What Happened with the Solana Hack? Quick Explanation

More than $6,000,000 in Solana and USDC was stolen from over 8,000 Solana wallets. Let's see how specifically the Solana hack happened.

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Cypher Protocol freezes smart contract after an estimated $1M exploit

Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit. On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had therefore frozen its smart contract. The team added it is investigating the cause of the exploit [...]

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