Saturday, April 20, 2024

Solana News

The Solana Lending DAO (Solend) overturns its decision to take over Whale Wallet as Whale Agrees to Move Funds

Solend's community approved a plan to acquire control of the whale's accounts earlier this week, then reversed course after decentralisation advocates opposed it, and is now considering a third proposal that will draw down borrowing limits so that borrowed positions exceeding $50M will be progressively liquidated.

Solana restarted following an outage caused by a surge of transactions

Validators of the Proof-of-Stake blockchain Solana completed a cluster restart at 11 p.m. EST on Saturday after the network was unable to reach consensus for nearly seven hours.

Solana NFT's