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Solana DApps volume increased by 46% in a week — Is $180 SOL the next stop?
1.10.2024
An uptick in Solana’s network activity and upcoming project launches could send SOL price higher.
Solend expands DeFi horizons with Suilend on Sui Blockchain
13.3.2024
The team members of Solend, a DeFi lending protocol on the Solana blockchain, have delivered Suilend, its initial project beyond the Solana ecosystem. Suilend utilizes the DeFi knowledge of the team members differently, using the Move programming language and the potential and high level tools...
Solend launches Margin for leveraged trading via Jupiter Exchange
2.1.2024
Solend has announced the launch of Margin. The objective is to help users trade with leverage through Jupiter Exchange. Margin minimizes the efforts that users otherwise have to spend on borrowing and leveraging, long or short. It will now make it more convenient for tokens that the Solana-based...
What is Solend and how does it work
1.2.2023
Solend is a DeFi lending and borrowing protocol on Solana, noted for its high scalability and composability
SOL raises interest rates to overcome Solend liquidity crises
10.11.2022
Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades through Solana on Tuesday. In the wake of this week’s decline in the value of Solana’s...
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
10.11.2022
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
2.11.2022
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend...
DeFi Protocol Solend Struck by $1.26M Oracle Exploit
2.11.2022
Solana-based decentralized finance (DeFi) protocol Solend has suffered an exploit in relation to pricing oracles, resulting in $1.26 million in bad debt
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
7.7.2022
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker...
Crema hacker returns $8M, keeps $1.6M in deal with protocol
7.7.2022
The Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
3.7.2022
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions —...
Solana whale moves $25M of USDC debt from Solend to Mango Markets
22.6.2022
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more
Solend Says Whale at Center of Solana DeFi Controversy Starts Moving Funds
21.6.2022
A large wallet at the center of the governance drama started to move millions of dollars of cryptocurrencies this morning, Solend said in a tweet
Solend Puts Forward 3rd Proposal that Would Reduce Borrow Limit to USD 50M
21.6.2022
Solana (SOL)-based borrowing and lending service Solend has put forward yet another proposal in a bid to mitigate the threat of the whale wallets at risk of liquidation.
Called SLND3, the latest proposal would introduce a per-account borrow limit of USD 50m. It would also gradually liquidate...
Solend DAO is Increasing Voting Time and Invalidating SLND1
20.6.2022
Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the concerns by introducing SLND2 actively. The DAO released an official post informing community members...
DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
20.6.2022
Solana DeFi protocol Solend has passed a governance vote that will see voting times increased to one day
Solana-Based 'DeFi' Lender Solend Goes for Whale Hunting and Backpedals Instantly
20.6.2022
A new proposal put forward by Solana (SOL)-based borrowing and lending service Solend to disapprove the takeover of the protocol's largest account following huge backlash from the community has passed with an overwhelming majority of votes.
The new proposal, dubbed SLND2, asked to invalidate...
Solend invalidates Solana whale wallet takeover plan with second governance vote
20.6.2022
If Solend is unable to take over the account, some believe that it could cause a meltdown, driving Solana’s price to zero
Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powers’
20.6.2022
The Solana-based borrowing and lending service is going back to the ballot box
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
19.6.2022
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet