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Solana
Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon
The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.

Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds.

Solana Tokens or: How I Learned to Stop Worrying and Love the Points
Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out.

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.
