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Solana Seeker Phone Users Can Claim SKR Token on Jan. 21
Solana Mobile said its highly anticipated SKR token will launch on Jan. 21, with Solana Seeker smartphone users in the running to claim up to 20% of the token via airdrop. Solana on Wednesday that SKR would launch on Jan. 21 at 2 am UTC, letting users delegate their tokens to “Guardians” who will secure the…
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MEV trading returns to court in Pump.fun class-action lawsuit
The lawsuit against the memecoin launch platform Pump.fun, Solana Labs, the Solana Foundation and Jito was amended to include new evidence over MEV trading practices. News COINTELEGRAPH IN YOUR SOCIAL FEED A US court is once again being asked to weigh in on maximal extractable value practices after a judge allowed new evidence to be…
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Jito Foundation to return to US amid ‘clearer rules’ for digital assets
Jito Labs’ CEO said the foundation was forced offshore due to hostile regulators under the previous SEC leadership. News COINTELEGRAPH IN YOUR SOCIAL FEED The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for digital assets in the country. Jito…
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SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE
It comes several months after the SEC issued a similar no-action letter to DoubleZero, seen as a significant regulatory milestone for DePIN projects. News COINTELEGRAPH IN YOUR SOCIAL FEED The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory…
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Coinbase, Figment broaden institutional staking beyond Ethereum
The expanded integration lets Coinbase Prime clients stake Solana, Avalanche and other proof-of-stake assets directly from custody. News COINTELEGRAPH IN YOUR SOCIAL FEED Institutional staking provider Figment has expanded its integration with Coinbase, allowing the exchange’s institutional clients to stake a broader range of proof-of-stake (PoS) assets directly from Coinbase Custody — a move that…
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Solana, Litecoin, Hedera ETFs to launch Tuesday: Analyst
Bloomberg analyst Eric Balchunas says exchanges have posted listing notices for Bitwise’s Solana ETF and Canary’s Litecoin and Hedera funds. News COINTELEGRAPH IN YOUR SOCIAL FEED Crypto markets may see another wave of exchange-traded fund debuts this week, with Solana, Litecoin and HBAR funds appearing in US exchange listings ahead of a potential launch on…
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Andreessen Horowitz’s a16z Crypto invests $50M in Solana liquid staking protocol Jito
The investment deepens a16z’s exposure to Solana’s liquid staking ecosystem as US regulators begin clarifying how such products fit into securities law. News COINTELEGRAPH IN YOUR SOCIAL FEED A16z Crypto, the blockchain investment arm of venture capital firm Andreessen Horowitz, has invested $50 million in Jito, a liquid staking protocol that underpins the Solana network.…
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Firedancer devs want to remove Solana’s block limit to speed up network
Jump Crypto has proposed removing Solana’s fixed compute block limit to prioritize high-performance validators to handle complex blocks over suboptimal validators. News COINTELEGRAPH IN YOUR SOCIAL FEED Web3 infrastructure company Jump Crypto has proposed removing Solana’s fixed compute block limit to strengthen network performance and incentivize validators with suboptimal hardware to upgrade. Jump, which is…
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VanEck files for JitoSOL ETF, opening pathway to Solana staking rewards
VanEck has filed to launch the first US ETF backed by a liquid staking token, JitoSOL, testing the SEC’s evolving stance on staking. News COINTELEGRAPH IN YOUR SOCIAL FEED The global asset manager VanEck has filed an S-1 registration statement with the US Securities and Exchange Commission(SEC) to launch the VanEck JitoSOL exchange-traded fund (ETF).…
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Ethereum transaction volumes see year-high amid SEC staking drama
Transactions on the Ethereum network have hit yearly highs as the SEC deliberates on how to classify liquid staking protocols. Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Transactions on the Ethereum network have reached a one-year high as the US Securities and Exchange Commission issues new guidance on staking. This comes amid historical highs in ;…
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