The new solution is in response to concerns quantum computing will break any password Solana has unveiled a new feature called the “Winternitz Vault,” designed to safeguard cryptocurrency against potential threats posed by quantum computing. This innovative solution provides users with a robust security option to protect their funds, though it is not an automatic
The move increases the options travelers have for using their crypto holdings Travala, the cryptocurrency-friendly travel platform, has expanded its payment options by integrating Solana, a leading blockchain known for its speed and low transaction fees. On September 21, Travala’s CEO, Juan Otero, announced the partnership during the Solana Breakpoint conference in Singapore. This collaboration
PayPal is launching its stablecoin on Solana and will reportedly offer greater privacy PayPal announced on May 29 that its dollar-pegged PYUSD stablecoin, recently deployed on Solana, will provide customers with a new feature to make “confidential transfers” on the platform. According to a May 29 Solana blog post, the extension will authorize vendors to
The blockchain is dealing with validators who seem reluctant to keep the transactions moving Solana validators recently voted in a bid to reduce the latency of consensus “votes,” which could increase blockchain transaction speeds. Currently, the blockchain is suffering from slow processing times, brought on by the actions of some validators. The recommendation calls for
The hack compounded an already existing slowdown of activity on the platform Solana-based Telegram trading bot Solareum announced that it’s permanently suspending service after a recent security breach and citing insufficient funds. “It is with a profound sense of regret that we announce the closure of the Solareum project,” declared developers on the support channel
A sudden increase in traffic leads the cryptocurrency exchange to temporarily curb movements Cryptocurrency exchange Binance has suspended Solana network withdrawals due to an “increased volume of transactions.” According to a March 6 announcement, the company expects to find a solution and restart withdrawals on March 9. “Withdrawals on the Solana (SOL) network have been
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