To increase throughput and stability, Jump Crypto, the high-frequency trading company Jump Trading Group’s cryptocurrency division, stated that it would create a new open source validator client for the Solana network. According to a news release from Jump Crypto, it will propose a major improvement to Solana’s open source core software. Jump has over 20
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8000 internet-connected “hot” wallets were exploited, either created or used in Slope mobile wallet apps. Hot wallets are in a hot spot as attacks are ramped up here and there across multiple markets.Solana is among the many on the receiving end of this salvo. More than 8,000 internet-connected hot wallets are receiving these attacks, which
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Solana could face the same problem as Ripple LABS where it has used the SOL token to raise funding for company expansion.
READ MORESolana launches Saga to help Web 3.0 space mature further in terms of providing UI and UX leverage while using Dapps.
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The price of bitcoin is encountering resistance at USD 20,500 and USD 21,200. XRP is locked near USD 0.32, while Ethereum is struggling near USD 1,150. CEL is now the best-performing coin among the top 100 coins. Bitcoin is facing a critical obstacle at USD 20,500 and USD 21,200 after beginning a recovery wave above
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With a recent wave of liquidations, the broader crypto loan and staking markets have been experiencing one of the worst crises in history. Solend, a “decentralized” lending platform based in Solana, launched an SNLD1 proposal on Sunday to take over a whale account with emergency powers in order to avoid a cascade of possible liquidations.
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