Solana-based ‘Legend’ NFTs are bringing stars like Muhammed Ali to the metaverse

Solana-based Blockasset, a sports platform aimed at connecting athletes and their fans through decentralized technologies, has revealed five heroes of its upcoming stellar ‘LeGENds’ NFT drop, it said in a release shared with CryptoSlate. They include ex England and Manchester United star Wayne Rooney, ex-UFC champion, sports analyst and commentator Mike Bisping, world-renowned New Zealand…

Permissionless staking and farming comes to Solana (SOL) with Step Finance

Step Finance, the so-termed front page of Solana, has launched the industry’s first farm creator where projects can seamlessly create emissions pools from Step’s website, creating a level playing field for big and small projects and bringing high DeFi yield and earning opportunities to all Solana projects. Easier DeFi on Solana DeFi opens up opportunities…

New bridge connects Binance Smart Chain tokens and NFTs to Ethereum and Solana

Wormhole, the interoperability protocol that facilitates any type of data to be passed between different networks, announced the addition of Binance Smart Chain (BSC) support to its already existing ETH <> SOL token and NFT bridge.  Now, with more than $200 million in total value locked (TVL) in the protocol from its Solana and Ethereum…

Grayscale announces investments in Solana (SOL) and Uniswap (UNI)

Institutional crypto asset manager Grayscale has announced its new investment in two different digital assets: high-speed blockchain Solana and DeFi protocol Uniswap. This was contained in a recent release concerning its quarterly rebalancing of funds.  Grayscale invest in Solana and Uniswap According to Grayscale, the rebalancing of funds would lead to the reduction of its…

Solana NFT “Iconics” defrauds people of $130,000 in SOL

Solana-based NFT project Iconics appears to have pulled off a rug pull, defrauding unsuspecting investors of over $130,000. Iconics NFT rug pull gets 1000 SOL The project was the brainchild of an unidentified 17-years-old 3D digital artist, who failed to deliver on his promise and disappeared with investor’s funds. Iconics were supposed to be 8,000…

Ex-Google exec to head Solana NFT marketplace Metaplex

Metaplex Studios announced today the appointment of Adam Jeffries as the Chief Executive Officer. The Solana-powered on-chain protocol for minting and auctioning NFTs has processed over $200 million worth of SOL on its platform since July 2021, and is looking to bolster its reach. Bringing with him more than a decade of experience in user…

Every Ethereum NFT can now be on Solana with Wormhole’s new ETH-SOL bridge

Ethereum competitor Solana kicks off ‘hackathon’ with $1 million in prizes The Solana Foundation, a non-profit organization dedicated to supporting and growing the high-speed blockchain today announced it will be launching a global hackathon focused on Web3, DeFi, and NFT solutions. 2 min read →

Solana DeFi tool SolRazr announces SOLR airdrop ahead of IDO and whitelist

‘Tokenized’ Tesla, Google, and Apple shares are coming to Solana (SOL) Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenized financial instruments, today announced that it is bringing its tokenized stock infrastructure to the Solana blockchain. 2 min read →

New Solana DEX Orca raises $18 million from Coinbase, Three Arrows, and others

Orca, a decentralized cryptocurrency exchange based on the high-speed Solana blockchain, announced today that it has raised $18 million in Series A funding led by Polychain, Placeholder, and Three Arrows Capital. Other participating funds included Jump Capital, Sino Global Capital, Collab+Currency, DeFiance Capital, Zee Prime, Coinbase Ventures, Solana Capital, and a number of angels.  The…

Solana, XRP, Cardano lead losses as 91% of all crypto ‘longs’ liquidated

Crypto traders were in for a tough Monday morning as they woke up to double-digit percentage losses across the market. Large-cap altcoins like Solana, XRP, and Cardano shedded millions of dollars from their respective market caps, while Bitcoin and Ethereum lost 6% and 7% at press time respectively. As per data from CryptoSlate, Solana traded…