Is Solana Truly Decentralized? Solend’s Actions Sparks Debate
The Solana network has been growing in popularity among decentralized finance (DeFi) enthusiasts. The success of many projects on the platform has drawn developers to it and with the developers have come to the investors. With the market crash, many networks in the market have suffered due to declining prices, having to put in various […]
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The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant hacks in the last 24 hours, and one of them stemmed from the decentralized finance (defi) protocol Solend. The team’s official Twitter account tweeted about the loss after it said it suffered from an oracle attack....
Quick Facts: 1️⃣ Gemini’s AI model predicts Solana ($SOL) could hit $300 by the end of the year, driven by strong on-chain fundamentals and rising DEX volumes. 2️⃣ Solana leads all blockchains in real economic value ($223M in Q3) and posts over $138B in monthly DEX activity, surpassing Ethereum. 3️⃣ Developer growth and fee efficiency […]
What happens when you mix Elon Musk, Vine, and Solana? Apparently, meme coin madness. After Musk cheekily hinted on X at bringing back Vine – the short-form video app that many still mourn – crypto traders did what they do best. They aped into anything that felt remotely related. And naturally, one Solana-based meme coin […]
Roger Ver, a self-described bitcoin evangelist who renounced his U.S. citizenship and lives in Japan, was recently banned from Reddit for referring to the bitcoin administrator Theymos by his real name, but soon had his account restored. His actions, and those of Reddit, have raised questions in the bitcoin community about how censorship decisions are made in community forums. Comments on Reddit indicated the banned post was up for 12 hours. Much of the Reddit discussion became mired in the debate between the two bitcoin subreddits, r/btc r/bitcoin, a conflict with roots in the bitcoin....
In the fast-paced world of cryptocurrency, new tokens emerge regularly, each with the potential to disrupt the market and deliver staggering returns. Among the most talked-about tokens recently is Mpeppe (MPEPE), a memecoin that is quickly becoming the talk of the town, especially among investors who are traditionally more aligned with Ethereum (ETH) and Solana (SOL). With the rapid adoption of Mpeppe and its promising trajectory, Solana investors, in particular, are going wild over its potential. The Solana vs. Ethereum Debate: Why Mpeppe Is Gaining Traction Solana (SOL) and Ethereum....