An ongoing, widespread hack has seen as much as $8 million in funds drained so far across a number of Solana-based hot wallets. At the time of writing, Solana (SOL) is currently trending on Twitter as...
Tag: Solanabased
Thousands of Wallets Compromised in Ongoing Solana-Based Hack
The hackers have targetted Solana users with millions of funds being drained from thousands of wallets. On-chain data shows that, so far, the losses have been estimated to be around $8 million from ov...
Solana-based Algorithmic Stablecoin, Nirvana, Loses USD Peg, Sheds 90% – crypto.news
Nirvana, the Solana-based stablecoin, is reported to have suffered a flash loan attack, leading to a loss of close to $3.5 million. According to the on-chain blockchain analytics firm, PeckShieldAlert...
Solana-based stablecoin NIRV drops 85% following $3.5M exploit
Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on We...
Solana-based Algorithmic Stablecoin Nirvana Exploited of $3.49M
10 hours ago | 2 mins read Altcoin News There are two tokens in the Nirvana system: NIRV, a stablecoin, and ANA. Almost 82 percent of NIRV’s value has been lost. Nirvana, a Solana-based algorithmic st...
Solana-based Stablecoin NIRV Is Attacked, Rate Collapsed 90%
Gamza Khanzadaev Another algorithmic stablecoin crashed, this time on Solana blockchain According to crypto analytics company PeckShield, Solana-based Nirvana Finance was attacked, causing its own DeF...
Solana-based Nirvana loses $3.5M to flash loan exploit; tokens tank 90%
Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ ? On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $...
Solana-Based Algorithimc Stablecoin Plummets 99% After a $3.5M Flash Loan Exploit
Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack in the cryptocurrency space. Data from blockchain security firm, PeckShield, revealed that the a...
This Solana-Based Altcoin Is One To Watch This Month, Says Top Crypto Analyst – Here’s Why
Closely followed crypto analyst Justin Bennett is eyeing one move-to-earn altcoin for a potential rally to the upside. Bennett tells his 102,000 Twitter followers that blockchain-based fitness and lif...
Solana-Based Gaming App STEPN Announces $122.5 Million In Profits For Q2
Solana-based STEPN has generated $122.5 million in profits in Q2 2022. The move-to-earn gaming app rewards users with cryptocurrency for playing. According to the firm, 5% of the earnings will be used...
Solana-Based Move-to-Earn App STEPN Generated Over $122M in Profits in Q2
Solana-based move-to-earn application amassed $122.5 million in profits through its platform fees in Q2 2022. Fund Deployment According to the official announcement, STEPN plans to use 5% of the profi...
Solana-Based NFT Marketplace Magic Eden Unveils Web3-Focused Venture Capital Fund
Prominent NFT marketplace – Magic Eden – has announced the launch of a new venture capital fund that will focus primarily on investments in Web3 games. According to the official press release, with th...
Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit
Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million which the attacker still holds in s...
DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme
The U.S. Department of Justice (DOJ) is pressing charges against a Solana (SOL) non-fungible token (NFT) developer who allegedly pulled the rug on investors. According to a new press release, the DOJ ...
White Hat Gets $630k for Averting Potential $25M Bug on Solana-based Port Finance
Port Finance, a Solana-based lending protocol, has paid out a $630,000 bounty to a white hat hacker who helped prevent a potential $25 million vulnerability from the platform, cybersecurity firm Halbo...
Solana-Based Lending Platform Votes To Seize Whale’s Funds To Prevent Instability
A leading lending platform on the Solana (SOL) blockchain says a governance proposal urging users to grant it emergency powers to potentially seize the crypto assets of its largest whale has passed. A...
Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation
As CoinGape reported, the Solana-based “decentralized” lending protocol Solend has been grappling to avoid a liquidity crisis amid the SOL price crashing and the whale accounts having huge margin call...
Solana-based lending Platform Solend Steps Back from Controlling the Whale Account
The broader crypto lending and the staking markets have been undergoing one of the worst crises in history amid a wave of liquidations recently. On Sunday, Solana-based “decentralized” lending platfor...
Solana-based DEX Lifinity Surpasses $1B in Trading Volume
Solana-based decentralized exchange (DEX) Lifinity announced this week that it has surpassed one billion ($1 billion) in cumulative trading volume. The milestone achievement comes one month after the ...
Solana-Based STEPN Skyrockets After Sustainability Update
Solana-based play-to-earn game STEPN saw its two tokens – GMT and GST- surge in value after it updated its mechanics. GMT jumped as much as 11% to $1.05, while GST rose 6% on Solana and over 100% on t...
Top 3 Solana-Based NFT Projects to Watch in June 2022 » NullTX
Given how dull the broader cryptocurrency market has been, it appears like everyone is coming to grips that we are indeed entering the crypto winter. The king Cryptocurrency has been stuck between the...
Genesis is parking $75 million in capital into Maple’s Solana-based lending platform
Genesis, one of the crypto market’s biggest lending and trading firms, is ramping up its decentralized finance footprint by contributing $75 million to Maple’s Solana-based lending platfor...
Genesis Investing $75M into Maple’s Solana-based Lending Platform
Genesis will be the sole provider of capital making it the largest starting pool size recorded on Maple Finance. Trading firms like Wintermute and Amber Group have shown interest to borrow. Genesis, ...
Solana-Based STEPN (GMT) Dumped 37% In Minutes, Here’s Why
Move-to-earn app STEPN’s native token, GMT, slumped sharply on Friday after it abruptly announced a withdrawal from China. GMT fell 37% in minutes after the announcement, and is now trading down 34% o...
Solana-based DeFi Land Launches its First Play-to-Earn Game
DeFi Land, a multi-chain agriculture simulation gaming project built on the Solana blockchain, has unveiled its first play-to-earn game created to gamify all aspects of decentralized finance (DeFi). D...
Top Crypto Analyst Predicts Massive Price Dive for Cardano, Says One Solana-Based Altcoin Will ‘Go Down to the Basement’
A widely followed crypto trader is predicting further corrective moves smart contract platform Cardano (ADA) and one of this year’s trending altcoins. Pseudonymous crypto analyst Capo tells his 307,50...
Solana-Based Project Leading Web3 Innovations
The digital asset industry is evolving at a breakneck pace, and new trends are being formed as developers continue to explore the different use cases of blockchain technology. Crypto trends such as de...
Top 3 Solana-based Blockchain Games to Play in May 2022 » NullTX
Solana is one of the best platforms for NFT, Metaverse, and blockchain games. It features high-speed low-fee transactions making it perfect for dApps that require high on-chain interactions. Today we ...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Solana-based platform STEPN plagued with phishing website scams
STEPN is a Solana based platform as Peckshield detects scam websites Living in the computerized age accompanies the two advantages and disadvantages While data can be gotten to inside the snap of a fi...