Hardhat Chad Proposes Rewards to Tackle Solana’s Congestion
Hardhat Chad, the Ore project’s creator, proposed that the Solana Foundation implement a reward system to encourage testnet activity and decongest the network. The Solana network encountered this recommendation following a week of congestion and a transaction failure rate of up to 75%. Hardhat Chad stated in a post on the social media platform X […]
Solana Users Urged to Revoke App Permissions Amid Drain Attack
Solana is allegedly facing large-scale drain attacks tied to meme coins, with developers urging users to secure assets by revoking app permissions. They advise users to protect their assets by removing permissions from their apps. There have been multiple claims of financial losses due to illegal access, purportedly stemming from a wave of drain attacks […]
Vitalik Buterin Expresses Dismay Over Ongoing Memecoin Frenzy
In a recent post on X, Ethereum co-founder Vitalik Buterin expressed profound dismay over meme coins, igniting a compelling narrative and international attention. Meme tokens such as DOGE, SHIB, and WIF have recently experienced significant price increases. However, market sentiment was contradicted in a post by Vitalik, which outlined numerous reasons meme currencies are regarded […]
Presale Address for Unnamed AI Project Amasses $33M SOL
In less than an hour, an early presale address for an unnamed artificial intelligence (AI) -focused project on Solana amassed more than $33 million worth of Solana’s (SOL) tokens. With a 24-hour early investor window, on-chain investigator Dexter published the presale information for the unnamed AI project on X on March 18. The user expressed […]
Aphone App Launches on Solana to Revive Old Devices
A new virtual smartphone application, Aphone, has launched on Solana’s blockchain and will use Aethir’s decentralized cloud infrastructure to revive old mobile devices with obsolete hardware. Users of mobile devices in developing nations and those with obsolete hardware may utilize a novel virtual smartphone application that operates on Solana’s decentralized cloud infrastructure and blockchain. The […]