With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.

The protocol allows holders to lock their Bitcoins, earn the rights to validate PoS chains, and receive yield as a return.

Penpie is currently on hold and seeking negotiations with the hacker to recover the stolen funds. Pendle continues to operate as usual.

Five months after ending its Solana staking service, Lido faces a new hurdle: a suspected bug in the withdrawal mechanism is hindering users' ability to withdraw their stSOL funds.

Balancer stated that an issue was found in five of their pools. Developers took actions to reduce risks and eliminate the issue. Balancer asked the liquidity providers of vulnerable pools to withdraw their funds in order to avoid losses.