Solana has had a significant decrease in popularity and value following the collapse of FTX and the ongoing bear market. There have been reports on social media about reduced development on Solana, but the Solana team has denied these claims…
Mango Markets $100 Million Exploiter Reveals Identity
The exploiter of the DeFi loan portal Mango Markets in Solana has identified himself and described his behavior as “a highly profitable trading strategy.” According to Avraham Eisenberg, who describes himself as a “digital art dealer,” he was responsible for…
Solana-Based Decentralized Finance Platform Mango Has Been Hacked For $100 Million
The Solana blockchain-based decentralized finance platform Mango has been exploited for over $100 million. Blockchain auditors OtterSec first posted about the hack on Twitter, claiming that “the attacker was able to alter their Mango collateral.” Attackers Inflated Mango’s Token According to…
Helium’s Move to Solana should have been more Democratized, Algorand’s bid didn’t stand a chance
On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
