FTX Ventures, Jump Crypto Lead Funding Round in Executable NFT Wallet Startup
Solana-based developer Coral has raised $20 million in a strategic funding round co-led by the venture capital arm of FTX and Jump Crypto. The capital will go toward building out the first flagship product, Backpack, a wallet for executable non-fungible tokens or xNFTs. “The Hash” panel discusses what this means for NFT developments.
First Mover Asia: Bitcoin Sticks Near $19K; the Most ‘Profitable’ Mining GPU Makes You Back Your Money in 3 Years
Ether and other major cryptos spend much of the weekend in the red to close a turbulent week.
Italy's AC Milan Launches NFT Game With MonkeyLeague
The new partnership with an esports franchise signals the soccer champion’s latest step forward into the web3 world.
Nova Labs CEO: At This Point We Wouldn't Consider Algorand, the Vote Is Over
Nova Labs CEO Amir Haleem says the Helium Network won't consider Algorand as layer 1 at this point because "the votes are already passed." He added that "the desire to look at other L1 blockchains was telegraphed months and months ago." He explains the community's decision move to the Solana blockchain.
Helium Ditches Own Blockchain in Favor of Solana After Community Vote
Community members of crypto-powered wireless network Helium overwhelmingly voted to ditch its blockchain and migrate to Solana. Helium also announced that subscribers will get U.S. nationwide 5G coverage through a new five-year agreement with cellular giant T-Mobile.
Nova Labs CEO ‘Very Confident’ About Helium’s Migration to Solana
Helium community members have voted to move the decentralized WiFi network from its blockchain, officially known as HIP 70, to the Solana blockchain. Nova Labs CEO and founder Amir Haleem discusses why Solana is a better option and how the migration will help scale the protocol through more efficient transactions as well as interoperability.
Helium Ditches Own Blockchain in Favor of Solana After Community Vote
Voter turnout showed overwhelming support for moving Helium’s native network to Solana, with 80% of voters in favor in early Asian hours on Thursday.
Solana Co-Founder Sees Upside From Ethereum’s Merge, Saga Web 3 Mobile
Raj Gokal, Solana Labs’ chief operating officer, joined CoinDesk TV’s “First Mover” to discuss what the Merge could mean for Ethereum and how his company’s mobile phone will stack up against the iPhone 14.
Solana COO on NFT Markets, Ethereum Merge, Network Stability
Solana-based non-fungible token (NFT) marketplaces are seeing booming sales volumes, although the wider NFT sector is down roughly 80% year-to-date. Solana Labs Chief Operating Officer Raj Gokal shares insights into the Solana ecosystem and how it differentiates from the competition. Plus, Gokal's take on the upcoming Ethereum Merge and Solana's Web3 mobile phone.
Why Solana-Based Marketplaces Are Booming
The top Solana-based non-fungible token (NFT) marketplaces are seeing sales volumes surge to their highest level since May. Solana Labs Chief Operating Officer Raj Gokal shares his insights.