Solana

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Bitcoin News / Bitcoin.com - 1 month ago

Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

Carrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285 million from the Drift platform in minu...

Bitcoin News / Bitcoin.com - 1 month ago

Shinhan Card Partners Solana Foundation to Pilot Stablecoin Payments

Shinhan Card has partnered with the Solana Foundation to explore stablecoin payments and hybrid finance models. The initiative reflects growing interest among traditional financial firms in blockchain-based infrastructure. Key Takeaways: Shinhan Card...

Bitcoin News / Bitcoinist - 1 month ago

Meta Picks Solana And Polygon For Creator Stablecoin Payouts

Meta has begun rolling out USDC payouts for select creators in Colombia and the Philippines, marking the company’s most concrete return to crypto payments since the collapse of its Libra and Diem ambitions. The feature uses Solana and Polygon as supp...

Bitcoin News / Bitcoin.com - 1 month ago

Circle Mints $500 Million in USDC on Solana as Weekly Issuance Tops $3.25 Billion

Circle minted $500 million in USDC on the Solana network on April 29, with the issuance being part of a week that saw Solana process $3.25 billion in fresh USDC supply. Key Takeaways: Circle minted $500 million in USDC on Solana, as flagged by onchai...

Bitcoin News / Bitcoinist - 1 month ago

Quantum-Proofing Begins: Solana Validators Trial Falcon Tech

Falcon-512 produces the smallest digital signature of any algorithm currently approved by the US National Institute of Standards and Technology — and that fact quietly drove one of the bigger decisions in Solana’s recent development history. T...

Cryptocoins News / The Cointelegraph ​ - 1 month ago

Solana clients Anza and Firedancer introduce post-quantum solution Falcon

Jump Crypto, the team behind Firedancer, said Falcon has the smallest signature among NIST standards, which could help preserve Solana’s high-throughput capabilities.Two of Solana’s most-used validator clients have implemented a test version of a new...

Bitcoin News / Bitcoin.com - 1 month ago

Solana Readies Quantum Defense With 3-Step Roadmap and Falcon Implementation

Solana’s two primary validator client developers have independently identified the same post-quantum cryptographic solution for the network, publishing working code on Github as blockchain researchers across the industry step up preparations for a fu...

Cryptocoins News / Blockchain  - 1 month ago

Solana (SOL) Prepares for Quantum Threats with Falcon Scheme

Solana (SOL) advances quantum-resistant cryptography with Falcon, ensuring preparedness for future threats while maintaining high performance. (Read More)

Bitcoin News / Bitcoin.com - 1 month ago

Western Union CEO Says Solana-Based Stablecoin USDPT Is Weeks Away From Launch

Western Union’s CEO and president, Devin McGranahan, has confirmed the company’s Solana-based stablecoin USDPT is in its “final stages” of preparation and expected to go live next month. Key Takeaways: Western Union CEO Devin McGranahan confirmed USD...