Crypto Hack Weekly Report: Solana Wallet Breach and DeFi Challenges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 01 2024Security Breaches in Cryptocurrency: Recent hacks, including the DEXX platform affecting over 8,620 Solana wallets and the Pump Science incident due to developer negligence, highlight significant security vulnerabilities in the cryptocurrency industry, leading to substantial financial losses.
Influencer Manipulation and Market Ethics: Allegations against YouTuber MrBeast for crypto manipulation and insider trading raise concerns about ethical practices in crypto marketing, emphasizing the need for regulatory oversight and improved security measures within the ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
