In brief Crypto analytics platform Nansen will integrate Solana in early 2022. The site is used for analyzing blockchain data for NFTs and DeFi on Ethereum and other platforms. Solana has rapidly risen as a rival to Ethereum for NFT collectibles and decentralized finance protocols alike, with a significant uptick in activity in recent months alongside a surge in the…
Crypto domain tool Ethereum Name Service may have only just launched its native ENS governance token on Monday, but already the tokens have hit a fully diluted market capitalization of $5.4 billion, according to crypto data aggregator CoinGecko. Fully diluted refers to the market capitalization if the total supply of ENS tokens were in circulation. ENS has a maximum supply…
Last night, Discord CEO Jason Citron shared a screenshot on Twitter of what appears to be a MetaMask wallet connectivity feature inside the popular messaging platforms user settings. Source: Twitter MetaMask is one of the crypto industrys most popular crypto wallets, boasting 10 million active users as of August this year. Discord currently doesnt support MetaMask, but the image has…
On Tuesday, the governor of Russia’s Central Bank, Elvira Nabiullina, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters report. Meanwhile, Russian lawmakers…
The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’ website, the organizers argue that blockchain is now providing digital artists with an opportunity…
In brief The wallet is only available on desktop. Phantom is planning a private beta release this year, with a full launch in January. Phantom, the popular cryptocurrency wallet and browser extension that allows Solana users to transact with DeFi protocols, says it is preparing to launch a mobile version of its wallet. Chris Kalani, chief product officer and co-founder…
The Solana ecosystem continues to steal the spotlight this year. Following its recent integration with Brave, the worlds third-most downloaded Internet browser, and last month’s record high of total value locked in Solana’s DeFi ecosystem, a developer team has just raised fresh funds to continue the momentum. Neon Labs has raised $40 million by selling its native NEON token to…
Singaporean central bank Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative. According to MAS managing director Ravi Menon, Singapores retail CBDC will be developed in partnership with private entities, which would be the digital equivalent of todays notes and coins. Speaking…
DeFi development firm Neon Labs has concluded a $40 million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on Solana, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market. The private sale of NEON tokens was led by Jump Capital, a Chicago-based venture firm, with additional participation…
Despite backtracking from its historical all-time high, SOL, the native token of the Solana blockchain network, is striving to cement its position as the worlds fourth most valuable cryptocurrency. Amid the overall crypto market surge, SOL has moved up to fourth place in the rankings. With a market capitalization of $75.02 billion, the asset is now above the industrys largest…
