Solana News

Solana (SOL) was launched in 2020 by Anatoly Yakovenko as a high-performance blockchain designed to support thousands of transactions per second through its innovative Proof of History consensus mechanism combined with Proof of Stake. Built to compete directly with Ethereum, Solana offers developers fast transaction speeds and low fees, making it attractive for DeFi applications, NFT marketplaces, and Web3 gaming platforms.

The Solana ecosystem has rapidly expanded to include major DeFi protocols like Serum and Raydium, popular NFT collections, and gaming projects that leverage the network's speed and cost advantages. Despite experiencing several network outages that raised questions about decentralization and stability, Solana has maintained strong developer activity and institutional backing, with SOL serving as both a utility token for transaction fees and a staking asset for network security.

At CoinDesk, we cover comprehensive Solana news from protocol developments and network performance to the thriving NFT and DeFi ecosystems built on the platform. Our reporting tracks Solana's technical improvements, major partnerships, institutional adoption, and the ongoing efforts to address network reliability concerns while maintaining its competitive edge.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Фінанси

Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say

Affected wallets were all confirmed to be either created or used in Slope mobile wallet apps.

Автор Eli Tan3 серп. 2022 р., 4:00 пп ET

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

Подкасти

Crypto News Roundup for Aug. 3, 2022

Автор Adrian Blust, Adam B. Levine3 серп. 2022 р., 3:32 пп ET

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Відео

Solana Wallets Drained in Multimillion Dollar Exploit

An unknown attacker drained funds from over 8,000 internet-connected “hot” wallets on the Solana network including Phantom, Slope and TrustWallet to a total estimated loss of around $8 million. “The Hash” panel discusses the outlook for the Solana ecosystem as the latest victim of a major crypto exploit.

3 серп. 2022 р., 1:52 пп ET

Відео

Magic Eden COO on Multimillion Dollar Solana-Based Crypto Wallet Hack: 'It's an Education Thing'

Over 8,000 “hot” Solana-based crypto wallets have been compromised in an ongoing exploit amassing at least $5 million. Zhuoxun Yin, COO and co-founder of NFT marketplace Magic Eden, discusses what this means for Magic Eden and NFT application builders. "This is sort of a longer-term education piece that will continue to be a strong narrative," Yin said.

3 серп. 2022 р., 10:58 дп ET

Відео

Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook

NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”

3 серп. 2022 р., 10:58 дп ET

Ринки

First Mover Americas: Crypto Market Trades in the Green Despite Hacks

The latest price moves in crypto markets in context for Aug. 3, 2022.

Автор Lyllah Ledesma, Omkar Godbole3 серп. 2022 р., 10:04 дп ET

Even with multiple hacks this week, the crypto market traded mostly in the green on Wednesday morning. (Nicholas Stanley/Unsplash)

Ринки

Solana's SOL Token Holds Price Support Despite Hack

Early Wednesday, an unknown attacker drained at least $5 million of SOL and other tokens from Solana digital wallets.

Автор Omkar Godbole3 серп. 2022 р., 4:37 дп ET

Ринки

Solana Wallets Targeted in Latest Multimillion-Dollar Hack

Over 8,000 internet-connected "hot" wallets have been compromised so far, but the source of the attack remains unknown.

Автор Eli Tan, Sam Kessler2 серп. 2022 р., 8:29 пп ET

A Solana Hacker House in Miami. (Danny Nelson/CoinDesk)

Відео

NFT Marketplace Magic Eden Announces Ethereum Expansion

Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.

2 серп. 2022 р., 2:34 пп ET

Фінанси