Solana launches new token functionality, but it still can’t scale
Solana unveiled a set of new token extensions, replacing the need to write custom smart contracts and enabling functionality like compliance, confidentiality, and interest.
Latest Solana News
Coins.ph eyes expansion in Europe and Latin America
The Philippines-based Coins.ph plans to expand further its global operations into Europe and Latin America, making its operation present in five continents. With this, the exchange hopes to double its user base in 2024.
Navigating the Web 3.0 world—Kurt Wuckert Jr. talks to 5 Goats podcast
CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. recently caught up with Brad Holland from the 5 Goats podcast to discuss the importance of Web 3.0, BSV blockchain's superiority, and more.
Mango Markets’ $110M fraud trial pushed to April 2024
Avraham Eisenberg’s trial was set to start in December, but his lawyers successfully argued to have the case pushed to April 2024 despite prosecutors’ objections.
Thoughts on current thing
Amid the drama befalling the ecosystem, remember, you are either reading the opinions of a sock puppet army hell-bent on control of Bitcoin or views from a reclusive member of a seedy underground economy.
FTX asset sale plan approved, Sam Bankman-Fried says he cannot tell a lie
U.S. Bankruptcy Court Judge John Dorsey has approved the plan by FTX Debtors to start selling roughly $3.4 billion worth of BTC, ETH, SOL and other tokens that were stranded on the digital asset exchange when it filed for bankruptcy protection.
JPEG Wars cross blockchain MMO shooter launches
JPEG Wars is a new take on MMO shooter games, with an aim to bring players from different chains together with only one goal: to have fun.
Public blockchains—the other option
Public blockchains also provide enterprise solutions despite its issue in scalability, and despite the popularity of private blockchains in businesses, it also has its fair share of woes.
Solana-based DEX Orca bans US users from trading in its platform
The Solana-based decentralized exchange noted that the U.S. would be joining the list of banned countries by March 31, giving affected users over a week to prepare for the changes.
NFT marketplace Magic Eden announces layoffs amid Solana’s 85% price dip
Magic Eden has laid off 22 members of its staff as part of a wider company restructuring after Solana’s value dipped 85% following the November FTX blow-up.
Mango Markets sues Avraham Eisenberg for $47 million in damages
The filing by Mango Labs accuses Eisenberg of a “brazen attack” involving conversion, fraudulent misrepresentation and unjust enrichment and seeks $47 million in damages, plus interest.
Scammers exploit NFT marketplace Magic Eden to sell fake NFTs
The exploit allowed the scammers to target popular collections like y00ts and ABC, making thousands of dollars; Magic Eden pledged to refund affected users.