The MangoFarmSOL exit scam is part of a fresh wave of attacks targeting the Solana blockchain. The network has also seen a surge in drainer kits sold online that are helping inexperienced hackers profit from Solana's wave of success.
Phantom has further expanded its services beyond Solana to include Bitcoin, Ordinals, and BRC-20 tokens. In parallel, Trezor has updated its hardware wallets to support Solana and SPL tokens.
The MangoFarmSOL exit scam is part of a fresh wave of attacks targeting the Solana blockchain. The network has also seen a surge in drainer kits sold online that are helping inexperienced hackers profit from Solana's wave of success.
Phantom has further expanded its services beyond Solana to include Bitcoin, Ordinals, and BRC-20 tokens. In parallel, Trezor has updated its hardware wallets to support Solana and SPL tokens.
In the current meme-coin frenzy, traders are ditching Ethereum due to high gas fees, flocking instead to chains like Solana and Avalanche where coins like Bonk and Coq Inu are making astronomical gains.
Sales figures for the mobile device have gone up by a factor of ten since a 30 million BONK airdrop was announced for all owners. At the current price of Solana’s dog-themed meme-coin this means a $700 reward for owning a $599 phone.
Solana’s resurgence is partly fueled by lucrative airdrops from its ecosystem projects, with Jito's recent $250 million distribution being a prime example. This has led to a growing trend of users moving liquidity to Solana in anticipation of similar high-value airdrops from other projects.
For the past two months, the SOL token's price has been on the rise. Rather than financial market whims, this is due to the hard work that developers have been putting into the ecosystem.
The crypto wallet provider announced the launch of a crypto exchange "dedicated to the ideals and principles the industry stands for." It has already secured a license in Dubai.
