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Solana
First Mover Americas: Altcoins Lead as BTC Struggles to Stay Above $21K
The latest moves in crypto markets in context for June 21, 2022.

Solana NFT Marketplace Magic Eden Raises $130M at $1.6B Valuation
The large raise comes during an otherwise downcast crypto climate.

Solend Says Investor at Center of Solana DeFi Controversy Started to Move Funds
The lending platform said that may avert the risk of contagion in case of a liquidation.

DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
An emergency governance vote has been passed as Solend plans to take less drastic measures on the liquidation of a large Solana borrower.

Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powers’
The Solana-based borrowing and lending service is going back to the ballot box.

Solana DeFi Platform Votes to Control Whale Account in Bid to Avoid Liquidation 'Chaos'
Solend users voted to "grant emergency power to Solend Labs to temporarily take over the whale's account."

SINO CEO: Layer 1 Will Have Five to Eight Winners and Solana Will 'Probably' Be There
At #Consensus2022, Sino Global Capital CEO Matthew Graham discusses why he thinks Solana could be one of the five to eight winners of Layer 1, and what Solana needs to do to get there.

Solana Commits $100M to Support South Korean Crypto Projects
Solana will pump up to $100 million into South Korean crypto startups as it looks to penetrate a developer market still reeling from last month’s Terra ecosystem collapse. “The Hash” team discusses the investment and why Solana is courting South Korea’s crypto games development sector.

Solana Commits $100M to Support South Korean Crypto Projects
The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming and will invest in NFT and DeFi projects.
