49 / 49 Relevant items tagged with #solana

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Solana entities sold 50M tokens to FTX — How long will SOL price suffer?

[Nov 16, 2022 3:04 AM] Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028.

Solana Loses 60% Of Its Value After FTX Collapse – Can SOL Bounce Back This Week?

[Nov 16, 2022 12:06 AM] The Solana (SOL) ecosystem, according to Laguna Labs Chief Executive Officer (CEO) Stefan Rust, took a harder hit compared to other major digital coins such as Bitcoin and Ethereum following the collapse of the FTX crypto exchange. Here’s a…

SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project

[Nov 13, 2022 11:00 AM] According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as…

Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin

[Nov 12, 2022 8:46 AM] Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other…

Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined

[Nov 11, 2022 2:00 PM] The DeFi market faced the heat of the FTX turmoil as well with the majority of tokens and projects registering a blood bath over the past week.

Biggest Movers: SOL Gives Up 20% Gains, as FTX Declares Bankruptcy

[Nov 11, 2022 11:00 AM] Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier in the week, surged today, as traders seemingly bought the dip earlier in the day. However, sentiment has since…

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

[Nov 10, 2022 8:31 PM] Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points…

Crypto Market Loses $200 Billion As Bitcoin Plunges

[Nov 10, 2022 5:31 PM] Some days back, the crypto market was celebrating a significant rally in the price of major cryptocurrencies. Bitcoin hit a remarkable recovery surpassing the $20K level to $21,500. However, the story quickly changed as the FTT crash dragged the…

Solana Falls Out Of The Top 10 Crypto, Why There Is More Pain To Come

[Nov 10, 2022 2:29 AM] Solana (SOL) has been one of the tokens hit by the FTX decline in the last few days. Given FTX’s exposure to the token and the fact that they hold a sizable position, it has suffered a massive decline in tandem with the FTT token. The token has…

Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

[Nov 9, 2022 10:15 PM] "We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said.

Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’

[Nov 9, 2022 7:14 AM] Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.