Solana News

Solana News

Markets

Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack

The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange.

Price chart shows Serum’s SRM price jump on Tuesday. (CoinDesk)

Finance

DeFi de Solana pierde casi US$700M por el colapso de FTX

El fundador de FTX, Sam Bankman-Fried, era un destacado patrocinador de la red.

Solana Hacker House en Miami, abril del 2022. (Danny Nelson/CoinDesk)

Finance

Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout

FTX founder Sam Bankman-Fried was a prominent backer of the network.

Solana Hacker House en Miami, abril del 2022. (Danny Nelson/CoinDesk)

Finance

Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos on Exchange

The foundation addressed the fallout of the FTX debacle in a blog post.

Then-CEO of FTX Sam Bankman-Fried and CEO of Solana Labs Anatoly Yakovenko (Danny Nelson/CoinDesk)

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Finance

FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster

Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Markets

Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?

The token, grappling with the market contagion, is down 4% in the past 24 hours.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)

Markets

Solana’s SOL Surges After Blockchain's Foundation Delays Plan to Unstake Tokens

A record amount of SOL was unstaked as investors reclaimed their tokens from the blockchain's security mechanism. But it could have been a lot more. The SOL price jumped 27%.

(Danny Nelson/CoinDesk)

Videos

Trust Is Gained Over Time but Lost in an Instant: Analyst

Tokens related to cryptocurrency exchange FTX, including FTT and Solana (SOL), have fallen sharply amid contagion fears. Citi Digital Asset Analyst Joe Ayoub said "that's largely because of a lack of trust from users in these projects that are related to Sam [Bankman-Fried]."

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Markets

El pánico se apodera de SOL en medio de volatilidad récord y una demanda masiva de opciones de venta

La llegada de una catarata de ofertas parece haber asustado a los inversores de los mercados al contado y de derivados.

El mercado de opciones de SOL deja a la vista el estado de pánico de los inversores. (Andrey Metelev/Unsplash)

Markets

Ether, Solana Trade at Premium on FTX – Here Is (Probably) Why

The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said.

(Pixabay)