Solana Ramps Up For Paxos’ Stablecoin Expansion With NYDFS’s Positive Nod For January 2024 |

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In a significant development for the stablecoin industry, Paxos, one of the largest stablecoin issuers, has received regulatory approval to extend its product offering to the Solana (SOL) blockchain. The expansion, scheduled to launch on January 17, 2024, follows a directive from the financial regulator ordering Paxos to halt the minting of Binance’s BUSD tokens […]

Solana Announces Incubator Program To Catalyze Growth For Startups |

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Solana (SOL) Labs has recently unveiled its Incubator program. According to a recent announcement, the initiative aims to foster and support the development of startups building on the Solana network.  The program offers a range of resources and assistance to early-stage companies, including engineering support, go-to-market guidance, fundraising advice, and access to Solana’s ecosystem. Incubator […]

Lido Breaks Ties With Solana: SOL Staking Support Ends October 16 |

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Lido (LDO) on Solana (SOL), a prominent protocol within the Solana ecosystem, has recently decided to discontinue its operations over the coming months.  The announcement follows extensive discussions within the Lido decentralized autonomous organization (DAO) community and subsequent voting by token holders, resulting in the approval of the sunsetting process. Lido On Solana Announces Sunset […]