Solana


Markets

Crypto Funds Double Weekly Inflows to $226M as Ebullience Returns to Bitcoin Market

The jump was largely driven by bitcoin-focused funds, where inflows rose by $156 million to $225 million, the highest in five months.

Weekly crypto fund flows (CoinShares)

Finance

FTX.US Launches Collectibles Arm in Boost to Solana-Based NFTs

The exchange will allow users to trade, mint, auction and authenticate Solana NFTs. Plans to support Ethereum NFTs are in the works.

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

Finance

Grayscale Adds Solana to $494M Digital Large Cap Fund

The asset manager’s bitcoin-heavy fund allocated 3.24% to SOL Friday.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)

Finance

Solana-Based NFT Firm Metaplex Names Adam Jefferies CEO of New Studio

He will be joined by a new board that includes members from Audius, Coinshares, Cultur3 Capital, Phantom and Saber Labs.

Solana logo on a smartphone arranged in the Brooklyn Borough of New York, U.S., on Saturday, July 31, 2021. The Senate's bipartisan infrastructure deal envisions imposing stricter rules on cryptocurrency investors to collect more taxes to fund a portion of the $550 billion investment into transportation and power systems. Photographer: Gabby Jones/Bloomberg via Getty Images

Markets

Solana-Based Prediction Market Uses DeFi Yields to Finance ‘No Loss’ Betting

Hedgehog’s experimental wagers combine prediction markets with stablecoins, decentralized finance and gamification.

(George Chernilevsky/Wikimedia Commons)

Finance

‘Solcial’ Raises $2.9M to Build Censorship-Free Social Media on Solana

The site will place a heavy focus on monetization opportunities for content creators.

(Hans-Peter Gauster/Unsplash)

Finance

Grape Network, the Startup That Broke Solana, Raises $1.8M

Key contributor Dean Pappas said he didn’t mean for his project’s public token sale to crash an entire ecosystem. Now VCs are following suit.

(jose alfonso sierra/Unsplash)

Markets

Altcoins Surge as Crypto Market Regains Steam

AVAX climbed 24% to hit a record of $79.58.

24-hour AVAX price chart (Messari)

Finance

Why Civic Technologies Is Building DeFi Identity Tools on Solana

Solrise Finance will host the Civic Pass, which aims to make DeFi chime with institutions.

Civic Technologies CEO Chris Hart (Civic)

Finance

TRM Labs to Bring Crypto Tracing Tools to Solana

The company is the first of the major crypto trackers to bring its compliance tools to the Solana blockchain.

TRM Labs co-founders Esteban Castano (left) and Rahul Raina