOL, which is ahead of Lido’s Solana LSD token despite that big-name protocol’s dominance on Ethereum.
Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
SOL’s price has surged 114% so far this year, slowly recovering from losses from early November.
Ripple’s Crypto Predictions for 2023
Ripple's SVP of Global Customer Success, and Managing Director for APAC and MENA, Brooks Entwistle, joins "First Mover" to discuss the payment protocol's crypto and blockchain predictions for 2023, with a focus on the real-world utility from NFTs to CBDCs. Plus, the latest on the SEC lawsuit and Ripple's partnership with Solana and Global Blockchain Business Council to explore crypto-based solutions for climate change.
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
Developers are focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.
Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change
Climate solutions "makes the most sense" for real-world applications of blockchain, a co-founder of the initiative told CoinDesk.
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.
Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX
Distraught, disgusted, and jaded: Solana’s popularity took a hit when reports of possible fraud at Sam Bankman-Fried’s then-behemoth crypto exchange FTX first came to light. But developers found a way to jump-start activity.
Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial products around Saber.
Solana-Based Bonk Inu NFTs Surge Tenfold After Mint but Listing Attracts Criticism
A certain feature on Magic Eden led to engaged community members being distraught.
