Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Phantom
Phantom Wallet Funds Disappear : Community Panicked!
The post Phantom Wallet Funds Disappear : Community Panicked! appeared first on Coinpedia Fintech News Phantom wallet suffered a severe glitch today. Funds from users’ wallets disappeared for no apparent reason. It caused a huge panic in the crypto community and there were speculations of wallets being hacked. Let’s explore the case and try to understand what actually happened. Funds Vanished from Phantom wallet A large number of Phantom wallet users started reporting missing funds on X and Reddit. This…
10 months ago
Solana’s Phantom App Raises $109 Million, Launches iOS App
After reaching 2 million active users in just six months after launch, Phantom released more big news. The crypto wallet for Solana's ecosystem raised $109 million from investors while also launching an iOS app. The firm raised the money in a Series B funding round. Paradigm led the financing round, and a crypto/web3 focused investment firm valued the company at $1,2 billion. Earlier investors also participated, including a16z of Andreessen Horowitz, Variant Fund, DeFi Alliance, Jump Capital, and Solana Ventures. Phantom…
3 years ago