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Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet


Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...

Solana implements drastic measures against sandwich attacks


Solana, one of the leading blockchain platforms known for its high-speed transactions and low fees, has announced a series of drastic measures aimed at enhancing network stability and security. This move comes in response to recent challenges that have tested the resilience of the Solana ecosystem...

Meme Coin Craze Drives Solana’s Token Issuance to New Heights


According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a million tokens, specifically 549,386, were minted. Solana Blockchain Mints Over Half a Million Tokens in 30 Days Solana has recently been a major source of new tokens...

Solana’s first smart wallet, ‘Fuse’, is on iOS for public TestFlight


Squads Labs presents Solana’s most recent invention, Fuse, a unique smart wallet designed to keep up with the ever-evolving demands of digital asset management. Squads Labs is dedicated to the development of the on-chain economy. It supports the Squads protocol, a smart contract benchmark...

Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability


Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address network performance and stability. The release includes a central scheduler functionality that can be turned on optionally, focused on solving performance issues...

Solana set for a breakout: Momentum builds for major surge


Solana (SOL), a high-performance blockchain known for its fast transaction speeds and low fees, is currently experiencing a surge in momentum that could soon lead to a significant price explosion. As the broader cryptocurrency market shows signs of recovery, Solana is emerging as a standout...

Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year


Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after...

Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded


During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day...

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