DeFi platform Mango Markets faces $100M exploit
Mango Markets, a decentralized finance (DeFi) exchange based on the Solana blockchain has reportedly suffered a breach of over $100 million as a result of an attacker manipulating price data. By manipulating the value of their Mango (MNGO) native token collateral and then taking out “large loans” from Mango Markets’ treasury, the attacker was able […]
How to buy an NFT on Solana blockchain
Solana Blockchain is considered a better option by creators because it allows for the quick minting of NFTs for lower transaction fees. Solana blockchain is one of the leading blockchains, with approximately 5.7M NFTs and 400 projects spanning Defi, NFTs, and other technologies. Non Fungible tokens (NFTS) are becoming increasingly popular, which has resulted in […]
Helium Favors Solana Over Its Blockchain After Community Vote
80% of voters in the early Asian hours of Thursday supported relocating Helium’s original network to Solana, demonstrating the strong support of the electorate. Members of the Helium community have decided to transfer the decentralized WiFi network from HIP 70, the blockchain used by Helium, to the Solana blockchain. In the last hours of early […]
Top 7 secure NFT blockchains with pros and cons
There are many popular blockchains in the NFT industry, but security is a factor to consider when choosing an NFT blockchain to mint on. Although cryptocurrencies are the most popular use of blockchain technology, the blockchain, which securely records proof of ownership, is also used by NFT. What is an NFT? NFTs also called non-fungible […]
Twitter restores suspended NFTs accounts on Solana network
After previously suspending nine NFT accounts on the Solana blockchain without any official explanation, Twitter has restored the accounts back to its platform. Nine accounts linked to the promotion of nonfungible tokens, or NFTs, on the Solana (SOL) network had their access to Twitter restricted early on Wednesday. The change was made just in time […]