Tag: Solana

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Solana Struggles To Break Key Resistance After $5M Hack

Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful.  The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis Solana Daily…

LIVE URGENTE: inflação CPI EUA e impacto no Bitcoin hoje (BTC), ethereum (ETH) e criptomoedas

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io [ABERTURA RELÂMPAGO] Treinamento Revolução Cripto: ENTRE NO MEU GRUPO DO TELEGRAM SOBRE BITCOIN E CRIPTOMOEDAS: Sempre falo por aqui que a inflação nos EUA, o CPI EUA, e no mundo impacta diretamente Bitcoin hoje (BTC), Ethereum hoje (ETH) e outras criptomoedas. Então, é claro que eu não poderia deixar de fazer essa live urgente! Estamos de olho na movimentação do bitcoin hoje (BTC), e ethereum hoje (ETH), cardano ADA, solana criptomoeda, investimentos digitais, criptomoedas e altcoins. De forma geral, ainda não tivemos…

Solana Hot Wallets Suffer Ongoing Attack, Roughly $5M Stolen Thus Far

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We’re on the heels of cross-chain bridge Nomad suffering a demolishing hack earlier in the week, and now hackers are doubling down with an attack on Solana hot wallets mid-way through the week. On Tuesday afternoon, reports emerged of some sort of vulnerability that was taking advantage of Solana-based wallets. Approaching 24 hours later, there are still quite a bit of unknowns, and we’re approaching nearly $5M of hacked funds. Let’s take a look at what we do know so far. A Solana Scare Nearly 10,000 wallets across mobile users…

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

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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 cause.” Solana Investigates Massive Wallet Exploit, Root Cause of the Hack Is Still Unknown After the chain had halted on a few occasions in the past, Solana users are now dealing with an extensive wallet vulnerability that affected specific wallet software such as Phantom and Slope.…

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

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The cryptocurrency ecosystem has been rocked by a widespread exploit targeting Solana wallets that have been ongoing since Aug. 3. Phantom and Slope, two Solana-based wallet services, initially flagged the attack on their social media platforms, alongside a host of cryptocurrency influencers, blockchain analytic and security firms and victims of the hack as it continued to unfold. A handful of commentators noted that attackers had gained access to user private keys, as transactions were signed on the chain legitimately. Ava Labs CEO and founder Emin Gun Sirer estimated that more…

Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

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With Solana hitting the headlines for succumbing to a hack on Wednesday, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended that Solana (SOL) investors move their holdings over to their own exchanges as an immediate security measure. Numerous blockchain investigators and crypto investors flagged an alleged widespread private key compromise, allowing the attacker to steal native SOL tokens and Solana-compatible SPL tokens such as USD Coin (USDC) from Phantom and Slope wallets. However, the root cause of the attack remains a mystery as…

Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report

Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report. The findings come from an August 2 report sent to Cryptox by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase in monthly-active contributors, growing at a compound annual growth rate of 173% since January 1, 2018. Contributors are developers who push updates to code on GitHub, a code repository for computer programs. Ethereum was…

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Leading Solana NFT marketplace Magic Eden, accounting for over 90% of secondary NFT trades on the blockchain network, announced on Tuesday that it is expanding to the Ethereum blockchain. The expansion would enable Magic Eden to integrate Ethereum NFTs into its platform. The company said that such integration would enable it to provide the same “go-to-market” benefits for Ethereum NFT creators the same way it does for its Solana users. The platform aims to offer multi-chain solutions for both creators and collectors. This would enable creators to launch NFT projects seamlessly while…