Tag: Solana

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Leading Solana NFT marketplace Magic Eden, accounting for over 90% of secondary NFT trades on the blockchain network, announced on Tuesday that it is expanding to the Ethereum blockchain. The expansion would enable Magic Eden to integrate Ethereum NFTs into its platform. The company said that such integration would enable it to provide the same “go-to-market” benefits for Ethereum NFT creators the same way it does for its Solana users. The platform aims to offer multi-chain solutions for both creators and collectors. This would enable creators to launch NFT projects seamlessly while…

Solana Wallets Targeted in Latest Multimillion Dollar Hack

Some users suspect the hack could be related to transactions on Magic Eden’s Solana-based non-fungible token (NFT) marketplace, though the source of the exploit has yet to be confirmed. Magic Eden did not respond to CoinDesk’s request for comment, but tweeted a warning for users to revoke permissions from their wallet to avoid being attacked. Source

Solana Pressured To Register A Breakout – Can The Bulls Lift SOL This Week?

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The bulls are gaining dominance in the market with Solana generating gains of 5.14% or currently at 0.001863 SOL/BTC. The SOL price is pulled mostly by the bulls with a slight tug coming from the bears. With these gripping forces, the SOL price is stuck. Currently, the bulls are relentlessly pushing the price closer to SOL’s resistance level. The bulls are putting in tremendous efforts to punch in a breach or else the bears will consolidate and ruin their efforts to register a breakout. With the low price, it’s now…

Solana Appreciated After Latest Development, What Are The Next Trading Levels?

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Solana soared in double digits over the last 48 hours. The coin touched the $43 mark before it started to retrace on its chart again. In the last 24 hours, SOL just lost 0.1% of it value and stuck to its bullish price action. Owing to its recent development, Solana has displayed a price rally. Technical outlook of SOL was also bullish at press time. The altcoin witnessed an increase in buying strength. This has been influential in driving the price up. Solana has opened up permanent retail space in…

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Solana Spaces store to bring 100K people to Solana per month — CEO Vibhu Norby

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Solana Spaces CEO Vibhu Norby said the new physical Solana stores will introduce up to 100,000 people per month to the Solana ecosystem, while also signalling plans to open a virtual storefront in the near future. Utilizing a grant from the Solana Foundation, the first Solana Spaces shop opened in the swanky Hudson Yards New York shopping center on July 28.  Addressing the community in a impromptu Twitter AMA on launch day, Norby explained the store is meant to teach new users about how to use Dapps, and noted that…

Is Solana Leading Crypto Into Retail or Trailing Apple?

Last month, there was news of a “Solana Phone.” Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, said the network’s smartphone (officially called Solana Saga) was a way to bring crypto into the world of mobile computing. And maybe, just as the iPhone rapidly expanded internet use, a SOL Phone could bring people into crypto. Source