Solana

Luna Foundation Guard Reserves Decimated By Terra Crash

The Luna Foundation Guard (LFG) revealed on Monday that the recent Terra crash, and its measures to support UST had wiped out most of its reserves. Its holdings now stand at about $260 million- a far cry from the over $4 billion the LFG commanded less than two weeks ago. It will now deploy this remaining capital towards repaying UST holders, with smallest wallets to be compensated first. But the LFG did not specify how this compensation will take place. The LFG’s...

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InvestAnswers Host Calls Solana ($SOL) the Top Ethereum Competitor

Popular crypto analytics and market commentary show InvestAnswers says that Solana ($SOL) is likely still the top competitor for Ethereum ($ETH).  Speaking in a recent YouTube video, the show’s host told viewers that he still considers Solana a hedge against Ethereum and maintains his “day one thesis” that...

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Binance Coin: BNB attempts a recovery but this is what lies on its way

Phew! What a week this has been in the history of cryptocurrency.  A week marked by a significant decline in price for most cryptocurrencies which led to massive sell-offs on exchanges.  With hodlers on one hand advising investors to tarry and paper hands, on the other hand, exiting to salvage what was left of their investments. Amidst all this madness, we also experienced the de-pegging of the UST stablecoin. This was followed by a severe decline in the value of the...

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KICK.IO dives into their evolving roadmap!

The crypto world is as innovative and exciting as it’s fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach new heights.  KICK.IO has big plans for the upcoming year, and one, in particular, will definitely make a significant change for both the platform and our users.  The dawn of cross-chain bridges Since its inception, blockchain technology has come forward as one of the most reliable ways...

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SOL-mates might consider not giving up because here’s what awaiting Solana

As with the rest of the market, Solana fell terribly on 9 May and ended up reaching the same all-time high it was at in May 2021. However, the various ecosystem developments around Solana are trying to push the bearish narrative aside.

Solana finds demand?

Firstly, one of Solana’s biggest strengths, NFTs, received massive support from Meta on 8 May after the social media company announced that Instagram would support Solana NFTs on the platform with plans of deploying the same...

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STEPN [GST]: After major price disparity across chains, you need to be wary of this

Every now and then an altcoin comes along that goes up and up and shows no sign of slowing down, despite some pullbacks. In late 2021 that was Shiba Inu, now, in Q2 2022 is STEPN. A fitness app that allowed users to access in-game features, such as mint virtual sneakers, upgrade “gems” and participate in governance voting.

Choosing sides now 

STEPN, a Solana-based ‘Move-To-Earn’ web3 lifestyle game indeed had a good start to the year. The price of STEPN’s governance token Green Metaverse...

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Instagram to Test NFTs This Week, Zuckerberg Confirms

Key Takeaways

Meta will begin testing NFTs on Instagram this week, Mark Zuckerberg has confirmed. Zuckerberg said that Meta would add a Facebook feature with "similar functionality" in the near future. Meta follows on the heels of many other major companies to show an interest in the NFT space.

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Some U.S. collectors and creators will be able to share their NFTs on Instagram from this week. 

Instagram to Test NFT Support

NFTs are heading to Instagram, Mark Zuckerberg has announced.  The...

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