Slope Wallet Promises 10% Bounty For Return of Community’s Stolen Funds

The Slope Wallet team has promised a 10% bounty to the anonymous hacker who compromised several thousand Slope users’ wallets earlier this week. In return, Slope would like the hacker to return the other 90% of the stolen goods.  A Promise of Safety In a statement on Friday, Slope called on the hackers to examine its bounty offer for the safe return of user funds. It offered a Solana address to which to send those funds, which is yet to…

Slope Wallets Take the Fall for Ongoing Solana Exploit

In recent days, the Solana network has been the victim of a widespread attack that has affected over 8000 user accounts. So far, the culprit behind the hack has drained wallets of more than $8M worth of crypto assets.  According to the Solana team, it appears only Slope wallets have been susceptible to the hacks so far. No Bugs On Solana’s End Solana’s security personnel claims to have identified the origin of the breach. In an update that went up…

Solana Liquidity Protocol Hacked for $8.7 Million

Crema Finance – a concentrated liquidity market maker protocol on Solana – has frozen operations following an $8.7 million exploit. The hacker has since transferred the funds to another platform, but he and his gains are still being tracked. Manipulating the Data Crema published a Twitter thread on Sunday explaining the technicals of the situation. Saturday’s hack was possible by creating a fake ‘tick’ account – an account that stores price tick data in Crema. Crema's design allows an owner…

Piqsol – The First Fractional NFT Marketplace on Solana

NFTs, or non-fungible tokens, herald a new decentralized and transparent asset ownership age. One of the primary characteristics that distinguish NFTs is their assured exclusive ownership. An NFT is not replicable or forgeable; it is, in essence, a one-of-a-kind token.  However, this exclusivity significantly restricts the use of NFT holders' assets. This has prompted entrepreneurs in the industry to push the boundaries of what is possible with NFTs, including fractional ownership alternatives.  Today's review is about Piqsol, a new initiative…

Opera Browser Integrates Solana, Polygon and Others for Users

Following the integration of some major blockchain ecosystems, active Opera users will now benefit from blockchain services and decentralized apps (dApps). Opera revealed earlier today that its Web3 browser will now support eight blockchain ecosystems. Solana, Polygon, StarkEx, and Bitcoin are among these ecosystems, as are IXO, Ronin, Nervos, and Celo. This innovation will also provide its consumers with easy access to blockchains and decentralized app solutions. The company touts Opera Crypto Browser as the world's first Web3 browser, with…

Ukraine Now Accepting Dogecoin and Solana Donations, Says Vice PM

Ukraine is collecting every digital asset it can get to financially support its defense against the Russian invasion. Having amassed millions of dollars in crypto already, the nation’s Vice Prime Minister has announced that they are now accepting Solana and Dogecoin contributions. With this, Ukraine has opened donation addresses for 6 different cryptocurrencies, with possibly more to come. Calling All Crypto Holders In a tweet on Tuesday, Vice PM Mykhailo Fedorov gave thanks to the Solana Foundation and staking platform…

REKT: $326M Hacked From Popular Ethereum-Solana Bridge

Yet another multi-million dollar hack has impacted the crypto ecosystem. This time, it's against Wormhole – a famous cross-chain bridge to bring non-native cryptocurrencies to other blockchain networks. Over $300 million worth of wETH were unfairly generated through a protocol exploit. This comes a month after Vitalik warned the crypto-community of the security flaws inherent with cross-chain protocols and intermediaries. Hours ago, Wormhole warned the community of a potential protocol to exploit over Twitter. The team put the network under…

Solana’s Phantom App Raises $109 Million, Launches iOS App

After reaching 2 million active users in just six months after launch, Phantom released more big news. The crypto wallet for Solana's ecosystem raised $109 million from investors while also launching an iOS app. The firm raised the money in a Series B funding round. Paradigm led the financing round, and a crypto/web3 focused investment firm valued the company at $1,2 billion. Earlier investors also participated, including a16z of Andreessen Horowitz, Variant Fund, DeFi Alliance, Jump Capital, and Solana Ventures. Phantom…

Solana Leads Recovery After Bank of America Endorsement

Solana led other significant cryptos in recovery after a powerful endorsement from a central U.S. investment bank. Its price rose over 7% in the last 24 hours. For comparison, Bitcoin, Ethereum and BNB rose less than 1% in the same period. Solana’s strong performance resulted from a powerful endorsement by a major player. Specifically, Bank of America covered Solana in a research note to its clients. The investment bank said Solana could become the "Visa of digital asset ecosystem" and…

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