Solana

$KING coin, the revolutionary memecoin on the Solana blockchain, has recently achieved a significant milestone by securing a listing on the prestigious BitMart exchange. This listing not only increases the accessibility and visibility of $KING within the global crypto market but also provides a platform for its rapidly growing community to trade and invest with ease, bringing the famous Solana coin one step closer to becoming the “$KING of Memecoins”. The listing is a huge milestone for $KING and great…

ViceHub is a Solana and Ethereum-based NFT marketplace aiming to become the go-to platform for NFT art focusing on satire, parody, and meme comedy. The project is fresh on the market but has already debuted its first collection of satirical art. For example, the Lolita Adventures NFT series includes 26 NFTs, each a humorous portrayal of Bill Clinton's flight onboard the infamous "Lolita Express" private jet with Jeffrey Epstein. The auction for the first Lolita Adventures NFT, Flight One-II.IX.MMII is…

The crypto market has retraced slightly since Wednesday after the Department of Justice announced an enforcement action against the small Chinese cryptocurrency exchange. News of the reveal – which was ultimately underwhelming for many in the community – nevertheless dampened a broad rally among digital assets throughout the week. Solana's Volatile Week Solana (SOL) – which rose as high as $24.75 on Monday – trades at $21.08 at writing time. While down roughly 10% since earlier this week, its still…

Blockchain as an innovation is inappropriately being conflated with the “giant con” that is crypto, according to CNBC’s Jim Cramer on Thursday. The Mad Money Host suggested that multiple top cryptocurrencies are being artificially propped up in value. Among them are Solana, XRP, and Dogecoin.  Cramer’s Latest Take Speaking with CNBC’s Rebecca Quick, Cramer asserted that blockchain technology is worth separating from the drama surrounding FTX’s collapse. He added that Kevin O’Leary – a paid spokesperson of $15 million for…

Mango Markets – a Solana-based trading platform – suffered a $117 million DeFi hack on Friday due to a price manipulation exploit. The blockchain security firm, Certik, has broken down how the hack was executed.  According to a brief provided by the company, the attacker manipulated the price of MNGO – the platform’s native token and collateral asset. First, the attacker funded one of his accounts with about 5 million USDC. Those funds helped him sell 488,302,109  MNGO worth of…

On Friday and in the early hours of Saturday, the Solana network experienced yet another outage, frustrating thousands of Solana users. The recent event is the second major downtime the network has suffered since January this year when it experienced a slew of partial outages. It took some hours for the network devs to resolve the issue which notably caused the network’s native token to slip 6%.  Solana Validators Restart the Network Mainnet Solana first called attention to the outage…

The Slope Wallet team has promised a 10% bounty to the anonymous hacker who compromised several thousand Slope users’ wallets earlier this week. In return, Slope would like the hacker to return the other 90% of the stolen goods.  A Promise of Safety In a statement on Friday, Slope called on the hackers to examine its bounty offer for the safe return of user funds. It offered a Solana address to which to send those funds, which is yet to…

In recent days, the Solana network has been the victim of a widespread attack that has affected over 8000 user accounts. So far, the culprit behind the hack has drained wallets of more than $8M worth of crypto assets.  According to the Solana team, it appears only Slope wallets have been susceptible to the hacks so far. No Bugs On Solana’s End Solana’s security personnel claims to have identified the origin of the breach. In an update that went up…

Crema Finance – a concentrated liquidity market maker protocol on Solana – has frozen operations following an $8.7 million exploit. The hacker has since transferred the funds to another platform, but he and his gains are still being tracked. Manipulating the Data Crema published a Twitter thread on Sunday explaining the technicals of the situation. Saturday’s hack was possible by creating a fake ‘tick’ account – an account that stores price tick data in Crema. Crema's design allows an owner…