{"id":93999,"date":"2024-09-20T05:49:45","date_gmt":"2024-09-20T09:49:45","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=93999"},"modified":"2024-09-20T05:49:50","modified_gmt":"2024-09-20T09:49:50","slug":"jupiter-exchange-acquires-blockchain-explorer","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/jupiter-exchange-acquires-blockchain-explorer\/","title":{"rendered":"Jupiter Exchange Acquires SolanaFM Blockchain Explorer"},"content":{"rendered":"\n

Solana-based crypto exchange<\/a> aggregator Jupiter has acquired blockchain explorer SolanaFM, supported by Etherscan.<\/p>\n\n\n\n

\"Jupiter
Jupiter Exchange Acquires SolanaFM Blockchain Explorer<\/figcaption><\/figure>\n\n\n\n

Jupiter, a decentralized crypto exchange aggregator based in Solana, has acquired SolanaFM, a blockchain explorer supported by Etherscan.<\/p>\n\n\n\n

The blockchain explorer, X, announced on Sept. 20 that it will concentrate on “10x-ing the data and infrastructure capabilities on Jupiter.” It also stated that the platform will continue to operate as usual.<\/p>\n\n\n\n

\n

FM x JUP

We\u2019re excited to announce that SolanaFM has been acquired by @JupiterExchange\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, @solana<\/use><\/svg><\/span><\/a>\u2019s leading decentralized exchange. pic.twitter.com\/pJ3LA8F8sp<\/use><\/svg><\/span><\/a><\/p>— SolanaFM (@solanafm) September 20, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

SolanaFM, introduced in 2021, offers consumers a comprehensive understanding of Solana's network data<\/a>, including transaction history, smart contracts, and token information.<\/p>\n\n\n\n

The explorer received $4.5 million in a seed funding round in 2022, headed by SBI Group's Digital Asset Opportunity Fund. Additionally, in December 2021, SolanaFM secured investments from a funding round led by Coinhako and Etherscan.

Jupiter Mobile, a mobile application that is fee-free and was developed in collaboration with MoonPay, was also disclosed in conjunction with the acquisition.<\/p>\n\n\n\n

Although the app's launch date is currently unknown, it will facilitate the use of credit cards, Apple Pay, and Google Pay, to enhance user accessibility. Jupiter's token<\/use><\/svg><\/span><\/a> experienced an 11% increase in value after the announcement, reaching a high of $0.87.

Jupiter is confronted with security concerns during the acquisition and product launch. In August, the exchange issued a warning to users regarding a malicious Chrome extension known as “Bull Checker” that was specifically designed to target Solana users.<\/p>\n\n\n\n

Jupiter identified this extension after conducting a comprehensive investigation into user complaints, underscoring the ongoing risks in the ecosystem as Jupiter expands its services and market presence.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana-based crypto exchange aggregator Jupiter has acquired blockchain explorer SolanaFM, supported by Etherscan. Jupiter, a decentralized crypto exchange aggregator based in Solana, has acquired SolanaFM, a blockchain explorer supported by Etherscan. The blockchain explorer, X, announced on Sept. 20 that it will concentrate on “10x-ing the data and infrastructure capabilities on Jupiter.” It also stated […]<\/p>\n","protected":false},"author":36,"featured_media":94002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[16997,19668],"class_list":["post-93999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blockchain-explorer","tag-jupiter-exchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/Jupiter-Solana-Airdrop.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=93999"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/94002"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=93999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=93999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=93999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}