Rain Issues Full Refunds to 1,685 Users Following Solana

Avici has announced it will refund a total of $500,859 to 1,685 users affected by a vulnerability in a Solana card contract. The incident, revealed by the card issuer Rain, underscores potential risks within the Solana ecosystem. This timely response not only addresses user concerns but also aims to restore trust in the network’s security […]

Bitcoin News: HYPE Surges to All-Time Highs as Market Shifts

HYPE’s recent surge to all-time highs relative to Bitcoin signals a significant shift in market dynamics. According to a tweet from @Delphi_Digital, HYPE is outperforming Bitcoin as the latter transitions from a prolonged bearish phase to a bullish trend. This upward momentum is noteworthy, as it raises questions about the sustainability of HYPE’s strength and […]

Solana Neobank Avici Hacked for $650,000. Token Crashes 40%

An attacker drained over $653,000 from card collateral vaults at Avici, a Solana neobank whose own documentation promised that only a user’s wallet could ever move that money. The token Avici (AVICI) has since fallen by about 40% to $0.24. The sum taken equals close to a fifth of its entire market value. AVICI Price […]

LIT Price Crashes 59.23% in 30 Minutes: Market Turbulence

Amid a wave of selling pressure across the crypto market, LIT’s price has plummeted by an astonishing 59.23% in just 30 minutes, dropping to $0.141287. This dramatic decline stands out in a market already grappling with volatility and mixed signals from major assets. Breaking It Down The recent price action of LIT showcases the extreme […]