Hackers are disseminating malware that steals passwords using NFT airdrops that appear to be Solana wallet Phantom security updates. Anonymous hackers have been airdropping non-fungible tokens (NFTs) to Solana crypto users for the past two weeks while disguising their actions as a new Phantom wallet security update. However, it’s malware intended to steal their cryptocurrency,...Read More
The Solana blockchain-based decentralized finance platform Mango has been hacked for more than $100 million. Blockchain auditors OtterSec first posted about the attack on Twitter, claiming that “the attacker was able to manipulate their Mango collateral.” OtterSec’s Robert Chen said that the Mango governance token was worth far higher than it ought to have been....Read More
Currently in the Solana NFT market, the argument over NFT royalties is heating once more, and marketplaces that forgo creator royalties are attracting eager traders and gaining market share in a manner that they have not yet in the wider Ethereum NFT community. The dominant NFT marketplace on Solana over the last year has been...Read More
Anatoly Yakovenko, a co-founder of Solana, is aware that its consumers are concerned about its outages. But a fix for the network could be approaching. On the latest edition of the gm podcast, Yakovenko said that this has been the hardest problem for them, and the first priority. Since its introduction in 2020, the hybrid...Read More
1. Okay Bears Okay Bears is a collection of 10,000 pieces of clean NFT. Its slogan is “We are going to be okay.” Okay Bears’ blueprint is one feature that sets them apart with each component having a purpose. A workshop, a park, a gallery, a studio, a store, a platform, and a bear market...Read More
Traditional finance professionals are talking about portfolio margining. It requires a lot of hard work to improve the market. A decentralized project is undergoing to make Solana trading more appealing. OptiFi held a live options trading to encourage investors to speculate on the future cost of Solana, Ethereum, and Bitcoin. OptiFi is the first decentralized...Read More
Learn about the many aspects of Solana and Algorand to assist you in determining which one offers a better potential and greater opportunities for adoption. Solana Facts Anatoly Yakovenko, a computer engineer, created the Solana white paper in 2017, which marked the beginning of the project. Yakovenko recognized the difficulties of clockless blockchain systems like...Read More
With a joint initiative with tech company Nothing, Polygon is pursuing the Solana blockchain in introducing Web3 to smartphones. For its new Android-based Nothing Phone (1), Nothing has partnered with the Polygon network to deliver non-fungible tokens (NFTs). The NFT project, also known as “Nothing Community Dots,” works by airdropping tokens to Nothing community investors....Read More
When considering a blockchain, it is essential to analyze the performance. Is Solana the fastest blockchain? According to experts, Solana was designed to yield 710,000 transactions per second. But the actual test results during its launching in March 2020 are between 1,200 TPS and 2,500 TPS. Evidently, this blockchain is at its optimum performance and...Read More
Solana is one of the top cryptocurrency blockchains in the digital world of cryptocurrency, next to Bitcoin and Ethereum. Investors who have been investing within Ethereum’s blockchain have been seen to be entering the blockchain of Solana. This is because the blockchain has been gaining momentum in the NFT and DeFi ecosystems due to its...Read More
