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Solana
Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment
A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.
Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack
The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange.
Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout
FTX founder Sam Bankman-Fried was a prominent backer of the network.
Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos on Exchange
The foundation addressed the fallout of the FTX debacle in a blog post.
FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster
Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire.
Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?
The token, grappling with the market contagion, is down 4% in the past 24 hours.
Solana’s SOL Surges After Blockchain's Foundation Delays Plan to Unstake Tokens
A record amount of SOL was unstaked as investors reclaimed their tokens from the blockchain's security mechanism. But it could have been a lot more. The SOL price jumped 27%.
Trust Is Gained Over Time but Lost in an Instant: Analyst
Tokens related to cryptocurrency exchange FTX, including FTT and Solana (SOL), have fallen sharply amid contagion fears. Citi Digital Asset Analyst Joe Ayoub said "that's largely because of a lack of trust from users in these projects that are related to Sam [Bankman-Fried]."
