News Explorer — Solana Foundation: No Downtime Since February

Generated by AI, curated by humans

Jul 20, 7:35 pm

Decrypt

Solana Foundation: No Downtime Since February

The Solana Foundation has released a network performance report showing significant improvements since October 2022. The report highlights changes made following a major disruption in February and emphasizes the role of external developers and auditors in examining upgrades. The Foundation claims that the network is now better equipped to handle high traffic and has implemented state compression to reduce costs. Despite challenges such as the SEC labeling SOL as a security and a decline in NFT sales, the Foundation remains optimistic about the future of Solana.

The Solana Foundation has released a network performance report showing significant improvements since October 2022. The report highlights changes made following a major disruption in February and emphasizes the role of external developers and auditors in examining upgrades. The Foundation claims that the network is now better equipped to handle high traffic and has implemented state compression to reduce costs. Despite challenges such as the SEC labeling SOL as a security and a decline in NFT sales, the Foundation remains optimistic about the future of Solana.

Latest

Dec 19, 10:41 pm

Decrypt

Sen. Cynthia Lummis, a Key Crypto Advocate, Will Not Seek Reelection

Sen. Cynthia Lummis, known as the "Bitcoin Senator" for her crypto advocacy, announced she will not seek reelection due... Read Summary

Dec 19, 10:05 pm

Decrypt

Brooklyn Resident Charged With Stealing $16 Million in Crypto From Coinbase Users

Ronald Spektor, a 23-year-old Brooklyn resident, was charged with stealing $16 million in cryptocurrency from around 100... Read Summary

Dec 19, 9:53 pm

Decrypt

SEC Files Settlement Agreements for Former FTX Executives

Proposed settlement agreements were filed by the SEC for former FTX executives Caroline Ellison, Gary Wang, and Nishad S... Read Summary

Dec 19, 9:23 pm

Decrypt

Bomb Threat in South Korea Demanded Bitcoin Ransom From Hyundai Group

Two Hyundai Group buildings in Seoul, South Korea were evacuated due to a bomb threat demanding 13 Bitcoin as ransom. Th... Read Summary

Dec 19, 7:05 pm

Decrypt

Bitcoin Could Skyrocket to $1.42 Million by 2035: Analysts

Analysts predict a potential surge in Bitcoin's price to $1.42 million by 2035, with a bull case of $2.95 million. Facto... Read Summary

Dec 19, 6:03 pm

Decrypt

Federal Reserve Mulls 'Skinny' Payment Accounts for Crypto Banks

The Federal Reserve is seeking public feedback on its proposal for a "skinny" payment account, a modified version of mas... Read Summary

Dec 19, 5:46 pm

Decrypt

Stealka Malware, Found in Roblox Game Mods, Steals Data From Crypto Wallets

Kaspersky has discovered a new infostealer malware called Stealka, hidden in pirated mods for games like Roblox. This ma... Read Summary

Dec 19, 5:01 pm

Decrypt

Hyperliquid Is Decrypt's 2025 Project of the Year—Here's Why

In 2022, Jeff Yan witnessed Sam Bankman-Fried's FTX collapse, inspiring him to create Hyperliquid. Three years later, Hy... Read Summary

Dec 19, 4:14 pm

Coindesk

Citi's Top Crypto Stock Picks: Coinbase, Bullish and Circle

Citigroup's analysts, led by Peter Christiansen, remain bullish on digital assets stocks despite recent market declines.... Read Summary

Dec 19, 4:16 pm

Decrypt

Counterfeit Cash Scheme Targets Crypto Traders in South Korea, Using Fake Korean Won Bills

A criminal group in South Chungcheong province printed fake Korean won bills to scam cryptocurrency traders in face-to-f... Read Summary

Dec 19, 4:12 pm

Decrypt

House Republicans Urge Trump Admin to Reconsider Taxing Crypto Staking Rewards by Year's End

A group of 19 House Republicans is urging the Trump administration to repeal the 2023 IRS rule that taxes staking reward... Read Summary

Dec 19, 2:54 pm

Coindesk

Stablecoin Market Could Hit $600 Billion by 2028: JPMorgan

JPMorgan Chase & Co. predicts stablecoin supply may reach $500 billion to $600 billion by 2028, driven by crypto trading... Read Summary

Dec 19, 2:40 pm

DL News

World Liberty Financial's Plan to Use WLFI Tokens for Partnerships Divides Token Holders

World Liberty Financial's proposal to spend WLFI tokens on partnerships for its USD1 stablecoin has sparked mixed reacti... Read Summary

Dec 19, 2:28 pm

Decrypt

Bitcoin Could Rally to $170K in 2026, Analysts Say While Urging Caution

Bitcoin's recent stabilization around $84,000 after a selloff has analysts predicting a potential rally to $170,000 in u... Read Summary

Dec 19, 1:25 pm

Decrypt

Jump Trading Sued for $4 Billion Over Alleged Role in Terra Crypto Collapse

Jump Trading is being sued for $4 billion by the Terraform Labs plan administrator, alleging the firm profited unlawfull... Read Summary