Tag: Solana

IMPACT DU MERGE POUR ETHEREUM & LE MARCHÉ CRYPTO & BITCOIN !

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Who Shines Brighter? Solana Beats Ethereum In This Key Area

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Solana fell into a four-month low of $28.35 during the early morning of October 13, plummeting below the $30 marker again for the first time since June 13 when it changed hands at $28.19. Although the altcoin is not just the only one that suffered as many other cryptocurrencies including pack leaders Bitcoin and Ethereum painted their charts in red, SOL was hit the hardest. The crypto, however, was able to trim its losses, moving back above the $30 range. At press time, tracking from Coingecko shows the asset is…

Solana Fails To Hold $30 Support, How Cheap Will Solana’s Price Be?

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SOL price struggles as $30 support failed to hold, with many buyers sweating on their open SOL position.  SOL price breaks below 50 and 200-day Exponential Moving Average; the price continues its range around the $30 mark.   The price of SOL could restest $24-$16 if the price maintains a bearish structure.  The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price…

Cómo la manipulación de mercado llevó a un exploit de US$100 millones en el exchange DeFi de Solana Mango

En total, el perspicaz trader usó más de 10 millones de USDC para retirar más de US$116 millones desde Mango pagando comisiones mínimas y haciendo todo lo permitido dentro de los parámetros del diseño de la plataforma. Mango no fue hackeada, funcionó exactamente como debía, y un trader ingenioso, aunque con intenciones nefastas, logró arrancar la liquidez de los tokens. Source

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$100M drained from Solana DeFi platform Mango Markets, token plunges 52%

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The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Solana (SOL) based decentralized finance (DeFi) exchange Mango Markets has been hit with a reported exploit of over $100 million through an attacker manipulating price oracle data, allowing them to take out under-collateralized cryptocurrency loans. The exploit was first identified by blockchain security firm OtterSec which tweeted the exchange had been drained of over $100 million due to the attacker manipulating…

Solana Forms A Bilateral Signal For Traders, Will Price Hold Above $30?

SOL price continues to trend downwards as price remains bearish with price trading on key support.  SOL trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.  The price of SOL needs to break and hold above the key resistance of $45 to resume bullish price movement.  The price of Solana (SOL) continues to struggle to discover its bullish trend as the price fails to break the key resistance of $35 against tether (USDT). The previous weeks saw the crypto market cap as good as…

Fake Solana wallet security update is trying to steal your crypto: Reports

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Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates. For the last two weeks, unknown hackers have been airdropping nonfungible tokens (NFTs) to Solana cryptocurrency users masquerading as a new Phantom wallet security update, however, instead of an update, it’s malware designed to steal their crypto. According to BleepingComputer, the hackers are claiming to be from the Phantom team and using NFTS titled “PHANTOMUPDATE.COM” or “UPDATEPHANTOM.COM.” After opening the NFT, users are told a new security update has been issued for the…