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What is Pepe Coin (PEPE) and why Ethereum Jumps to $2K

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Cryptocurrency 101: A Beginner’s Guide to Understanding Cryptocurrencies, and Their Advantages

Trends and Performance of Major Cryptocurrencies


<h2 class="wp-block-heading">A Journey Through Solana&#8217;s Ups and Downs</h2>



<p>Solana&#8217;s ride has been wilder than a bull market. From regulatory battles to server hiccups, the drama has been real. Just when you thought the curtain had fallen, a spotlight lands on a prominent Solana DEX that has just taken an unexpected plunge.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>


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<figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" src="https://miro.medium.com/v2/resize:fit:1400/1*hwUukIiudxD3_6jLKkDgXQ.png" alt="" style="width:454px;height:299px" width="454" height="299"/></figure></div>


<h2 class="wp-block-heading">Cypher Protocol&#8217;s Not-So-Magical Elixir</h2>



<p>The grand stage of Solana played host to an event that could rival a Shakespearean tragedy: Cypher Protocol, a decentralized futures exchange, found itself in the crosshairs of a hacker&#8217;s ambition. With an audacious exploit worth a jaw-dropping $1 million, even the bard himself would struggle to pen a more dramatic plot twist.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p>Read more: <a href="https://hodl.fm/solana-playgg-event-changing-crypto-gaming/">Solana’s PlayGG Event: Flipping the Crypto Gaming Narrative</a></p>



<p>In a daring move, Cypher Protocol put its smart contract on ice after detecting the security breach. The message to the hacktivist was loud and clear – &#8220;Not so fast.&#8221; As they say, you can&#8217;t swipe crypto without leaving a digital footprint.</p>



<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Cypher has has experienced an exploit/security incident. The smart contract has been frozen.<br><br>The team is currently working with individuals and investigating<br><br>To the hacker: We are writing to see whether you would be open to speaking with us about any potential next steps.</p>&mdash; cypher ©️ (@cypher_protocol) <a href="https://twitter.com/cypher_protocol/status/1688641036476731393?ref_src=twsrc%5Etfw">August 7, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 class="wp-block-heading">Hacker&#8217;s Hide and Seek: NFT Edition</h2>



<p>Our mysterious hacker, armed with a digital sack of pilfered funds, decided to play a different game of hide and seek. Cryptic NFT messages, like breadcrumbs for digital detectives, led a trail back to the mischievous wallet. &#8220;People will find you,&#8221; one NFT sternly reminded the thief. It&#8217;s like telling a cartoon villain that the superhero will eventually swoop in.</p>


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<h2 class="wp-block-heading">The Ethical Hacker&#8217;s Dilemma</h2>



<p>As the dust settled, a question loomed – can a hacker have a change of heart? The NFT community hoped for a plot twist straight out of a redemption arc. Wallets brimming with ill-gotten tokens triggered a plea for virtue. &#8220;Do the right thing and give the rest back,&#8221; an NFT earnestly implored. It&#8217;s heartwarming, really – a digital conscience with a dash of blockchain justice.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading">The Waiting Game</h2>



<p>As night fell on this digital drama, the Cypher Protocol team sat on the edge of their virtual seats, waiting for a cyber-conversation with their uninvited guest. Alas, the hacker stayed as elusive as a ghost in the machine. The team&#8217;s latest tweet even offered up a virtual olive branch – a way for the hacker to drop a virtual &#8220;hello.&#8221;</p>



<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">if you are the attacker you can reach out on email or session chat app<br><br>email: recover_protocol@proton.me<br><br>session id: 05acb0ff5ecb13d3e9d6e8225342994157df834f5f14ac916f2212b20539fe113d <a href="https://t.co/ZnEbJN8Kju">https://t.co/ZnEbJN8Kju</a></p>&mdash; cypher ©️ (@cypher_protocol) <a href="https://twitter.com/cypher_protocol/status/1688650182252986368?ref_src=twsrc%5Etfw">August 7, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>In the broader Solana realm, the cryptocurrency&#8217;s price danced at $23.23, trying to regain its footing after some recent dips. As they say, even amidst chaos, the markets keep marching to their own beats. The last laugh could still be a digital one.</p>


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<h2 class="wp-block-heading">In the End, Only Time Will Tell</h2>



<p>Ah, Solana, you enigmatic mistress of the crypto cosmos. Your journey through hacks and heroics is a tale for the ages. As the curtain falls on this act, one can&#8217;t help but wonder – will our hacker find redemption, or will the allure of ill-gotten gains prove too enticing?</p>



<h3 class="wp-block-heading">Read More: </h3>



<ul>
<li><a href="https://hodl.fm/clockchain-carbon-transparency-solana/">A Deeper Dive into Blockchain Carbon Transparency: Solana’s New Emissions Dashboard Takes Centre Stage</a></li>



<li><a href="GameShift: Leveling Up Blockchain Gaming with Solana’s Wild Tool!">GameShift: Leveling Up Blockchain Gaming with Solana’s Wild Tool!</a></li>
</ul>



<p>And so, dear hodlers, we bid adieu to this chapter of Solana&#8217;s story, knowing that the next page will surely hodl another twist in this ever-evolving saga of bits and bytes.</p>



<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>
