The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and ...
CryptoUpdateClub Latest Articles
Enter the afterlife in style, Solana NFT game demo hits Epic store and more
admin
The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meters) statue in Ancient Sparta encircled with 15,000 name-engraved ...
Helium migrates its blockchain to Solana following T-Mobile partnership
admin
On Thursday, the Helium Foundation announced that it would be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles. It’s official! The HIP 70 ...
FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge
admin
While Ethereum devs promised no downtime during The Merge, one of the most anticipated Ethereum upgrades, members of the crypto community decided to take proactive measures to ensure the safety of investor funds. In this effort, crypto exchange FTX announced ...
Helium devs propose ditching its own blockchain for Solana
admin
Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in ...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana – Press release Bitcoin News
admin
press release PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially ...
Fireblocks launches Web3 Engine support on Solana
admin
Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure. Beginning Tuesday, Fireblocks users will have direct access to Solana’s various decentralized finance (DeFi) and Web3 applications ...
Solana wallet fires up the grill to burn spam NFTs out of existence
admin
Solana-based wallet provider Phantom has launched a new burn feature allowing users to remove spam non-fungible tokens (NFTs) sent by scammers. According to an Aug. 18 blog post from the Phantom team, the new feature is accessible via the Burn ...
Solana (SOL) price is poised for a potential 95% crash — Here’s why
admin
Solana (SOL) price rallied by approximately 75% two months after bottoming out locally near $25.75, but the token’s splendid upside move is at risk of a complete wipeout due to an ominous bearish technical indicator. A major SOL crash setup ...
Ominous Solana technicals hint at SOL price crashing 35% by September
admin
Solana is tailing broader crypto market trends while battling concerns about repeated network outages and centralization.