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....
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....
Currently, the price of Solana has been showing resilience amid market volatility. This recent performance of SOL has raised rally optimism among market participants as to whether the digital asset’s price could potentially reach the $160 mark in the upcoming days. Particularly, this article aims to provide technical insight on recent price performance and technical indicators that suggest the potential for the crypto asset to hit $160 focusing on the 4-hour and the 1-day chart. At the time of writing, SOL’s price was up by over 7%, trading at about $143, with a market....
Solana (SOL) has long been celebrated for its high-speed transactions and innovative blockchain technology, making it a favorite among developers and investors alike. However, as 2024 progresses, Solana is facing increasing competition from new entrants in the cryptocurrency market. One such competitor is Mpeppe (MPEPE), a new decentralized finance (DeFi) and gambling token that has […]