Solana-based (SOL) decentralized exchange OptiFi mistakenly closed its program on August 29, losing $661,000 of its funds permanently. OptiFi’s program has been closed by mistakes we made. TL;DR 1. We accidentally closed the OptiFi mainnet program and it’s not recoverable2. 661k USDC is locked in the PDAs, luckily 95% of the fund is from our…
Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. It’s a hypothetical we hopefully won’t actually face. But if we did we’d go with B i think. Got to focus on the bigger picture. There may be…
Polygon-based play-to-earn game Dragoma has allegedly been rug pulled, as over $1 million was moved from the project to centralized exchange wallets. #PeckShieldAlert #rugpull Dragoma $DMA on polygon rugged. $DMA has dropped -99.7%.The website https://t.co/2OJWlGqBtQ seems down and the social media channel deleted. The stolen funds seem like deposit into centralized exchanges. pic.twitter.com/ksJifCo0GH — PeckShieldAlert (@PeckShieldAlert)…
Over 8000 Solana (SOL) wallets were drained of around $580 million by an exploit that started in the late hours of August 2. So far more than 8000 wallets and ~$580M were stolen by the following 4 addresses. Htp9MGP8Tig923ZFY7Qf2zzbMUmYneFRAhSp7vSg4wxVCEzN7mqP9xoxn2HdyW6fjEJ73t7qaX9Rp2zyS6hb3iEu5WwBYgQG6BdErM2nNNyUmQXfcUnB68b6kesxBywh1J3nGeEccGJ9BEzVbVor1njkBCCiqXJbXVeDHaXDCrBDbmuy pic.twitter.com/N7wJlCOi8p — MistTrack🕵️ (@MistTrack_io) August 3, 2022 However, Peckshield noted that the total loss is estimated…
Solana’s (SOL) leading NFT marketplace Magic Eden has announced that it will now support Ethereum (ETH) NFTs on its platform, according to a press release shared with CryptoSlate. The platform stated that it plans to provide multichain solutions for NFT collectors and creators and has launched several tools to make that possible. These include Magic…
Digital asset investment products recorded their best month in July after finishing the month with total inflows of $474 million, according to CoinShares Digital Asset Fund Flows Weekly Report. The report revealed that digital asset investment product inflows for the week starting July 25 were $81 million. It marked the fifth consecutive week of inflows…
Blockchain network Solana (SOL) has opened its first physical store Solana Spaces in New York City, where it will sell cryptocurrency-related products, according to a press release shared with CryptoSlate. The store is located at The Shops, an upscale mall at Hudson Yard, Manhattan, and opens to the public on July 28. The store features…
Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ 🚨 On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $ANA token price to collapse over 85%. The SolanaFM team broke down the key movements involved during the exploit. 👇 Nirvana Hacker Account:https://t.co/Zsde5MdW0j…
Bitcoin’s (BTC) price crashed to its lowest in the last seven days in the early trading hours of July 26, pulling the industry’s market cap to less than $1 trillion, per CoinMarketCap data. According to the data, Bitcoin lost over 4% of its value in the last 24 hours and traded for as low as…
With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4% as the value of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have dropped in the last 24 hours. Coinglass data showed that over $150 million in positions…