Solana


Finance

Crypto Options Trading on Solana Has Mostly Fizzled. A New DEX Has a Plan to Change That

OptiFi went live Monday, bringing portfolio margining to the Solana options trading ecosystem.

OptiFi's pseudonymous developer Pentameal at work. (Danny Nelson/CoinDesk)

Finance

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet

Investors in the seed funding round included Coinbase Ventures, FBG Capital and YCombinator.

Cashmere co-founders Charlotte McGinn and Shashank Khanna (Cashmere)

Finance

Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation

The website “toggled off” double-counting after CoinDesk uncovered one Solana developer’s effort to fool the all-important metric for popularity in DeFi.

Saber's chart on DeFiLlama (DeFiLlama)

Opinion

The Fake Team That Made Solana DeFi Look Huge

We already knew that crypto developers cannot always be trusted. But can we even trust the data?

A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)

Finance

Crypto’s Future Depends on Security, Ledger Exec Says

Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover” to discuss Solana’s $5 million exploit and what crypto needs to do to broaden adoption.

A hardware wallet (Hendrik Morkel via Unsplash)

Videos

How 2 Brothers Faked a Defi Ecosystem Using Anonymous Personas

A CoinDesk investigation revealed how the Macalinao brothers used a web of bogus identities to create the illusion of a developer community, juicing value on the Saber protocol and Solana blockchain. CoinDesk Deputy Managing Editor Tracy Wang discusses the key takeaways and the impact on the future of DeFi.

Recent Videos

Layer 2

Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem

The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving to Aptos.

Ian Macalinao, one of the Saber brothers (Danny Nelson/CoinDesk)

Videos

US Crypto Bill Pile Up; Philippines Binance Warning

Senate proposal suggests responsibility for Bitcoin and Ethereum should lie with the CTFC. Philippines’ SEC warns public not to invest with Binance. Solana blames Slope mobile wallet app for exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

BTCS CEO: Ethereum Could be Crypto’s ‘Silver Lining’

Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential factors behind the ETH rally and its impact on the overall markets. “I think Ethereum could definitely be a silver lining here,” Allen said.

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