Solana Neobank Loses $500K in Outdated Contract Exploit
Avici will refund 1,685 users after a $500K exploit exposed dependency risk in Solana's card infrastructure. The attacker turned $190 into admin access across 1,100 accounts.
Solana (SOL)
News and articles relating to Solana (SOL).
Solana Card Exploit Drains $1.1M, Exposes Shared Vault Risk
A Rain card contract vulnerability drained $1.1M from Avici and Tria users in 72 hours. The exploit revealed a structural flaw in shared card infrastructure design.
Solana Governance Vote Passes by Razor Margin: What It Means
Solana's first network governance vote passed by a hair Friday, doubling the disinflation rate to 30%. Kraken's last-minute switch tipped the outcome.
Solana's First Governance Vote Tests Supply Economics
SGP-0003 sits at 62.72% support, below the two-thirds threshold needed. Daily SOL burns would increase from 600-800 to 7,500-9,000 tokens if it passes.
Ethereum Vs Solana: A Comparative Analysis
Two blockchain platforms have not only fueled the ascent of DeFi but have also continually pushed the boundaries of what decentralized networks can achieve.