Lens
Blockchain Security
The massive Solana wallet exploit that began on Wednesday Hong Kong time is believed to be related to the Slope mobile wallet app, while there is no evidence to show the blockchain’s code was compromised, Solana said. See related article: Bitcoin, Ethereum little changed; Solana still lower after network hack Fast facts See related article: […]
Ningwei Qin
Bitcoin News
Solana fell 4% in Asia afternoon trading on Wednesday as reports surfaced of a hack that had drained thousands of wallets holding the token. Bitcoin and Ethereum edged higher, though U.S.-China tensions were a broader concern across all markets. Bitcoin traded at US$23,187 as of 4:30 p.m. in Hong Kong, up 1.47% in the prior […]
Timmy Shen
Blockchain Security
Approximately 7,767 wallets have been affected in the Solana exploit as of 1 p.m. Hong Kong time. Solana-based wallets Slope and Phantom are on the list, Solana said. See related article: Cardano users said to be indirectly affected by Nomad’s US$200 mln exploit Fast facts See related article: Waves community approves repayment plan for lending […]
Ningwei Qin
Bitcoin News
The cryptocurrency market continued its rally in afternoon trading in Asia on Friday, with Bitcoin and Ethereum up 4.4% and 5.7%, respectively, over the past 24 hours. See related article: Crypto continues tear while Vitalik Buterin says Eth2 ‘not priced in’ Fast facts Bitcoin was at one point changing hands above the US$24,000 mark in […]
Timmy Shen
Altcoins
Solana-based decentralized finance protocol Nirvana Finance was exploited in a flash loan attack for US$3.49 million on July 28, the firm announced in a Twitter post, causing its tokens to topple by more than 80%. See related article: C.R.E.A.M. Finance suffers $28M flash loan hack Fast facts Using flash loans on lending protocol Solend, the […]
Monika Ghosh
Altcoins
Solana on Thursday launched a Web 3.0 phone dubbed “Saga” in a move to tap into the burgeoning number of mobile phone users accessing digital assets. See related article: Solend DAO overturns vote to take over at-risk ‘whale’ wallet Fast facts The Android mobile phone by Solana Mobile, a unit of Solana Labs, is “tightly […]
Timmy Shen
Bitcoin News
Top blockchain and crypto news: Investors snowed in as liquidity crunch hits. Solend harpoons anti-whale maneuver. Chinese NFTs prove a tricky target.
Forkast.News
Altcoins
The decentralized autonomous organization (DAO) behind Solend, a Solana-based lending protocol, overturned Sunday’s governance vote that would have allowed it to take control of a wallet at risk of liquidation. See related article: Contagion risk from Three Arrows Capital weighs on Bitcoin, crypto Fast facts Solend DAO on Monday voted to overturn Sunday’s decision that […]
Ningwei Qin
Altcoins
Following another system outage on Thursday, Solana’s (SOL) market capitalization has continued to fall as Dogecoin (DOGE) and Polkadot (DOT) are hot on its heels to possibly bump it out of the crypto top 10 by market cap. See related article: Solana loses consensus after bots flood network, SOL takes hit Fast facts While the […]
Lachlan Keller
NFT Marketplaces
With over 1 million vendors, unique non-fungible token (NFT) sellers on the Solana blockchain hit an all-time high in May, outpacing unique buyers, according to data tracker CryptoSlam. See related article: Solana NFT sales drop by 21% after OpenSea integration Fast facts From April to May, the number of unique sellers grew by almost 170%. […]
Dylan Butts
