Solana News

Solana News

Markets

Beaten-down digital asset treasury names lead crypto stock surge as bitcoin hits $78,000

Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.

CoinDesk

Tech

Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana

The project, called DoubleZero Edge, offers a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.

Zapper adds NFT and DAO dashboards. (Shutterstock)

Finance

Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch the protocol as a USDT-based perpetuals DEX on Solana.

Tether CEO Paolo Ardoino at White House

Markets

Alameda moves $16 million in Solana's SOL token for possible creditor distribution

Alameda unstakes $16 million worth of Solana's SOL token, according to Arkham.

Caroline Ellison, the government's star witness in their case against FTX founder Sam Bankman-Fried, leaving court on Tuesday, Oct. 11 following her first day of testimony. (Danny Nelson/CoinDesk)

Tech

The Protocol: Bernstein says quantum threat to Bitcoin is real but manageable

Also: North Korea’s 6-month plot with Drift, Solana Foundation’s new ad and Alchemy AI.

(Planet Volumes-Unsplash/Modified by CoinDesk)

Tech

‘Don’t waste time with crypto': Here is what Solana Foundation's cryptic message really means

The foundation says it is becoming a leading network for “agentic payments.”

Solana ad in San Francisco, CA (Solana Foundation)

Tech

Solana Foundation unveils security overhaul days after $270 million Drift exploit

The program includes 24/7 threat monitoring for protocols with more than $10 million in deposits and a dedicated incident response network of security firms.

Solana logo

Tech

Solana's quantum-threat readiness reveals harsh tradeoff: security vs speed

While Bitcoin developers scramble to find a solution and Ethereum prepares for 'Q-day,' Solana is trying to get ahead of that scenario.

Quantum Computing Room

Tech

Solana DeFi platform Drift confirms 'active attack' as more than $200 million leaves platform

The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.

CoinDesk

Tech

Here's how bitcoin, Ethereum and other networks are preparing for the looming quantum threat

Across many of the most well-known ecosystems like Bitcoin, Ethereum, and Solana, responses are diverging along familiar lines: what to do on social consensus and technical iteration, and community members are split between caution and acceleration.

Quantum computer. (Getty Images)