Latest $290M exploit hit DeFi so hard it forced Aave onto Solana as part of rescue efforts
AAVE, the native token of the Aave DeFi platform, is now available on the Solana blockchain network. The move will give Solana users access to one of the largest lending protocols in decentralized finance without leaving the network. This came less than two days after the Solana Foundation revealed that it would deploy part of […] The post Latest $290M explo...
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Solana developers outline plan to protect network from quantum threats
Solana's core developer teams Anza and Jump Crypto have aligned on Falcon, a quantum-resistant digital signature scheme, to protect the network from future quantum computing threats. The foundation maintains quantum risk remains years away and outlined a phased migration plan unlikely to impact performance. Blueshift's quantum-resistant primitive has already operated on Solana for two years.
DeFi United push hits $300M as Consensys and Joseph Lubin contribute 30,000 ETH
DeFi United relief effort surpasses $300 million as Consensys and Joseph Lubin contribute 30,000 ETH to address Kelp DAO exploit losses. Circle Ventures purchases AAVE tokens while multiple protocols including Lido DAO and Ether.fi pledge support. The coordinated initiative aims to restore rsETH backing and stabilize market conditions following the LayerZero bridge compromise that left Aave with significant bad debt exposure.
