A wallet linked to Solana's initial token distribution lost about $14.2 million in SOL tokens after an attacker unstaked the tokens and transferred them to Ethereum using a bridge protocol. The exact method of compromise and the bridge used remain unknown, but the pattern suggests private-key theft. This incident hasn't affected Solana's market price or indicated a broader attack on the network. Recovery of funds depends on how the stolen tokens are liquidated, with centralized exchanges offering a chance for freezing assets, unlike decentralized routes.
On Deribit, 65% of Solana (SOL) options open interest is set to expire on September 25, clustered around key strike prices of $90, $105, and $125. This date also marks a major quarterly expiry for Bitcoin and Ethereum options, with $15.9 billion and ...
Solana (SOL) saw its price rise to $117 on September 24, marking a 3.57% increase within four hours. This price movement coincided with $2.23 million in short position liquidations across major exchanges Binance, Bybit, and OKX, while no long positio...
Solana's price recovered to around $116 on September 24 after dipping to $112.52 earlier in the day, following a recent high near $120. The 4-hour chart shows a bullish trend with support at $112.38, but the daily chart indicates resistance near $119...
Bitcoin fell to around $84,490 from a recent high of $87,397 as traders anticipate a 75% chance of a Federal Reserve rate hike in October, driven by persistent inflation concerns. This potential rate increase typically strengthens the dollar and rais...
The U.S. SEC has approved new generic listing standards that cut approval times for commodity-backed crypto exchange-traded products (ETPs) from up to 240 days to about 75 days. This change allows institutional managers to launch spot funds for Solan...
