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Crypto

Fake Solana Phantom Security Update Is A Malware That Steals Crypto

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,...
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Solana Trading Platform Mango Suffers From A $100 Million Hack

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....
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Magic Eden’s Market Share Drops Due To Solana NFT Traders Rejecting Royalties

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...
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Solana To Have ‘Long-Term Fix’ For Network Outages

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...
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4 Most Profitable Solana NFT Projects in 2022 That You Don’t Want to Miss

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...
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Top 3 DeFi Projects Built On Solana

Raydium Being able to source liquidity—cash reserves that may be utilized to ensure that traders can complete their orders as closely to their preferred price as possible—is one of the major issues in DeFi. It’s excellent to have decentralized exchanges that are quick and inexpensive to operate. The “cambrian explosion” of DeFi of Solana is...
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Solana Wallet Phantom Releases New Burn Function To Counter Spam NFTs

Phantom, a wallet provider based in Solana, has introduced a new burn function that enables users to delete spam non-fungible tokens (NFTs) supplied by fraudsters. The new function, which users can access through the Burn Token tab in the Phantom wallet app, allows them to earn a little deposit of Solana (SOL) every time they...
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Solana Prediction: May Go To “Zero” Based On Technical Analysis

Famous Ethereum supporter and Solana critic Evan Van Ness said that the “Ethereum killer” may reach zero since other users’ technical analysis predicts another 82% decline from the present price returning to values from 2021. The analyst provided his assessment of the future movement of the asset using the SOL three-day chart, matching it with...
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Slope Wallet Cyberattack Incident: Update

A cyberattack emptied 9,231 wallets of roughly $4.1 million worth of assets starting on August 2, 2022, at 22:37 UTC and lasting for almost 4 hours. On-chain transactions demonstrate that the hacked or leaked private keys for the affected wallets were used to sign fraudulent transactions. The Slope wallet apps for iOS and Android by...
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Solana Projects Collaborate To Standardize Cross-Chain Messaging

Via open-sourced standards, a group of Solana blockchain-based systems is aiming to standardize crypto messaging in the hopes of breaking the data silos that exist across different projects and chains. The “Open Chat Alliance” was launched on Tuesday with support from 19 Solana projects, such as Notifi Network, a messaging network, Bonfida, a supplier of...
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