Solana’s sol token, one of the largest cryptocurrencies after bitcoin and ether, fell about 8% in the first two hours after the hack was initially detected.
Hack Drains Millions of Dollars From Thousands of Solana Crypto Wallets
Unknown hackers reached their fingers into over 8,000 first and third-party connected crypto wallets. Losses are estimated at over $5.2 million.
Bitcoin advocate Michael Saylor stepping down as CEO of company after crypto crash loses it $1 billion
Michael Saylor, the bitcoin advocate and chief executive of Microstrategy, is stepping down as head of the company after his bets on crypto lost it $1 billion. Mr Saylor has led business intelligence ...
Blockchain.com Review 2022: No Insurance Coverage Means Crypto Investors Should Pass on This Exchange
This lack of insurance is a major disadvantage compared to the coverage offered by what we consider to be the best crypto exchanges. Blockchain.com says it supports 120 cryptocurrency pairs.
Another ‘Hundred-Pound Gorilla’—Bitcoin, Ethereum And Crypto Braced For A Massive Price Earthquake That’s ‘Getting Closer By The Day’
Crypto traders are closely-watching for signs that ethereum could finally overtake bitcoin as the largest cryptocurrency by value—implying a more than 100% ethereum—with one high-profile analyst ...
Crypto Holders’ Funds Are Drained From Solana Wallets in Cyberattack
An attacker targeting the currency’s ecosystem drained funds from thousands of wallets in an incident that could draw increased regulatory scrutiny to digital assets.
Solana ecosystem hit by widespread hack draining thousands of crypto wallets
Hackers have targeted the Solana ecosystem, draining crypto funds from thousands of connected wallets. Such attacks are common among blockchain platforms, but the news is still significant given the ...
Solana wallets ‘drained’ in blow to crypto network
Thousands of crypto accounts linked to the Solana blockchain have been “drained” in a blow to one of the biggest networks in the digital asset market. Solana and several others products linked to the ...
As Ruble Cascaded Out Of Russia Via Crypto, Binance Capitalized
As risk-averse financial firms exited Russia, crypto exchanges chose to navigate the chaotic sanction-ridden landscape — for some, it paid off.
EU securities watchdog to arm itself with crypto data
The European Union's securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a "Wild West" sector ...
Thousands of Solana crypto wallets drained in yet another massive hack
Just a day after a massive hack resulted in roughly $190 million of crypto assets missing from Ronin crypto bridge, Solana users appear to be targeted by a widespread hack, with crypto assets being ...
China’s Problem Isn’t Nancy Pelosi —It’s Turning Japanese
Covid-19, crashing property values, inflation, Nancy Pelosi, you name it. But the Chinese president’s biggest problem might be in Tokyo. Something strange is going on amongst Chinese banks: a whole ...
No worries about U.S. demand for now, Japan’s Subaru says
Japan's Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing concern about a slowdown in the world's largest economy. Chief Financial ...
Japan’s Nikkei rises as investors pick up firms with positive earnings
Japan's Nikkei index ended higher on Wednesday, rebounding from the previous session's losses, as investors scooped up shares of Daikin Industries and other firms that reported robust earnings. The ...
New York regulators slap Robinhood’s crypto business with $30 million fine
In the latest in what seems to be a string of challenges the company has to grapple with, Robinhood's crypto division has been slapped with a $30 million fine by the New York State Department of ...
Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks
Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also ...