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- $7M Solana Hack
$7M Solana Hack
Rip Solana, Ethereum is killing it, NFT.com domain sold!
GM frens
Hey, and welcome back to another issue of NFToday!
Happy Friday, I hope you all had a fantastic week and have an even better weekend.
This heat wave (at least from where I'm from) has been brutal! Maybe I'll hit the beach this weekend; SoCal is the best!
Let's get on with the news!
In today's newsletter:
$7M Solana Hack
The $1,600 hold
NFTs.com sells for...
8,000+ Solana Wallets Drained
Two days ago, over 8,000 Solana wallets were compromised and drained, equaling over $7M in stolen funds.
At the time of writing this, the only information we have regarding the cause of the exploit is:
Each compromised wallet was linked with the Web3 finance platform, Slope.
Only inactive wallets that were 6 months old were targeted
Hardware wallets seem to be unaffected
Slope has already posted a formal apology and reassured its users that they're taking the necessary precautions to get to the bottom of it!
Another reason to get a hardware wallet if you don't already have one...
No Hardware Wallet = Inevitable Hack
ETH is holding on for dear life!

Ethereum - Webull - Daily
Ethereum is holding up nicely!
Despite a green week of stock price action, the crypto market has remained relatively stagnate over the past few days. Yet, Ethereum and other notable currencies are all consolidating above some significant levels!
As seen above, Ethereum bulls are doing a fantastic job of staying just above the $1,600 supply zone.
Will this be Ethereum's next higher low?
NFTs.com = $15M
NFTS.com just sold for a whopping $15M...
My opinion?
Kinda wack...
It's not even NFT.com... There's a random "s" at the end.
Nevertheless, you guys don't care about my opinion. Aside from the explosion of talk around the purchase, little no information has been released on the future NFTs.com.
Both parties of the transaction are anonymous, yet we do know one thing!
Upon visiting NFTs.com, we're met with a glitching "NFTs.com" title and a "Powered by DigitalArtists.com Marketplace" below it. Upon visiting the digital artists website, we're met with a platform where artists can sell their digital NFT art!
As more updates come out, we'll keep you in the loop!
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DISCLAIMER
Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!