Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole By Cointelegraph
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Solana (SOL) became one of the worst performers among the top cryptocurrencies on Feb. 3 as traders assessed its links with the second-biggest hack to date.
SOL price dropped by 5.50% to below $96.50 as Wormhole, a bridge between Solana and blockchains, reportedly lost $325 million worth of Wrapped Ethereum (wETH) due to a technical vulnerability.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Solana (SOL) became one of the worst performers among the top cryptocurrencies on Feb. 3 as traders assessed its links with the second-biggest hack to date.
SOL price dropped by 5.50% to below $96.50 as Wormhole, a bridge between Solana and blockchains, reportedly lost $325 million worth of Wrapped Ethereum (wETH) due to a technical vulnerability.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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