New Solana Feature Allows You to Make Transactions in Any Website | Key Points | June 26, 2024

GM. Welcome back to BitPinas Key Points: easily digestible news in concise formats for easy reading. In today’s recap, let’s check out the new innovation from Solana.

Here are the latest crypto news stories in the last 24 hours.

Market Analysis and Updates ????

Crypto Price Update

Here are the crypto highlights of the day:

• Bitcoin (BTC): $61,916, up 2.6% over the last 24 hours.
• Ethereum (ETH): $3,402, up 1.9% over the last 24 hours.
• Solana (SOL): $137, up 4.8% vs the previous day.

Trending Coins Update

• Gigachad: $0.0028, up 46.2% vs the previous day.
• MAGA Hat: $0.0004, up 47.7% over the last 24 hours.
• Turbo: $0.0052, down 5.1% vs the previous day.

For the daily price update, check out our post on Facebook.

???? Watchlist: gm! Crypto Podcast Episode 4

Missed out an early episode? This Wednesday, we are re-airing episode 4 of gm! Crypto Podcast! Tune in and catch up on all the insights you might have missed! Luis Buenaventura (GCash), John Sedano (YGG), and Jared Dillinger (Gala Games) discussed the following:

• Web3 Reputation
• YGG Protocol
• FTX co-founder jail time
• The Bitcoin Halving

Watch the episode herehttps://fb.me/e/4eWWZzi1L!

Feature News: New Solana Feature Allows You to Make Transactions in Any Website

The Solana Foundation has launched Solana Actions and blockchain links (blinks) to make onchain transactions easier.

Why it matters: These new tools make it simpler for websites and apps to use blockchain, making digital transactions more user-friendly.

How it works:

• Solana Actions: Lets users do blockchain transactions directly from websites, social media, or QR codes.
• Solana Blinks: Turns these actions into links, so any URL can start a blockchain transaction.

Here’s a video explanation:

Key point: By making blockchain easier to use, Solana hopes to attract more people who aren’t tech experts.

What’s next: Businesses and developers can start using Solana Actions and blinks now, with support available.

Philippine Crypto News ????????

• ReQuest, an online ticketing platform built on Solana, wins big at the Solana Summit in Malaysia.

• SuperteamPH conducted an After Summit Community Meetup after the conclusion of the Solana Summit APAC 2024 in Malaysia.
• Florin Hilbay’s Basta Bitcoin Podcast Episode 6: Inflation, Government Spending, & Bitcoin was recently released.

• BreederDAO wins at CCP Games’ web3 gaming hackathon.
• Coins.ph is currently doing a giveaway of 20 limited edition Zen Card packs through its collaboration with Zen Card and Coins 98.

Educational Corner ????

Regulation Watch ????

Stay informed about the latest regulatory updates and what they mean for you:

• Hong Kong’s Legislative Council has established a subcommittee to address crypto and Web3 issues.
• The European Union’s latest sanctions package against Russia mandates crypto firms to scrutinize 2,200 Russian entities, preventing financial services for Russia’s military and banning crypto transactions related to replenishing Russian arms supplies.
• Brazil‘s current account deficit is expected to shrink significantly starting next month as crypto asset purchases will no longer impact the trade balance, following a methodological change by the IMF. 
• Coinbase faces potential regulatory scrutiny for its handling of accounting metrics under new FASB rules.

Community Spotlight ????

Meet Ismael Jerusalem: He is the the CEO and founder of Ownly, a company focusing on on-chain gaming.

• He is also a frequent guest in the BitPinas Webcast, one of which was episode 24 where he discussed how the country can move up the crypto adoption index again.
• Recently, Jerusalem also shared the Ownly’s next plans going forward this year.

Check out other articles about Ownly here.

More Web3 and AI News ????

Discover the latest in web3 and AI innovation.

• Taurus has expanded its digital asset custody and issuance services to the Stellar network, enabling financial institutions to tokenize and manage assets efficiently.
• Kraken’s institutional derivatives arm, Kraken MTF, partnered with Copper’s ClearLoop settlement network to provide institutions with off-exchange connectivity and single wallet access to major crypto exchanges.
• Allora Labs raised $3 million to support the mainnet launch of its decentralized AI network, bringing its total funding to date to $35 million.
• Matter Labs has unveiled ZKsync 3.0, featuring an “Elastic Chain” designed to interconnect multiple chains within its network akin to Polygon’s AggLayer.

Web3 Gaming Section ????

The future of web3 is gaming, and here are the latest news.

• W3Expo 2024 is set to return to Istanbul on August 13-14 at the Hilton Istanbul Bomonti as part of Istanbul Blockchain Week; it will highlight web3 gaming.
• Telegram web3 game Monorix will launch its MRX token on BingX on June 28, 2024, enabling players to engage in Monopoly-style gameplay integrated with blockchain technology.
• CropBytes, a web3 gaming studio, launched CropBytes Conquest, a PvP battle strategy game set in Nova Island.

Event Announcements ????

Don’t Miss Out: Upcoming events, webinars, and meetups in the crypto space!

Noteworthy ????

Key updates and announcements from around the crypto and blockchain world:

• JPMorgan reported that investor interest in the bitcoin mining sector is growing.
• Former President Donald Trump is in discussions to speak at Bitcoin 2024 in Nashville, according to Axios.
• Alex Lab, a Bitcoin DeFi protocol, reported a $4.3 million exploit in May 2024, attributing the attack to the Lazarus Group, a cyber-hacking entity linked to North Korea.

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This article is published on BitPinas: New Solana Feature Allows You to Make Transactions in Any Website | Key Points | June 26, 2024