Browsing:SOL

Aurory Gaming on Solana Faces Major Hack
4 months ago 1 min read

Aurory gaming on Solana was hit by a major hack, losing 80% in AURY-USDC pool

Aurory, a Solana blockchain-based gaming platform, recently experienced a significant security breach, resulting in an 80% loss in its AURY-USDC pool liquidity. The exploit targeted Camelot’s DEX Arbitrum’s SyncSpace Aurory Bridge, prompting the Aurory team to take immediate action. The hacker exploited a vulnerability in the SyncSpace bridge to withdraw and sell approximately 600,000 $AURY tokens to Arbitrum. In response, the team quickly disabled SyncSpace to avoid further complications while also protecting user funds and NFTs. It’s worth noting that the stolen $AURY tokens came from the team’s wallet, not from user funds. The team worked proactively to stabilize the

SOL is currently trading at $69.68
4 months ago 1 min read

Solana (SOL) drops by over 2.5%, trading at $69.68

Anatoly Yakovenko, the co-founder of Solana, took a moment to reflect on the six-year journey that led to the establishment of Solana (SOL), a crypto project currently valued at more than $30 billion, in a recent Twitter post. Yakovenko discussed the difficulties encountered during the early stages of fundraising and development for Solana. Yakovenko’s Twitter post marks the sixth anniversary of his fundraising efforts for Solana, which began on December 9, 2009. He shed light on the early difficulties in obtaining sufficient funding to propel Solana’s development, emphasizing the resilience and determination required in the early stages of a crypto

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users
4 months ago 1 min read

Google announces changes to its crypto advertisements policy

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users from potential crypto investment risks. These updates are focused on Cryptocurrency Coin Trusts, which are financial instruments that simplify the trading of shares in trusts that hold significant amounts of crypto. The changes are intended to provide users with more reliable information while also protecting them from potential risks associated with crypto investments. The updated policy will go into effect on January 29, 2024, and will specifically target ads promoting cryptocurrency coin trusts in the United States. Advertisers who want to run crypto

Bonk (BONK), a Solana-based dog-themed memecoin
4 months ago 1 min read

Bonk (BONK), a Solana-based dog-themed memecoin, has risen to become the third-largest memecoin in terms of market cap

Bonk (BONK), a Solana-based dog-themed memecoin, has risen to become the third-largest memecoin in terms of market capitalization. This unexpected surge, which occurred on December 8th, saw Bonk’s price increase by an impressive 370% in the previous month, propelling its market capitalization to $762 million, surpassing competitors such as Pepe. According to CoinGecko data, Bonk has risen from $0.0000028 to $0.000012 in the last 30 days. This surge outpaced more established dog-themed meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE), which gained 20% and 35%, respectively, during the same time. Bonk’s recent gains can be attributed to a variety

Solana's network reaches an all-time high with 51.63 million daily transactions
5 months ago 1 min read

Solana’s network reaches an all-time high with 51.63 million daily transactions

Solana (SOL) has made headlines by breaking a new daily transaction record, demonstrating strong interest in the crypto community. Solana’s network reached an all-time high with 51.63 million daily transactions. This performance propelled Solana’s price to $59.58, resulting in a weekly gain of 1.53%. Solana’s trading volume reached $1.2 billion, demonstrating its significant market presence. Despite a retracement, the overall outlook for Solana remains positive, with the coin currently trading in the $52.21-$59.48 range. Analysts anticipate a retest of the $60 level in the coming weeks as the coin trades above the 50 and 200-day EMAs. Meanwhile, Ethereum (ETH) has

Crypto Whales Flock to InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA) for Big Investments
5 months ago 1 min read

InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA) Emerge as Whales’ Favorites in Crypto Investments

According to recent on-chain data, large-scale investors, known as “whales,” are actively engaging with promising crypto projects. Notable projects attracting attention include InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA), all of which present appealing options for long-term gains. QUBE (InQubeta): InQubeta stands out for its innovative approach to facilitating financial access for AI startups in the cryptocurrency space. InQubeta has captured whale interest, as evidenced by the success of its ongoing QUBE presale, which has raised over $5.3 million. The project’s NFT marketplace, which facilitates equity-based NFTs for AI startups, adds to its appeal, as do opportunities for

GameStop Memes vs. Ripple And Solana
5 months ago 4 mins read

GameStop Memes vs. Ripple And Solana: A Comparative Analysis Of 10x Investment Opportunities Amidst Bitcoin’s Surge

The cryptocurrency market has been a hotbed of activity in recent times, with Bitcoin’s resurgence above $35,000 igniting a frenzy in the altcoin space. Among the notable altcoins, Ripple (XRP) and Solana (SOL) have made impressive gains, but GameStop Memes (GME) presents a unique opportunity that sets it apart from the competition. In this article, we’ll delve into why GameStop Memes could be the preferred choice for investors in the current market scenario compared to Ripple and Solana. Ripple’s Resurgence Ripple has made a notable resurgence, with its price surging by over 5%, reaching $0.60. The market value of XRP

GameStop Memes are Supercharging the 2023 Crypto Wave
5 months ago 4 mins read

Solana, Filecoin, and GameStop Memes are Supercharging the 2023 Crypto Wave

As the crypto landscape evolves, investors seek the next big opportunity to maximize returns. This comparative article dissects three potential game-changers in 2024: Solana, Filecoin, and the unconventional GameStop Memes (GSM). Each presents a unique proposition in the crypto sphere, blending innovation and community engagement. But which holds the key to the most promising investment? Let’s unravel the intricacies. Solana: Where Speed Meets Scalability Solana’s ascendancy in the crypto arena is grounded in its mission to overcome the scalability challenges prevalent in blockchain networks. Its Proof of History (PoH) consensus mechanism timestamps transactions before inclusion in a block, enabling parallel

Solana (SOL) Price Surges Over 46% in the Last 7 Days
5 months ago 1 min read

Solana (SOL) Price Surges By Over 46% in the Last 7 Days

In a recent surge, Solana’s native token, SOL, has experienced a significant uptick, climbing by over 46% in the last 7 days. This builds on an impressive trend, with SOL marking a 46% increase over the past week and a remarkable 160% surge in the last month. As of now, SOL is priced at around $63, reflecting the bullish sentiment surrounding the cryptocurrency. One contributing factor to SOL’s positive valuation is the overall bullish condition prevailing in the cryptocurrency market. Notably, major players like Bitcoin (BTC) and Ethereum (ETH) have also reached yearly peaks, indicating a broader upward trend. The

The SOL price soared, hitting its highest mark at $60, the best it’s been since May 2022.
5 months ago 1 min read

Solana (SOL) Price Surges 500% this Year

Solana’s (SOL) making waves in the crypto world, pushing through the tough times to show a strong comeback. The SOL price soared, hitting its highest mark at $60, the best it’s been since May 2022. Solana has been on fire, as it shot up by 178% in the last month, and has seen an incredible 500% surge throughout this year. To put that into perspective, it’s outpaced the largest crypto like Bitcoin (BTC) and Ethereum (ETH). This sudden surge is thanks to new holders joining the Solana community, injecting more cash. Also, there are many traditional companies showing an interest

FTX has initiated the movement of 750K in Solana (SOL)
6 months ago 1 min read

Solana price drops as FTX transfers $30 million in SOL to Binance and Kraken

The FTX exchange has initiated the movement of 750,000 Solana (SOL), which is valued at around $30 million, to crypto exchanges Binance and Kraken. This move is the initial step in preparation for a potential sale, and it has had a notable impact on the token’s price, causing a 5% drop over a 24-hour period. The FTX estate, previously a cryptocurrency exchange, has already shifted a total of $102 million in SOL to various exchanges through a series of transactions. This series of movements is creating selling pressure on the token. SOL holds a significant place on the FTX estate’s

Solana (SOL) Experiences Surprise 15% Pump in Value
7 months ago 1 min read

Solana (SOL) Jumps 15% in Unexpected Price Rally

Over the past 48 hours, Solana has taken the cryptocurrency market by surprise with a substantial price surge, now sitting at $24.41. This unexpected leap has propelled Solana beyond a significant resistance level known as the 200 Exponential Moving Average (EMA), a crucial point of interest for traders. What makes this rally even more intriguing is the fact that Solana has recently been heavily shorted, raising the possibility that we might be witnessing the outcomes of a short squeeze. The crypto market has been abuzz lately, especially due to Bitcoin’s recent climb to $28,000. This bullish sentiment appears to be