Search results for Solana Labs
Crypto
Uber early investor says sell half of bitcoin and buy Solana, Bittensor. Why?
Angel investor Jason Calacanis, known as an early Uber investor, argued that bitcoin holders should sell part of their holdings and move funds into other coins such as Solana and Bittensor (TAO). He said he would advise his brother to sell half of his bitcoin and invest the proceeds in projects delivering new products. His comments contrast with his past stance of keeping distance from Solana, while he has also criticised Strategy and Michael Saylor.
Crypto
Solana early whale wallet shows signs of 180,000 SOL theft, possible 21 billion won loss
About 180,000 solana tokens are suspected to have been siphoned from a large wallet believed to hold early distribution allocations, raising the possibility of a theft worth about 21 billion won. On-chain analysts said part of the funds appeared to have been bridged to the Ethereum network. Investigators are tracking the flow, citing staking withdrawals and bridging activity as key anomalies, while awaiting confirmation of the wallet’s owner and the destination of remaining tokens.
Crypto
Solana Labs CEO rejects Buterin-style blockchain self-reliance approach
Solana Labs CEO Anatoly Yakovenko has raised objections to Ethereum founder Vitalik Buterin’s argument that a blockchain should be able to sustain itself with minimal developer involvement. Yakovenko said Solana would disappear if it did not evolve continuously and must keep changing without relying on any single group or individual. He also said static blockchains would lose out in competition and stressed automated development using AI.