Solana News

Solana News

Finance

Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion

Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.

Michael Weisz, new CEO of Kamino (Kamino)

Tech

Kalshi election data goes live on DoubleZero ahead of U.S. midterms

The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.

(Roibu/Shutterstock)

Web3

A $1.1 million crypto card hack crashed a neobank's token 49%

The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.

Plutus card being used contactless (CardMapr/Unsplash)

Tech

Solana vote to double disinflation passes by a hair in dramatic finish

Solana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narrowly passed.

Solana logo

Finance

South Korea’s top financial conglomerate team up with Visa to test stablecoin issuance and B2B settlements

Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.

Shinhan Financial's headquarters in Seoul. (Mobius6/Wikimedia Commons)

Markets

Solana ETFs extend growth streak to 5 days after year's biggest inflows

Monday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.

Solana co-founder Anatoly Yakovenko (CoinDesk)

Markets

Bitcoin holds $64,000 and solana leads gains amid 7% Korean chip stock slide

Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.

Crypto trading charts. (Rafael Minguet Delgado/Pexels)

Finance

Kalshi taps DoubleZero for Wall Street-style high-speed data feed

Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.

Lights blur as a car speeds forwards (Public Domain Pictures/Pixabay)

Tech

Solana neared a freeze threshold Wednesday, Marinade Finance says. The Foundation says it held up under stress.

A routing glitch at a major data center provider knocked nearly 29% of Solana’s staked tokens offline, bringing the network within striking distance of a full freeze, while Foundation executives stressed that blocks and transactions never stopped.

Solana neared the network freeze threshold Wednesday. (Marinade)