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Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions

5.8.2022
The top 100 DeFi tokens had a mixed price action over the past week, with many seeing a downturn after some bullish action last week

The Fake Team That Made Solana DeFi Look Huge

5.8.2022
We already knew that crypto developers cannot always be trusted. But can we trust the data?

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

5.8.2022
Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move

Global Professionals Increasingly Interested In Bitcoin & Crypto Payments - Report

5.8.2022
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel. In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from...

Experts find private keys on Slope servers, still puzzled over access

5.8.2022
Blockchain analysis firms involved in Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen

Solana-hacked crypto could be claimed as a tax loss: Experts

5.8.2022
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts

Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App

4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...

Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally

4.8.2022
A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested...

Solana Blames Slope Wallet for Hack While Slope Says that 'Nothing is Yet Firm'

4.8.2022
The team behind the Solana (SOL) blockchain has tied the widespread hack that affected over 8,000 wallets and resulted in the loss of over USD 8m worth of funds to the closed-source Slope wallet. "After an investigation by developers, ecosystem teams, and security auditors, it appears affected...

Slope wallets blamed for Solana-based wallet attack

4.8.2022
Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets

Solana’s Latest $6M Exploit Likely Tied to Slope Wallet, Devs Say

3.8.2022
The source of the exploit appears to be linked to Slope allegedly storing private keys as plain text on a centralized server

Price analysis 8/3: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

3.8.2022
Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment

The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News

3.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News

Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...

Despite Crypto Downturn, Developers Continue Contributing to Web3 Communities

3.8.2022
Blockchain developers have maintained their contributions to Web3 communities despite the latest market downturn, with Ethereum (ETH) leading the way as the strongest and largest community, according to a recent report by VC investment firm Telstra Ventures. Per the report, blockchains developers’...

Solana wallets 'compromised and abandoned’ as users warned of scam solutions

3.8.2022
Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen

Hackers Target Solana Wallets amid Bearish Wave

3.8.2022
Solana reported a hacking attack that compromised over 8,000 wallets while writing this post. The hacking attack is believed to have stolen around $7 million in funds in SPL, SOL, and other tokens. Most of the wallets targeted by the hackers were inactive for at least six months. The news adds...