Solana Labs, a blockchain technology company, has recently released a blog post outlining plans to address the balance between reliability and building a scalable and fast network. This comes in light of the issues that arose during last week’s 1.14 network update, which aimed to improve the network’s speed and scalability. The core engineers of Solana Labs…

Solana’s NFT project Underground Society has announced the opening of its Core Beta on March 7th, allowing users to buy and trade collections including DeGodsNFT, y00tsNFT, SolanaMBS, DegenApeAcademy, SmythsNFT, and GalacticGeckoSG. To gain access to the beta, users must hold two or more Underground Society (UGS) NFTs. ᴄᴏʀᴇ ʙᴇᴛᴀ ɪꜱ ɴᴏᴡ ᴏᴘᴇɴ ⚠️ ᴜꜱᴇʀꜱ ᴄᴀɴ…

The Solana network, a popular blockchain platform known for its high-speed transaction processing, has been experiencing a deep freeze that has caused a complete shutdown of activity on the network. Validators and developers have been working tirelessly to restore service to users, but their efforts have been hampered by a number of technical issues. On…

Venezuelan prosecutors have arrested 21 people in connection with a wide-ranging cryptocurrency-related corruption scheme on state oil company Petroles de Venezuela SA (PDVSA), according to Reuters. The expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen. The country’s attorney general has also issued arrest warrants for 11 more people….