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‘Great cryptocurrencies have to go through several collapses,’ says Cardano founder

According to Charles Hoskinson, projects that have survived both bull and bear markets over the years were “resilient under an adversarial load” — and many DeFi protocols weren't.

Continue Reading‘Great cryptocurrencies have to go through several collapses,’ says Cardano founder

Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says…

Continue ReadingSolana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’