Activate is an inclusive event where everyone from artists to developers can build together with blockchain. The hackathon will focus on cross-chain interoperability and aims to attract developers building in the Solana ecosystem using Serums DEX and liquidity infrastructure, Wormholes cross-chain bridge functionality, and technology from other sponsors of the hackathon. PsyOptions is an American style options protocol built on the Solana blockchain. As hacks go, this one was handled quickly, and because the ETH tokens were replaced by Jump Trading, no investor funds were lost. members, partner companies, and industry leading judges. SOLANACHAIN NEWS is aiming to become the leading media coverage platform around the Solana Blockchain Chain Ecosystem. Wormhole has released an incident report, which demonstrates fast action among a distributed set of stakeholders. It offers an on-chain central limit order book (CLOB) that gives developers access to matching services and shared liquidity across all protocols built on Serum. A virtual hackathon with up to $5million in prizes and seed funding. Serum has announced the launch of a cross-chain DeFI online hackathon, on Dec. 20, in partnership with Wormhole, the bridging solution. The bridge between TradFi (Traditional Finance) and DeFi (Decentralized Finance). In a nutshell, the attacker forged the signature on a transaction in wormhole, then submitted the invalid transaction to the Solana (SOL 4.99%) network as a valid one, which allowed the fraudulent minting of a large number of ETH tokens on the Solana network.

Discounted offers are only available to new members. This incident was deeply problematic, since it resulted in exploitation and financial losses to the company that released the software, but investor funds have been restored. Their international #riptide hacking event will run from Feb. 2 through March 17, 2022. Or, you can also reach us out at the #buidl-verification channel in the Discord https://discord.gg/PCdeK2nfwh. Founded in 2020, solana News is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (solana). from the modern web. Let's hope investigators will be able to identify the hacker and receive the stolen funds. The only requirement is that teams must incorporate Solana into their project in some way. You'll be directed to "Apply for Activate x Wormhole Hackathon in Miami'' page after the new BUIDL setup. Stock Advisor list price is $199 per year. 3 Reasons to Buy Ethereum Ahead of The Merge. Our content reaches hundreds of thousands of global investors who are active in the solana DeFi space. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Developers can submit their projects between Jan. 5 to Jan. 31, 2022. They then transferred many of those tokens to a digital wallet on the Ethereum network. Something went wrong while submitting the form. https://dorahacks.io/hackathon/25/detail/. Wormhole is a project by Certus One, which is owned by privately held Jump Trading, LLC. Github, crypto wallet and email are supported for creating an account. The Motley Fool has a disclosure policy. When submission succeeds, you'll see this notification. The Motley Fool owns and recommends Ethereum. If you already have a BUIDL on DoraHacks. Our content reaches hundreds of thousands of global investors who are active in the solana DeFi space. Choose your BUIDL project from "Apply with Existing BUIDL" and identify the track you want to join. While the Solana Foundation encourages participants to build with Wormhole, hackers can build any application or tool they believe will have an impact on the ecosystem. The leading DEX on Solana will conduct the Convergence hackathon with a focus on cross-chain interoperability. You can edit any details of your project in My Profile-edit, including project description, team members, tracks and bounties, etc.. DoraHacks is a global hackathon organizer and one of the worlds most active developer communities. All posts posted by this user belong 100% to solana.news All rights are reserved to Solana NEWS. Save my name, email, and website in this browser for the next time I comment. solana NEWS is a private news network. The code will not expire in 10 minutes when you click send code. Within two hours, the fix had been applied and verified, and all stakeholders had agreed to a plan for how to restore services in compliance with governance protocols. Cost basis and return based on previous market day close. No worries! We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. Bootcamps range from beginner to advanced and are designed to level up your skills quickly. Explore the world of innovation at DoraHacks: BUIDLs, continuous funding, grants, bounties, and hackathons. Wormhole connects ETH and ERC20 tokens to SPL Tokens, the token standard of the Solana blockchain. Wait! We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. Your email address will not be published. Before submitting, you need to create a BUIDL project. Thank you! Serum is a leading DEX built on the Solana blockchain network and is completely permissionless. solana NEWS is a private news network. Solana and its community place a high Investors are lucky that Jump Trading was able to replace the missing ETH, resulting in restoration of investors' digital assets. Projects participating in this hackathon will be competing for eight different prize tracks that will have up to $5 million worth of prizes and funding for the winners. Winners will have access to our partner network, which could be a turning point for your project or startup. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. All rights reserved. Certus One contacted the hacker(s) as soon as the software problem was fixed, offering them a $10 million bug bounty if they work collaboratively to restore the stolen ETH. There is also a $10 million reward available to anyone else who can provide details that lead to the arrest and conviction of the hacker. Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses. Please contact DoraHacks staff on Telegram @hackerlinkofficial for project verification and promotional support. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Note that for demo, demo link and social media, please offer URLs (with http/https://). To make the world smarter, happier, and richer. The project submissions in this hackathon will be judged by several eminent personalities of the DeFi and CeFi community like: The eight tracks for this hackathon and the associated prizes are: Main Prize $225,000 split between the first 5 places, Serum Award 1st prize is $50,00 and runner up prize is $30,000, Wormhole Award 1st prize is $50,00 and runner up prize is $30,000, PsyOptions Award 1st prize is $50,00 and runner up prize is $30,000. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Will Ethereum and Bitcoin See the "Flippening" in 2022? chains like Ethereum. Neither Solana nor Ethereum networks were halted. Take a look at our list of ideas for inspiration. Market-beating stocks from our award-winning analyst team. Back to Application window. For BUIDLers, we recommend you to connect the account to your github to make more people know what you are building at any time. Activate x Wormhole Miami is the first multi-blockchain chain hackathon. excited to announce the Solana Wormhole hackathon including speakers Fintech, DeFi, Blockchain, Web3 Daily News by Finyear, Future Finance, Fintech, DeFi | Daily News, FT launches Cryptofinance hub and newsletter, offering critical intelligence on the digital asset industry, Kaddexs X-Wallet on Kadena network is now available on iOS and Android, Offre : Contrleur financier Fonds de PE (3 6 ans) - Paris, LEtude Bonnard Lawson recherche un(e) AVOCAT(E) DROIT DES SOCIETES, Venture Capital - Operating Analyst (6months) @Serena - September 2022, H/F ALTERNANCE EN COMMUNICATION - SEPTEMBRE 2022, Stage : Analyste fusions et acquisitions F/H, Stage Fintech Mon Petit Placement - Business Developer - Lyon, Nomination dAlexis du Peloux au poste de Partner chez XAnge, DWF renforce sa pratique Restructuring Paris, Freedom Finance appoints Emma Steeley as CEO as Brian Brodie moves to Chairman, William Blair Bolsters Investment Banking Group With Senior Hires in London, Amber Group Appoints Benjamin Bai as Chief Legal Officer and Global Head of Legal and Compliance, GP Bullhound ouvre son centre dexcellence Malaga et recrute 50 nouveaux talents, Eversheds Sutherland conseille The Ritz Hotel, Limited sur l'augmentation de sa dette bancaire, Comment surmonter les obstacles les plus complexes de votre transformation numrique, Wolters Kluwer CCH Tagetik est class "Outstanding " et "Leader" dans le BPM Partners 2022, Hub Fintech Europe, le nouvel espace pour faire rayonner les startups et les scale-ups franaises et europennes, FTPA conseille Iris Galerie dans le cadre de sa leve de fonds de 7M auprs de Art Nova, FINOM choisit la solution Transaction Forensics de Resistant AI pour renforcer ses dfenses contre le blanchiment d'argent, Crypto & Finance Forum 2022 de lAdan : une nouvelle dition qui consacre le rle de la France dans la structuration de la crypto en Europe, Interview | La dette de cyberscurit, nouvelle menace pour les entreprises de la finance, 11th Swiss Payment Forum: Our Future in the Metaverse, Palmars Challenges 2022 : avec 1,5 milliards deuros, Patrice Pichet (groupe Pichet) possde la 75me plus grande fortune professionnelle de France, Avolta Partners advises Raizers on its sale to Groupe Empruntis, Pierre Leloup - Graphiste - Webdesigner - Freelance |. Stacey Curtis owns Solana. The hack was detected and action coordinated to respond to it within an hour of its occurrence. economies and elevate the existing applications currently built on other The Convergence Hackathon is an incredible opportunity for developers building on the Serum, Wormhole, PsyOptions, Terra, Atrix (and more!) As previously reported by Solana.News, the DEX integrated with Vybe Network to add its analytics dashboard to the portal. Calculated by Time-Weighted Return since 2002. solana News aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Go to https://dorahacks.io/hackathon/25/detail/ and click Submit BUIDL. Process changes are pending to streamline the application of future fixes. So what is the wormhole bridge? Since this is a collaborative effort, we're Your submission has been received! solana News aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). The email may take some time to arrive. priority on cross-chain interoperability to grow all decentralized This allowed the attacker to exploit vulnerable, deprecated code to accomplish their theft. Before the submission of DDL on May 22nd, please make sure you have added your Github link to the project. Founded in 2020, solana News is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (solana). It is an open-source developer platform and open source curation market. Solanachain.news is not affiliated with Solana.com in anyway. Learn More. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. To ask questions about the hackathon, join us in the Discord >. properties of blockchains with a front-end experience indistinguishable You can submit the project first, edit it later before the DDL. The network allows developers to combine the secure and self-sovereign Copyright 2022 DoraHacks. Activate is designed to be valuable for builders who are new to engineering and new to blockchain. Making the world smarter, happier, and richer. Ethereum Surges, but Ethereum Classic Up Much More on Merge Anticipation, Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 No-Brainer Dividend Stocks to Hold for Retirement, 2 Unstoppable Growth Stocks to Buy and Hold for Decades, 2 Nasdaq 100 Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague, The CHIPS Act Could Boost These 3 Semiconductor Stocks, Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Investors will want reassurance about how vulnerabilities with such financial impact can be averted in the future. Pyth network is a specialized oracle network that focuses on sourcing continuous real-world and crypto-related market data originating off-chain for smart contract consumption. All posts posted by this user belong 100% to solana.news All rights are reserved to Solana NEWS. Your email address will not be published. will open an entirely new design space for blockchain applications. We will show your hackathon project to our entire ecosystem of community Oops! compromises. Meanwhile, Solana has announced a security-boosting hackathon #riptide that offers $5 million in prizes. Click the link or scan the QR code to join the DoraHacks Discord: discord.gg/gKT5DsWwQ5. Motley Fool Issues Rare All In Buy Alert, Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR. Solana is an ultra-fast, low-cost, low-latency layer 1 blockchain. Wormhole, currently in testnet phase, is the result of a partnership between Solana and Certus One, a premier validator for distributed ledger technology (DLT), and it is the first of many bidirectional cross-chain bridges planned for the Solana network. With a strong focus towards Content Quality, Decentralized platforms, Hot topics in the market, Informative and education sources and guidance in how to be more aware around unreliable crypto projects.Solanachain.news is your way to SOL. Wormhole is a generic message-passing protocol that connects to multiple chains including Ethereum, Solana, Terra, Binance Smart Chain, Polygon, Avalanche and Oasis. Serum is a decentralized exchange and liquidity infrastructure protocol for DeFi protocols built on the Solana blockchain. We'll make every BUIDL a poster and arrange a live project demo session for you via Youtube Live/Binance Live. and judges who have built some of the top DeFi platforms on Ethereum. Invest better with The Motley Fool. Nyan Heroes Integrates Chainlink Price Feeds to Power NFT Marketplace, Release of JustMoney Pay Cryptocurrency Payment Gateway, If Solana [SOL] defends this zone, probability of a move higher would be high, Just In: Robinhood Lists Chainlink (LINK); Price Up By 5%, SOL price eyes 75% rally as Solana paints a bullish reversal pattern, Why Solana Has Outperformed Ethereum, SOL Up 36% In One Week. Click Create a new BUIDL and fill in the form as required. Up to $200k in prizes. This is reassuring in one way (the problem had already been detected and addressed) but disturbing in another (despite the available fix, the vulnerability was not blocked). to submit what theyre building and to be considered for a variety of prizes!, mentioned the official Medium blog elaborating on this hackathon. is the world's first web-scale blockchain, enabling scalability without The company behind the wormhole project has replaced the stolen ETH and patched the problem, and the network bridge is running again. Apparently, the vulnerability had already been detected and fixed in the code that interoperates between wormhole and Solana, but the fix had not yet been deployed to wormhole. Up to $200k in prizes, Boost your project at warp speed with Solana, Build a high-speed DEX on Solana using Serum infrastructure, 4 winners can win up to $30k and Solana Swag, Hackathon dates: October 28th through November 14. Is It Really Safe to Invest in Crypto Right Now?
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