BitGo expands Solana staking with Marinade Native integration

BitGo announced today it has expanded its Solana staking program through a new integration with Marinade Native.  Marinade Native is a popular staking protocol developed by Marinade Labs. The move allows BitGo clients to stake SOL directly from their wallets without giving up custody, tapping into competitive rewards while supporting Solana (SOL) network decentralization. This action…

Read More

MagicBlock raises $7.5M to power on-chain games on Solana

MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana.  The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko.  The round brings MagicBlock’s total funding…

Read More

Solana Foundation to slash support for ‘validators in name only’ in a decentralization push

In an effort to increase decentralization, the Solana Foundation aims to cut “validators in name only,” which rely solely on the Foundation’s stake. Solana (SOL) is bringing changes that aim to overhaul how its staking delegation program works. On Wednesday, April 23, Ben Hawkins, head of the staking ecosystem at the Solana Foundation, revealed that…

Read More