South Korea’s largest cryptocurrency exchange Upbit has suffered a major security breach resulting in $36.9 million in stolen assets. Authorities suspect North Korea’s notorious Lazarus Group may be behind the sophisticated attack, which comes exactly six years after the exchange’s previous major hack.
about Upbit Hacked: $37M Stolen, North Korea SuspectedSolayer
0 in Finance and 0 in Crypto last weekUnderstanding Solayer Restaking Risks and Benefits in the Solana Ecosystem
Solayer introduces a restaking model on Solana, allowing users to stake SOL and liquid-staked tokens (LSTs) across multiple security layers, enhancing network security and decentralization. While it offers higher rewards and automated management, risks include smart contract vulnerabilities and validator penalties. Compared to other mechanisms like Jito and Picasso, Solayer focuses on native integration and validator coordination, shaping the future of staking within the Solana ecosystem.
about Understanding Solayer Restaking Risks and Benefits in the Solana EcosystemBybit and Solana Summit Highlight Community Engagement and SVM Innovations for 2025
Bybit Web3 served as the exclusive livestream partner for Solana Summit 2025, highlighting the importance of community engagement and SVM-powered dApps in addressing scalability challenges. Panel discussions emphasized that successful projects must empower communities beyond financial incentives, while SVM applications are crucial for enhancing transaction speeds and user experiences on Solana. As Web3 adoption accelerates, Bybit remains committed to bridging users and developers in the evolving decentralized finance landscape.
about Bybit and Solana Summit Highlight Community Engagement and SVM Innovations for 2025Solayer Launches LAYER Token to Revolutionize Blockchain Performance and Scalability
Solayer has introduced the LAYER token, enabling a groundbreaking blockchain capable of processing 1,000,000 transactions per second (TPS) through innovations like InfiniSVM technology and decentralized transaction prioritization. With a total supply of 1 billion tokens, LAYER serves as a governance tool, gas token, and incentive for ecosystem growth, while ensuring security through a multi-signature committee and transparent code updates. Positioned to revolutionize Web3, Solayer aims to become a key player in decentralized finance, gaming, and AI computing by 2025.
about Solayer Launches LAYER Token to Revolutionize Blockchain Performance and ScalabilityInfiniSVM Launches Solana Blockchain Promising Millisecond Transaction Speeds
Solayer has introduced InfiniSVM, a Solana-based blockchain designed for millisecond transaction speeds through innovative architecture and hardware acceleration. Utilizing ASIC processors and a load balancing system, it aims for transaction confirmation times of just 1 millisecond, significantly faster than Solana’s current 400 milliseconds. The implementation of a “proof of assigned stake” consensus mechanism enhances network throughput while maintaining decentralization, potentially revolutionizing DeFi efficiency and DApp adaptation.
about InfiniSVM Launches Solana Blockchain Promising Millisecond Transaction Speeds