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Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions

Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the…

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Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement

Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took…

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Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack

Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the…

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Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset

Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm…

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Solana Developers Rush to Address Network Congestion; Operativity Remains Impaired

Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant…

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FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny

In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were…

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Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues

The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that…

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Buterin, Yakovenko and Gün Sirer: Crypto Creators Take on the Meme Coin Phenomenon

The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones,…

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