Solflare

Solflare

2026-08-24 14:52:23

Solflare Adds PhoenixTrade Perpetual Futures, Bringing Leveraged Trading Into the Wallet

Techub News reported that Solflare, a Solana wallet, has integrated PhoenixTrade’s perpetual futures trading function. Users can now access leveraged trading directly from the wallet interface. The move is described as an effort to increase participation across the Solana ecosystem, while the report says market sentiment remains cautious and the impact on SOL’s price is still uncertain. The item was attributed to Crypto Briefing.

890

Kulipa

2026-08-02 01:47:10

Kulipa shuts down over insolvency, halting stablecoin card programs for about 20 clients

Paris-based stablecoin card infrastructure provider Kulipa has stopped operating after what it described as solvency problems, abruptly disabling all cards tied to its platform and affecting roughly 20 wallet and fintech clients, including Solflare, Ready, Flutterwave, and nSave. The company had presented itself as a white-label infrastructure layer for crypto card programs rather than a direct consumer brand, and had said it issued more than 120,000 cards after launching its infrastructure in February 2025. Kulipa had also disclosed about $9.2 million in total funding across two rounds. Its $6.2 million seed round was led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures, completed in December 2025 and disclosed in April this year. Despite that funding and a leadership team with backgrounds at Mastercard, Spendesk, Google, WhatsApp, Nickel, Lemonway, and Binance France, the company shut down roughly seven months after its latest financing round. Public comments from partners show different risk profiles across client types. Self-custody wallet partners such as Solflare and Ready said user assets were safe because funds were only debited from users’ own wallets at the moment of payment. By contrast, custody-based fintech models can involve pre-funded balances. nSave said it was affected about a month earlier, gave users five days to spend remaining card balances or switch cards, and reported no losses.

2060

Kulipa

2026-07-31 02:40:48

Kulipa shuts down, disrupting card programs tied to about 20 crypto wallets

Paris-based startup Kulipa has abruptly ceased operations over debt repayment issues, according to The Defiant, triggering a halt in card programs used by roughly 20 crypto wallet and fintech companies. The disruption hit self-custody wallet Ready, formerly Argent, and Solana wallet Solflare, with card services suspended immediately for users. The report said user assets were not affected because both wallets use a self-custody model in which funds are debited from users’ wallets only at the time of spending. The shutdown came only about four months after Kulipa raised $6.2 million in a seed round co-led by Flourish Ventures and 1kx in April this year. The episode highlights how operational failures at infrastructure providers can interrupt consumer-facing crypto payment products even when underlying user funds remain untouched.

2030

Solflare

2026-07-29 11:36:02

Solflare adds Bridge feature for cross-chain transfers to Solana without connecting to a dApp

Solana wallet provider Solflare said it has launched Bridge, a new cross-chain feature backed by Aurora and Near Intents. The tool lets users pick a source chain, such as Ethereum, Bitcoin or Base, and choose which asset they want to receive on Solana, including tokens like SOL or USDC. Solflare then generates a dedicated permanent deposit address for that route. According to the company, users only need to save that address once and can reuse it for future transfers. The setup removes the need to reconnect a wallet to a dApp each time and avoids manually selecting a bridging path for every transaction. Solflare said the feature is now available across its web wallet, browser extension and mobile app.

1830

Solflare

2026-07-29 00:43:54

Solflare Card suspended after partner Kulipa halts operations over solvency issues

Solflare Card has been suspended after Kulipa, the card-issuing partner behind the product, stopped operating because of solvency issues, according to a post on X by Solflare co-founder Vidor. He said user funds remain safe because the card runs on an end-to-end self-custody model: charges are deducted directly from users’ wallets, with no need to preload funds or top up balances, and no customer assets are held by the issuer. Vidor also said the Solflare team had tried to help Kulipa find a buyer and explored ways to keep the service going, but those efforts did not succeed. A new version of Solflare Card is already in development and is expected to launch within weeks. The upcoming version will keep the same self-custody structure while adding Apple Pay, Google Pay, higher spending limits, and cashback features.

2430