Solana Hack Wipes Out $320 Million Dollars of Wealth

by Trading & Investing | 02/04/2022, 15:13

Wormhole, a bridge linking the Ethereum and Solana blockchains, lost over $320 million on Wednesday afternoon to an apparent hack. Bridges are necessary in the cryptocurrency ecosystem because holders of crypto tend to operate within multiple blockchain ecosystems. Wormhole enables users to move their tokens and NFTs between Solana and Ethereum, two of the fastest-growing […] Read more at ETFtrends.com.

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