Attack on Solana leads to compromisation of thousands of wallets
Private keys were the focus of the most recent widespread attack on Solana, but it is yet unknown how much harm was done. Millions of dollars have been stolen from thousands of wallets by the hackers who specifically targeted Solana users. According to on-chain data, over 7,000 compromised wallets have resulted in losses that are […]
Bitcoin, Ethereum, and Solana contributions have increased since 2018
As of July, there were about 2,000 monthly active contributors on the Ethereum network, which continues to have the most contributors overall. Despite the volatility in the cryptocurrency market, a new study finds that since January 2018, the number of active contributors to the top projects of Bitcoin, Ethereum, and Solana has grown by an […]
Ripple (XRP) Lawyer Warns Of More Class Actions After Solana Lawsuit
On the heels of litigation against Solana for promoting unregistered security, a Ripple lawyer has envisaged the ripple effects of the lawsuit on the entirety of the crypto market. As the crypto world grapples with different issues, a class action lawsuit has been filed against Solana Labs. It is accused of generating illegal profits by […]
Solana developers tackle “durable nonce transaction” bug
The “durable nonce transaction” bug which was said to have been the cause of Solana’s network being offline for the fifth time this year has been resolved by developers. Solana’s fifth outage of 2022, according to a report issued by Solana Labs on June 5, was triggered by a fault in the “durable nonce transactions […]
Solana (SOL) Is Now The Second-Largest Protocol By NFT Sales Size
Solana (SOL), a popular open-source Blockchain that facilitates smart contracts, has seen a significant increase in market value in recent months. Solana’s NFT sales volume has resulted in it becoming the second-largest protocol by the end of the quarter according to data from cryptocurrency analytics platform Messari, with Ethereum taking first place. The NFT market […]