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Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge Hack

Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge Hack

A Solana bridge called Wormhole has been exploited for as much as $320 million according to reports emerging on Feb. 3. The team posted a notice that the bridge had been hacked losing 120,000 wrapped

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Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols

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Solana’s DeFi Land Announces First NFT Sale: Details

Solana’s DeFi Land Announces First NFT Sale: Details

GameFi DeFi Land Ecosystem to Sell 7,500 Seeds as NFTs on Two Platforms DeFi Land, an agriculture GameFi simulator on Solana (SOL) high-performance blockchain, the announces release of a Gen 0 sale; 7,500 DeFi Land Seeds

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Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During

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After carrying out trades worth $12B in Ethereum NFTs, OpenSea begins to eye Solana

After carrying out trades worth $12B in Ethereum NFTs, OpenSea begins to eye Solana

The non-fungible token (NFT) market is booming, and at its head is the first NFT market – OpenSea. Or at least that was before it was overtaken by the new LooksRare. The latter now handles

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FTX’s Sam Bankman-Fried: Solana Is Better Than Other Blockchains Despite Multiple Outages

FTX’s Sam Bankman-Fried: Solana Is Better Than Other Blockchains Despite Multiple Outages

Despite multiple outages suffered by the Solana network in recent months, FTX CEO Sam Bankman-Fried (SBF) believes that the high-performance blockchain is still better than other networks in the industry. The latest Solana network outage

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Solana Price Analysis: After SOL Rejected Below $100, This is The Support Level to Watch

Solana Price Analysis: After SOL Rejected Below $100, This is The Support Level to Watch

Over the weekend, SOL lost the $100 support level turning it into resistance. Unsurprisingly, following the negative sentiment, the price of SOL today dropped to $80. Key Support levels: $79, $56 Key Resistance level: $100,

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Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues

Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues

After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto

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Solana Updates to Version 1.8.14 Following Three Days of “Degraded Performance”

Solana Updates to Version 1.8.14 Following Three Days of “Degraded Performance”

Solana, here we go again The Solana blockchain has been update to 1.8.14 after several days of degraded performance and congestion issues. The first reports of issues on the network emerged earlier this year after users noticed

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Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion.

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