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According to the website Realms, there’s about $89 million in the Mango DAO treasury, but most of that is denominated in MNGO tokens, and the market for those might not be liquid enough to sell them quickly and easily. Project insiders say that the main source of funding would likely
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The past week has painted a vivid picture of shifting investor sentiment worldwide. While Bitcoin and the broader cryptocurrency market witnessed a
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Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out. Source
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The Solana price experienced notable gains in mid-June, but a recent correction phase has pulled it down to $22, which has found
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Solana is attempting a fresh increase above the $25 resistance against the US Dollar. SOL price might continue to rise steadily toward the $30 zone in the near term. SOL price is showing positive signs above the $24 level against the US Dollar. The price is now trading near $25 and the
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Colombia-based fintech firm Clave and its affiliate Liquitech underwrite and originate the loans in Colombian pesos via a bankruptcy remote trust and pledge the receivables as collateral. The underlying private note is settled through the Credix platform in USDC stablecoin. CESCE Colombia, subsidiary of Spanish Export Credit Agency, insures the
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Solana game developer Automata (ATMTA) will undergo "a significant headcount reduction" to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise just 45 staff, compared to 235 in late 2022.According to the July 24 announcement on Discord, Michael Wagner, CEO and co-founder of ATMTA,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Solana Foundation reported 100% uptime since February, a significant improvement compared to last year’s outages. According to the performance report released on July 20, Solana improved uptime and the ratio of voting-to-non-voting transactions. Since Feb. 25, the
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Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation.On July 20, the Solana Foundation released its latest performance report stating it has improved the network through the first half
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"We are very excited for Cosmic Wire's Web3 infrastructure to be built on the Solana network," said Johnny Lee, general manager of games, entertainment, and media at Solana Foundation, in a press release. "Their metaverse SDK solutions significantly reduce development times of high-fidelity, 3D, browser-based metaverse experiences with e-commerce of
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