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Solana
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month.
Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on Hex
BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.
Parrot Finance Starting PRT Token Buyback Next Week
DeFi protocol Parrot Finance is moving forward with an activist investor-led plan to phase out its governance token (PRT) and will begin redemptions on Monday. Parrot’s redemption program comes two years into the project’s unremarkable run on the Solana blockchain, where it has failed to catch fire despite raising over $90 million from investors. "The Hash" panel discusses what this suggests about the fate of the Parrot protocol and the state of DeFi at large.
Parrot Finance to Begin PRT Token Buyback on Monday, Capping Fiery Vote
Activist investors applied heavy pressure to Parrot’s developer team.
KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.
Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July
The large gains began following Ripple’s partial court victory over the SEC in the middle of the month.
Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield
Decentralized finance platform Credix opens a trade receivables lending pool with the Solana Foundation among the investors.
Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum
Larisa Barbu, COO of Exchange.art, told CoinDesk that the marketplace had planned to expand beyond the Solana ecosystem since its launch in 2021.
DeFi Project Parrot Holds Contentious Vote on Future of $70M Treasury
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
SOL, XRP Lead Crypto Market Slide as Bitcoin Slips Below $30K
Bitcoin is dipping under $30,000 even as broader traditional markets remain relatively unchanged. Tokens of some of the largest blockchains, such as Solana's SOL, fell as much as 8% in the past 24 hours, data shows. WisdomTree Head of Digital Assets Will Peck discusses his crypto markets analysis and outlook.