Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly

Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store DuopolyAnatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps. […]

Go to Source

Solana Integrates Filecoin to Enhance Historic Data Accessibility

Solana Integrates Filecoin to Enhance Historical Data AccessibilitySolana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of its data set while leveraging a decentralized solution like Filecoin. Solana to Integrate Filecoin to […]

Go to Source

Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees

Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing FeesSolana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC, with no payment processing fees associated. Solana Mobile Processed Over $20 Million in USDC Payments […]

Go to Source

Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8

Solana's Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana […]

Go to Source

Powered by WPeMatico

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain OptimisticFollowing the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project […]

Go to Source

Powered by WPeMatico

Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been CompromisedThe Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root cause.” Solana Investigates Massive Wallet Exploit, Root Cause of the Hack […]

Go to Source

Powered by WPeMatico

Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales

Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT SalesAccording to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting investors.” Law Firm Seeks Investors Who “Suffered Losses” From Yuga Labs Products The […]

Go to Source

Powered by WPeMatico