Tag: Solana

Solana says hackers exploited Slope wallets during the $7 million theft

As per the investigation, hackers exploited the Slope mobile wallet applications by inadvertently transmitting private keys to an application monitoring service. Solana added that there’s no evidence of any compromise in the network protocol or its cryptography. On Tuesday, August 2, blockchain platform Solana reported a major theft with thousands of SOL tokens stolen from […]

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Despite market slowdown, active contributors to Bitcoin, Ethereum and Solana on the rise

As per the report from Telstra, Ethereum has the “largest and strongest” developer community. In July, the number of monthly active contributors on Ethereum was 4x greater than Bitcoin’s 400 contributors and 6x greater than the 350 contributors on Solana. 2022 has been one of the most brutal bear markets in the history of crypto. […]

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Solana blockchain suffers major exploit, thousands of Phantom wallets compromised

Solana blockchain suffers major exploit, thousands of Phantom wallets compromised

Hackers have drained more than $6 million from over 7,000 wallets. Phantom has started investigations as SOL suffers a drop of 4 percent. The Solana ecosystem has suffered another vast crypto exploit based on multiple new reports. According to these reports, more than 7,000 Phantom wallets have been affected, with hackers draining more than $6 […]

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

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

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 was compromised.” Solana Status Report Says Affected Addresses Were at One […]

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Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally

Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally

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 in buying the dip and this highlights “their long-term […]

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Another Stablecoin Crash; This Time Its On Solana (SOL)

On July 28th, Solana-based decentralized finance protocol Nirvana Finance confirmed on twitter that it suffered a flash loan attack for USD 3.5 million which immediately led to the nosedive of its native token ANA and stablecoin NIRV. Another dollar pegged stablecoin destabilizes Crypto analytics firm Packshield, had first confirmed the exploit, the attacker used a […]

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