Last week, millions of dollars were hacked from Solana’s ecosystem. While its blockchain wasn’t hacked directly, hackers were able to drain funds from Solana wallets. It’s still unclear exactly how …
Protecting cryptocurrency assets in wake of the Solana Wallet hack
Investors using "hot" or internet-connected crypto wallets on the well-known blockchain Solana came under attack from an unidentified bad actor shortly after cross-chain bridge Nomad became the target …
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Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint Eclectic. Sunny was the newest decentralized finance (DeFi) app to hit Solana during that blockchain’s …
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Is Solana Initiating Recovery Plan After Major Hack?
The global digital asset industry woke to another hacking incident in just two days. This time Solana (SOL) network came on the radar of the hackers. SOL prices have dropped by over 5% since the news …
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Ongoing solana attack targets thousands of crypto wallets, costing users more than $5 million so far
Nearly 8,000 digital wallets have been drained of just over $5.2 million in digital coins including solana’s sol token and USD Coin (USDC), according to blockchain analytics firm Elliptic. The Twitter …
OpenSea Debuts Solana NFT Launchpad to Lackluster Demand
In an apparent attempt to match rival Magic Eden’s feature set, OpenSea has rolled out its new launchpad feature for minting new Solana NFT projects. However, the leading NFT marketplace’s first drop …
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New Lawsuit Alleging That Solana Is A Security Could Have Big Implications For The Crypto Investment Landscape
A class action lawsuit has been filed against Solana Labs, a for-profit company working on the development of the Solana blockchain, in a California federal court last week accusing the company and …
In Second Largest DeFi Hack Ever, Blockchain Bridge Loses $320M Ether
Wormhole, one of the largest bridges between Solana and other blockchains, has been hacked for about $320 million, or 120,000 ether — making it the second largest DeFi hack to date. The …
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Solana Labs launches Solana Pay, a payments protocol for digital commerce
Solana Labs has launched a payments protocol called Solana Pay to let merchants accept crypto payments directly from consumers. With Solana Pay, merchants can accept the USDC stablecoin, Solana's …
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Solana’s network crashed this week, but developers say the DeFi altcoin is still on track to succeed as an alternative to ethereum
Michael Wagner has large ambitions for his blockchain-based multiplayer game, Star Atlas. He sees his beta-stage product where players explore outer space eventually morphing into a "metaverse," and …