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Defying SEC: Solana, Cardano, and Polygon Disagree with 'Security' Label
12.6.2023
In an ongoing battle against the Securities and Exchange Commission (SEC), Solana, Cardano, and Polygon have united forces to challenge the classification of their cryptocurrencies as securities.
This comes as lawsuits unfold against major exchanges Binance and Coinbase, these prominent projects...
Robinhood Reports 68 Percent Decline in Crypto Trading Compared to 2022
12.6.2023
Robinhood Markets Inc. reported on Monday that crypto trading plummeted 68 percent compared to the previous year.
Crypto trading was close to $2.1 billion in May 2023 compared to $6.6 billion just a year before, the mobile focused brokerage firm said in its report on monthly operating data. ...
Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit
12.6.2023
Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot
Solana Foundation disputes SEC’s claim of SOL as a security
12.6.2023
Solana Foundation, a non-profit organization in Switzerland, expressed disagreement with the characterization of the United States Securities and Exchange Commission of the platform’s native token, SOL, as securities. The US regulator called Solana’s SOL, along with 11 other cryptocurrencies...
SOL is not a security, says the Solana Foundation
11.6.2023
The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...
SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits
9.6.2023
The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said.
Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees...
Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
9.6.2023
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure
9.6.2023
Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S....
Biggest Movers: SOL Slightly Higher, as XRP Collides With Key Resistance Level
9.6.2023
Solana moved towards the $20.00 mark on Friday, despite reports confirming that Robinhood was set to delist the token from its platform. In addition to solana, cardano and polygon were also removed. XRP also trended higher in today’s session. Solana (SOL) Solana (SOL) moved close to...
Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities
9.6.2023
Brokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week.
Robinhood said it would end support for the three on June 27, and said that...
Neon EVM Community Sale Sells out in 29 Minutes – Registering 717k Participants
9.6.2023
PRESS RELEASE. Neon EVM is an Ethereum Virtual Machine (EVM) on Solana, offering developers the seamless integration of Ethereum dApps within the Solana ecosystem. By eliminating the gap between these two leading blockchains, Neon EVM empowers Ethereum developers to leverage the speed,...
Solana Foundation: SOL is 'Not a Security'
8.6.2023
SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
8.6.2023
Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains
Solana is Going to Zero After SEC Lawsuit Deems SOL a Security and Investors are Moving to Ecoterra as the Platform Raises $4.9 Million – What Does it Do?
8.6.2023
In a nasty surprise for Solana holders, SOL has been named as an unregistered security in the latest SEC enforcement action against Binance - now facing an uncertain future will Solana sink-or-swim?
As the aftermath of the latest 'regulation by enforcement' moves sets in, crypto markets...
Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
8.6.2023
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA)...
DeFi Unfazed by SEC's Classification of Tokens as Securities
8.6.2023
These forces will likely only drive “more financial activity to DeFi,” one trader said
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
7.6.2023
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat
Price analysis 6/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
7.6.2023
Bitcoin and most major altcoins are facing selling at higher levels, but there are no signs of panic selling at the moment
Solana’s integration with ChatGPT makes waves; DigiToads emerges as the go-to meme coin
6.6.2023
Solana’s decision to integrate a ChatGPT plug-in marks a new era in decentralized finance where artificial intelligence (AI) is the driving force. It paves the way for more pioneering technologies to find application in the DeFi ecosystem. Apart from the buzz about Solana, another...