Glow is a cryptocurrency wallet built by Luma Labs, Inc. and released on mainnet in 2020. It is designed for compatibility with the Solana...

Advertisement &nbsp &nbsp Earlier today, the Solana network team confirmed that the Helium network would finally be migrating to Solana on March 27th, sending...

Phantom, the popular self-custody wallet for Solana-based decentralized applications and NFTs, announced today that it would be adding support for rival blockchains Ethereum and...

Coinbase, the largest crypto exchange in the US, has rolled out support for the Solana ecosystem, bringing a whole host of new tokens and features to the Coinbase wallet. “Over the past year, there has been an explosion of interest in web3 and decentralized applications, including NFTs and decentralized finance (DeFi),” the exchange said in […]

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Coinbase Wallet browser extension now offers support for sending, receiving, and storing Solana and SPL tokensBy Adam Zadikoff, Senior Product ManagerMaking web3 more user-friendly means...

This DeFi bailout, by a traditional high-frequency trading firm that's turned to crypto, also was a Solana story.

Jump Trading group literally jumped in to get Wormhole back on track and restore the missing funds from the recent hack worth $320 million in wrapped Ethereum as we reported in our Ethereum news. A wormhole is a popular cross-chain crypto bridge between Ethereum, Avalanche, Solana, and others and it got hacked a day ago […]

Wormhole, a popular cross-chain bridge between Solana and other DeFi-based blockchain networks has been hacked for about 120,000 wETH (wrapped Ether) worth $320 million, making it the second-largest DeFi hack to date. On Wednesday, the team behind the project officially confirmed that the bridge is currently down while the team investigates a potential exploit. In a follow-up tweet, Wormhole confirmed that the vulnerability was patched and were working to get the network up and running again. The vulnerability has been patched. We are working to get the network back up as soon as possible. — Wormhole🌪 (@wormholecrypto) February 3, 2022 The attack approximately took place at 6:24pm UTC on Feb. 2 where the hacker minted 120,000 wETH (WETH) on Solana, then redeemed 93,750 WETH for ETH worth $254 million onto the Ethereum network at 6:28 pm UTC. Since then, the hacker has used some funds to buy SportX (SX), Meta Capital (MCAP), Finally Usable Crypto Karma (FUCK), and Bored Ape Yacht Club Token (APE). The remaining WETH was swapped for SOL and USDC on Solana. Currently, the attacker’s Solana wallet holds 432,662 SOL worth $44 million. Wormhole Offers $10M Bug Bounty to Hackers Wormhole is a DeFi protocol that allows users to bridge assets across Terra, Solana, Ethereum, Binance Smart Chain, Avalanche and Polygon without the use of a centralized exchange (CEX). When a user transfers assets from one blockchain to another, the DeFi platform locks the transaction and mints a wrapped version of the token to its final chain. About an hour after the exploit, Wormhole offered the hacker a $10 million bug bounty in an on-chain message in return for the funds: “We noticed you were able to exploit the Solana VAA verification and mint tokens. We’d like to offer you a whitehat agreement, and present you a bug bounty of $10 million for exploit details, and returning the wETH you’ve minted.” This is the second smart contract exploit after hackers made off with $80 million from decentralized finance protocol Qubit Finance last week.

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The company building Solana’s top crypto wallet is now worth $1.2 billion, Phantom announced Monday. Crypto venture firm Paradigm led a $109 investment in Phantom, CEO Brandon Millman said. It was not immediately clear who else joined the cap table, or what percentage equity they took in the upstart firm, whose main product is a…

The post Solana Wallet Phantom Raises $109M to Rival MetaMask appeared first on Bitcoin News Miner.

OpoOpenSea, the biggest Non-Fungible Token (NFT) marketplace, is preparing to feature NFTs on the Solana (SOL) blockchain soon. Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this, adding that OpenSea will also integrate support for Solana wallet, Phantom. OpenSea to support Solana-based NFTs and

The post Just-In: OpenSea Reportedly Planning to Integrate Solana And Phantom Wallet appeared first on CoinGape.

One of the biggest explosions into the top 10 crypto market cap is Solana,  the most menacing “Eth Killer” out there amongst the pile of candidates that are chomping at the bit. Since its meteoric price rise from June 2021, there has been huge interest in the project and what it could bring to the […]

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