Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are…

Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized

On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a…

Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments

The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution…