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Solana
US Crypto Bill Pile Up; Philippines Binance Warning
Senate proposal suggests responsibility for Bitcoin and Ethereum should lie with the CTFC. Philippines’ SEC warns public not to invest with Binance. Solana blames Slope mobile wallet app for exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
BTCS CEO: Ethereum Could be Crypto’s ‘Silver Lining’
Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential factors behind the ETH rally and its impact on the overall markets. “I think Ethereum could definitely be a silver lining here,” Allen said.
Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise
Approximately 8,000 crypto wallets were hacked Tuesday with at least $5 million worth of Solana-based tokens drained from unsuspecting users. Ledger Enterprises Global Head Alex Zinder weighs in on the exploit and how Ledger protects its customers. “Security is really the precursor to mass adoption and scalability,” Zinder said.
Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say
Affected wallets were all confirmed to be either created or used in Slope mobile wallet apps.
Solana Wallets Drained in Multimillion Dollar Exploit
An unknown attacker drained funds from over 8,000 internet-connected “hot” wallets on the Solana network including Phantom, Slope and TrustWallet to a total estimated loss of around $8 million. “The Hash” panel discusses the outlook for the Solana ecosystem as the latest victim of a major crypto exploit.
Magic Eden COO on Multimillion Dollar Solana-Based Crypto Wallet Hack: 'It's an Education Thing'
Over 8,000 “hot” Solana-based crypto wallets have been compromised in an ongoing exploit amassing at least $5 million. Zhuoxun Yin, COO and co-founder of NFT marketplace Magic Eden, discusses what this means for Magic Eden and NFT application builders. "This is sort of a longer-term education piece that will continue to be a strong narrative," Yin said.
Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook
NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”
First Mover Americas: Crypto Market Trades in the Green Despite Hacks
The latest price moves in crypto markets in context for Aug. 3, 2022.
