Solana News

Solana News

Finance

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain.

Rachel Conlan is joining as strategy chief, while Jamal Raees will serve as general manager of payments (Solana Foundation)

Finance

Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion

Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.

Michael Weisz, new CEO of Kamino (Kamino)

Tech

Kalshi election data goes live on DoubleZero ahead of U.S. midterms

The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.

(Roibu/Shutterstock)

Web3

A $1.1 million crypto card hack crashed a neobank's token 49%

The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.

Plutus card being used contactless (CardMapr/Unsplash)

Tech

Solana vote to double disinflation passes by a hair in dramatic finish

Solana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narrowly passed.

(Solana logo)

Finance

South Korea’s top financial conglomerate team up with Visa to test stablecoin issuance and B2B settlements

Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.

Shinhan Financial's headquarters in Seoul. (Mobius6/Wikimedia Commons)

Markets

Solana ETFs extend growth streak to 5 days after year's biggest inflows

Monday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.

Solana co-founder Anatoly Yakovenko (CoinDesk)

Markets

Bitcoin holds $64,000 and solana leads gains amid 7% Korean chip stock slide

Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.

Crypto trading charts. (Rafael Minguet Delgado/Pexels)

Finance

Kalshi taps DoubleZero for Wall Street-style high-speed data feed

Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.

Lights blur as a car speeds forwards (Public Domain Pictures/Pixabay)