Solana


Finance

Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token

Mercurial is the latest to move away from FTX's shadow.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Web3

Solana’s Top NFT Projects DeGods and Y00ts to Migrate Chains

DeGods will go to Ethereum, while its sister project, Y00ts, will move to Polygon with a grant from the layer 2's partnership fund.

(DeGods via Magic Eden, modified by CoinDesk)

Finance

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

The derivatives trader is back after an eight-month hiatus.

Drift v2 (Drift Protocol)

Finance

Solana-Based Raydium Exchange Victim of 7-Figure Exploit

Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account.

(Getty Images)

Web3

NFT Marketplace Magic Eden Rolls Out Rewards Program

After re-enforcing royalties earlier this month, the marketplace will reward users for trading NFTs on the marketplace.

Magic Eden (Screenshot modified by CoinDesk)

Videos

Polygon Studios CEO on Solana, Investment in Space

Polygon Studios CEO Ryan Wyatt, who is one of CoinDesk's Most Influential 2022, weighs in on Solana. "This space is really fragile and really nascent," he says. But, he explains why he is bullish about a multi-chain future.

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Tech

DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX

Mercurial would launch some of its popular products as a separate project under the name Meteora.

Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

Consensus Magazine

Crypto Developers Reveal the Perils of Anonymity

The total value locked on the Solana network reached billions of dollars, based in part on sham protocols by two brothers working under multiple aliases. For showing how divorced TVL can be from the truth, Ian and Dylan Macalinao share a spot on CoinDesk’s Most Influential 2022.

Ian and Dylan Macalinao (Will Ess for Pixelmind.ai/CoinDesk)

Markets

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%

The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.

(Getty Images)

Videos

Solana-Focused Crypto Wallet Phantom Taps Ethereum, Polygon

Phantom, the leading crypto wallet in the Solana ecosystem, said Tuesday it will add support for assets on the Ethereum and Polygon blockchains, with the rollout beginning in about three months, according to a representative. "The Hash" panel discusses what this means for Solana and mainstream crypto adoption.

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