How Solana Was Brought Down By This dApp Launch
Solana has been taking market share out of Ethereum across several sectors. The platform has seen the expansion of its NFT based projects with SolChicks, one of its latest on-chain games with a play-to-earn (P2E) model, causing a lot of hype amongst the users. Related Reading | Grayscale Launches Solana Trust Following Investors ‘Appetite’ The game was built with SolChick, one of Solana’s NFT Collections, and let players take their assets and using as their main characters. Launched with a Player-to-Player (PvP), a Gameplay with raids characteristics, SolChicks has set out to....
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The team behind Cashio, a Solana-based dApp that was hacked last week, published a postmortem report on the attack. In one of the biggest hacks on this network, the bad actors managed to steal $50 million by exploiting a vulnerability on the dApp. Related Reading | PUBG Developer Krafton Joins Forces With Solana For Blockchain […]
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but the current 22.7% decline could have investors confused. Solana/USDT at FTX. Source: TradingViewThe rally started after Coinbase Wallet added support for SOL and other Solana-based blockchain tokens on March 18. The crypto exchange also outlined plans to "further....
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Blockchain developer Neon Labs has created a compatibility bridge between Ethereum and Solana, opening the door to more cross-chain development opportunities for Ethereum programmers.Neon’s Ethereum Virtual Machine, or EVM, has deployed via testnet on Solana, the company announced Tuesday. The EVN grants any decentralized application on Ethereum access to Solana’s high throughput capacity and lower gas fees. Essentially, Neon EVM allows anyone to run Ethereum contracts....
Solana Breakpoint, a four-day conference scheduled from Nov. 4 to Nov. 7, attracted 13,000 people in just one of the four venues it’s being held simultaneously. During the ecosystem’s annual gathering at Breakpoint 2022 in Libson, Solana made a series of launch announcements as it prepares to go mainstream. Cointelegraph’s ground team — present during the conference — shared insights into Solana’s roadmap, which includes the launching of smartphones, dApp stores and a partnership with Google Cloud, among others. Good morning from @SolanaConf Come say hi if you see us with our Cointelegraph....
More than 42 million Brave users will soon be able to access Solana dApps within Brave. During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users.We've partnered with @solana to integrate it into the browser and make it the default for DApp....