Bitcoin Breaks Above $30,000 as Ether, Solana Gain
Bitcoin (BTC) soared above $30,000 for the first time in nearly a year. This comes as ether (ETH) and solana (SOL) are seeing gains in token prices too. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Solana's Price Ticking Higher After Weekend Deep Freeze
Solana is rising higher in the last 24 hours after sluggish transaction processing spiraled into a near complete shutdown of activity on the protocol. The Solana Foundation says the root cause is "still unknown" and an investigation is underway. CoinDesk Managing Editor for Data and Tokens Danny Nelson discusses the latest developments.
Solana Mainnet Beta Restarted, Network Resumes Processing Transactions
Solana is slightly higher in the past 24 hours after a "significant performance degradation" over the weekend, freezing user transactions. The Solana Foundation says an investigation is underway into the cause of the outage and will be available shortly. CoinFund Managing Partner Seth Ginns discusses the outlook for the Solana ecosystem in the wake of FTX's collapse. Plus, insights into his investment thesis for the crypto markets and the need for a "thoughtful" crypto regulatory regime.
Coinbase Rolls Out Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana
Crypto exchange Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, providing easy and secure access to Ethereum, Optimism, Solana, and other blockchain ecosystems. "The Hash" panel discusses the launch in the latest move bringing a new wave of mainstream crypto adoption.
Ripple’s Crypto Predictions for 2023
Ripple's SVP of Global Customer Success, and Managing Director for APAC and MENA, Brooks Entwistle, joins "First Mover" to discuss the payment protocol's crypto and blockchain predictions for 2023, with a focus on the real-world utility from NFTs to CBDCs. Plus, the latest on the SEC lawsuit and Ripple's partnership with Solana and Global Blockchain Business Council to explore crypto-based solutions for climate change.
Solana-Based Token Bonk Inu to Mint NFTs on Magic Eden
Bonk Inu (BONK) will offer more than 15,000 non-fungible token (NFT) collectibles on Solana marketplace Magic Eden on Tuesday, and all the tokens used to mint these NFTs will be burnt afterward. "The Hash" panel discusses the NFT mint and the state of Solana as the network recovered from FTX's collapse.
Solana Surges as Memecoin Bonk Fires Up Community Interest
Solana's SOL token has been jumping in the past 24 hours, while other cryptocurrencies like bitcoin (BTC) and ether (ETH) are trading sideways. This comes as interest in the Solana community is swirling around the decision by the newly launched shiba inu-themed token Bonk (BONK) to do a large airdrop. "The Hash" panel discusses what this means for the ecosystem at large, as the token has faced recent selling pressure due in part to Solana's close links to Sam Bankman-Fried.
Solana Foundation Exec on FTX and Alameda's Impact on the Ecosystem
Sam Bankman-Fried was a prominent backer of Solana, and the token has faced recent selling pressure in the wake of FTX's collapse. Solana's Head of Strategy and Communications, Austin Federa, discusses the current state of the ecosystem amid lingering crypto contagion concerns.