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#validator
32 stories
Toncoin Surges 36% as Telegram Takes Control of The Open Network
Toncoin has surged over 36% in 24 hours, reaching a four-month high of $1.80, following Telegram's announcement to replace the TON Foundation as the main operator of The Open Network. Telegram's founder, Pavel Durov, also stated that transaction fees on the network would drop significantly, with many transactions moving towards a fee-less model, according to CoinDesk.
2 months ago·CoinDesk·Reported by Shaurya Malwa
Galaxy Reports $216 Million Loss in Q1, Eyes Data Center Growth
Galaxy Digital posts a $216 million loss for the first quarter of 2023, citing a year of transition for crypto. CEO Mike Novogratz expresses optimism about impending growth in their data center segment, expecting improvements in revenue by the second quarter, according to The Block.
2 months ago·The Block·Reported by Kyle Baird
Solana Prepares for Quantum Computing Threats
The Solana Foundation discusses its proactive stance on quantum readiness, preparing for future risks posed by quantum computing to blockchain security. With work from validator client developers Anza and Firedancer, Solana aims to adopt post-quantum digital signatures, ensuring the network remains secure even as the technology evolves.
2 months ago·Solana Foundation Blog
Curve Founder Suggests New Model for DeFi Bad Debt Recovery
According to The Block, Curve's Michael Egorov has introduced an innovative market-based approach to address bad debt recovery in DeFi lending, especially following the recent KelpDAO incident.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Western Union Set to Introduce Solana-Based Stablecoin and Card
Western Union announces the upcoming launch of its USDPT stablecoin on Solana, intended for agent settlements as an alternative to SWIFT. This initiative aims to enhance payment efficiency in the remittance sector, marking a notable shift towards blockchain technology. (Source: Decrypt)
2 months ago·Decrypt·Reported by Decrypt Agent
Lido's Proposal to Address Kelp Exploit Loss
Lido has proposed the allocation of up to $5.8 million in staked ETH to cover the losses from a recent Kelp DAO exploit, according to The Block. This follows a significant breach that resulted in around $292 million being compromised from the rsETH bridge.
2 months ago·The Block·Reported by RT Watson
Solana Foundation Enhances Ecosystem Security Initiatives
The Solana Foundation is launching new security initiatives to strengthen its ecosystem, including a comprehensive program named STRIDE, in response to growing security threats. This effort includes enhanced evaluation, monitoring, and resources for projects, ensuring a safer environment for developers and users alike (Solana Foundation Blog).
2 months ago·Solana Foundation Blog
Input Output Adjusts Cardano Treasury Strategy Before Leios Mainnet Launch
Input Output has proposed a revised plan for the Cardano treasury as it gears up for the upcoming Leios mainnet launch, which remains under development. The adjustment is integral to its roadmap and reflects ongoing efforts within the project, according to The Block.
2 months ago·The Block·Reported by Kyle Baird
Solana and Fireblocks Launch Institutional Treasury System
Solana and Fireblocks introduce a new integrated treasury infrastructure designed for enterprises, as reported by the Solana Foundation Blog. This system combines Solana's high-performance blockchain capabilities with Fireblocks' security features, enabling businesses to manage digital asset portfolios with increased efficiency and lower costs.
2 months ago·Solana Foundation Blog
Volo Protocol Hacked, $3.5 Million Lost in Recent Exploit
Volo Protocol suffered a security breach, resulting in a loss of approximately $3.5 million from three vaults holding various digital assets. As DeFi struggles with security issues, Volo has frozen remaining vaults and is working with the Sui Foundation to secure the rest of its funds, highlighting ongoing challenges in the sector (CoinDesk).
2 months ago·CoinDesk·Reported by Omkar Godbole
Solana Foundation Delegation Program's Evolution
The Solana Foundation Delegation Program (SFDP), initiated in November 2020, has transitioned over time to bolster validator independence amid increasing external participation. Recent revisions aim to further decrease reliance on Foundation support, promoting a more decentralized network, as reported by the Solana Foundation Blog.
2 months ago·Solana Foundation Blog
Solana's Upcoming Network Upgrades Outline Key Features
The Solana Foundation outlines major upcoming network upgrades designed to enhance scalability and utility. Key improvements include Vote Account V4 and reductions in account rent, expected to streamline operations and lower costs for developers and users alike (Solana Foundation Blog).
2 months ago·Solana Foundation Blog
Solana Ecosystem Report: February 2026 Highlights
The Solana Foundation Blog details significant growth in the Solana ecosystem despite global economic downturns. February saw institutional adoption rise, with major banks engaging with the Solana network amidst a backdrop of market liquidations prompted by tariff hikes.
2 months ago·Solana Foundation Blog
Kelp DAO Hack Highlights Vulnerabilities of Crypto Bridges
The recent $292 million exploit of Kelp DAO underscores the persistent vulnerabilities of crypto bridges, as reported by CoinDesk. Structural issues, including reliance on trusted intermediaries, leave these systems exposed to attacks, suggesting a need for a fundamental reevaluation of bridge architecture.
2 months ago·CoinDesk·Reported by Margaux Nijkerk