Solana


Finance

Solana’s Top Crypto Wallet Phantom Looks to Ethereum, Polygon Next

Solana-focused crypto wallet Phantom is tapping Ethereum and Polygon for its expansion plan.

Brandom Millman, CEO de Phantom. (Danny Nelson/CoinDesk)

Web3

NFT Marketplace Magic Eden Expands Support for Polygon-Based NFTs

The leading Solana NFT platform will welcome a new community of Web3 gaming developers and publishers on the Polygon network.

(Polygon X Magic Eden)

Finance

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

Sino Global Capital founder Matthew Graham. (CoinDesk TV)

Markets

Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains

Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.

Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis Global Capital announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)

Markets

Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack

The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange.

Price chart shows Serum’s SRM price jump on Tuesday. (CoinDesk)

Finance

Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout

FTX founder Sam Bankman-Fried was a prominent backer of the network.

Solana Hacker House en Miami, abril del 2022. (Danny Nelson/CoinDesk)

Finance

Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos on Exchange

The foundation addressed the fallout of the FTX debacle in a blog post.

Then-CEO of FTX Sam Bankman-Fried and CEO of Solana Labs Anatoly Yakovenko (Danny Nelson/CoinDesk)

Finance

FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster

Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire.

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

Markets

Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?

The token, grappling with the market contagion, is down 4% in the past 24 hours.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)