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Ian Macalinao, one of the Saber brothers (Danny Nelson/CoinDesk)
Finance
Saber labs
Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial produc...
Ian Macalinao, one of the Saber brothers (Danny Nelson/CoinDesk)
By Danny Nelson
Jan 11, 2023 at 7:59 p.m. UTC
Jan 11, 2023
Saber LabsMacalinaoSolanaDeFi
Shiba Inu dogs (Getty Images)
Web3
Meme coin
Solana-Based Bonk Inu NFTs Surge Tenfold After Mint but Listing Attracts Criticism
A certain feature on Magic Eden led to engaged community members being distraught.
Shiba Inu dogs (Getty Images)
By Shaurya Malwa
Jan 11, 2023 at 10:56 a.m. UTC
Jan 11, 2023
meme coinBonkSolanaNFTs
Solana-Based Token Bonk Inu to Mint NFTs on Magic Eden
Video
Cdtv
Solana-Based Token Bonk Inu to Mint NFTs on Magic Eden
Bonk Inu (BONK) will offer more than 15,000 non-fungible token (NFT) collectibles on Solana marketplace Magic Eden on Tuesday, and all the tokens used to mint these NFTs will...
Solana-Based Token Bonk Inu to Mint NFTs on Magic Eden
By CoinDesk Inc
Jan 10, 2023 at 7:26 p.m. UTC
Jan 10, 2023
cdtvNFTFTXHash clipSolanaMagic EdenftxforarcBonk inu
Markets Daily Podcast Cover
Podcasts
Podcasts
Crypto Update | Who Are Sam Bankman-Fried's Politically Connected 'Wealthy Co-Conspirators'?
With a short squeeze adding fuel to the year's first mini-rally in SOL and other altcoins, plus a closer look at the co-conspirators who may have been involved in the FTX saga...
Markets Daily Podcast Cover
By Adam B. LevineAdrian Blust
Jan 10, 2023 at 6:45 p.m. UTC
Jan 10, 2023
PodcastsMarkets DailyBitcoinInflationJerome PowellSOLSolanaEthereum
Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)
Markets
Markets
Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.
Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)
By Will Canny
Jan 10, 2023 at 11:53 a.m. UTC
Jan 10, 2023
Marketsshort liquidationLidoSolana
(Shutterstock)
Markets
Shiba inu
Bonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There's a Catch
A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.
(Shutterstock)
By Shaurya Malwa
Jan 10, 2023 at 11:20 a.m. UTC
Jan 10, 2023
Shiba Inumeme coinDeFiWeb3NFTSolanaBonk
Improving sentiment across markets catapulted the price of smaller, beaten-down tokens such as FTT, serum and aptos. (WikiImages/Pixabay)
Markets
Markets
Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
Traders liquidated some $245 million worth of short positions, according to Coinglass.
Improving sentiment across markets catapulted the price of smaller, beaten-down tokens such as FTT, serum and aptos. (WikiImages/Pixabay)
By Krisztian Sandor
Jan 9, 2023 at 10:09 p.m. UTC
Jan 9, 2023
MarketsTradingInvestingAltcoinsFTTserumSolana
Y00ts NFT collection (Magic Eden)
Web3
Web3
Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains
DeLabs, the company behind the NFT projects, received a non-equity grant from the layer 2 chain to fund its expansion.
Y00ts NFT collection (Magic Eden)
By Rosie Perper
Jan 6, 2023 at 9:48 p.m. UTC
Jan 6, 2023
Web3NFTsy00tsDegodsSolanaPolygonEthereum
(Sean Benesh/Unsplash)
Consensus Magazine
Opinion
Solana vs. Polygon: A Developer’s Perspective
A look at the scalability, security and performance of two of the most popular smart contract blockchains, written by someone who has built on both and chose Solana for an upc...
(Sean Benesh/Unsplash)
By Tanner Philp
Jan 6, 2023 at 3:10 p.m. UTC
Jan 6, 2023
OpinionSolanaPolygonDevelopersScalability
Bonk, a Shiba Inu-themed token issued Dec. 25, has returned 2,220% to traders in the past week, with a 150% rise in the past 24 hours alone. (Payless)
Markets
Solana
Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000% for Solana Liquidity Providers
The meme coin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges.
Bonk, a Shiba Inu-themed token issued Dec. 25, has returned 2,220% to traders in the past week, with a 150% rise in the past 24 hours alone. (Payless)
By Shaurya Malwa
Jan 4, 2023 at 11:08 a.m. UTC
Jan 4, 2023
SolanamemeMarkets