Solana Foundation reveals minimal exposure to FTX
Solana (SOL) Foundation revealed that it held roughly $1 million worth of cash or its equivalent -less than 1% of its assets- on bankrupt crypto exchange FTX as of Nov. 6, according to a Nov. 14 blog post.
Solana Crashes 12% Overnight as Crypt Markets Bleed Out
The cryptocurrency market continues to bleed out and in the past 24 hours, its total capitalization shed another $20 billion.
Transak Launches Crypto-to-Fiat Off-Ramp for Over 40 Crypto Assets Including Bitcoin
Transak, a Web3 onboarding infrastructure provider, is taking a step in this direction, announcing the launch of its crypto-to-fiat off-ramping service.
Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support SOL Chain Next Year
After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working with Solana in order to bring the firm’s Blockchain Node Engine to the Solana chain.
Circle is Bringing Euro Coin to Solana in First Half of 2023
Payments firm Circle is bringing Euro Coin to the Solana blockchain and expanding its cross-chain protocol to Solana in the first half of 2023.
Solana NFTs are Live on Instagram & Facebook
Instagram and Facebook have integrated with the Solana blockchain to allow users to showcase their NFT collections! The Solana Foundation has teamed up with leading NFT ecosystem creators, marketplaces, and infrastructure projects to celebrate with a special contest.
GenesysGo: The Crucial Infra Provider on Solana You Don’t Know About
In this article, we look to shed light into each of these areas before looking at the tokenomics to hypothesize the value accrual for the $SHDW token.
