Solana, the popular blockchain that has recently been plagued by congestion problems, added a payment service (Solana Pay) that will allow direct use of dollar-backed cryptocurrencies. It plans to offer instant settlement, fraud protection for merchants and near-zero cost. Meanwhile it’s Phantom wallet has finally gone mobile, debuting an iOS app as well. However the bad news continues as Solana was once again hacked. Solana has taken a hit following last night’s a $322 million hack on its Wormhole bridge. SOL has dipped amid uncertainty about the backing of wETH on the bridge.
#Solana #SOL #Crypto
~Solana a Lost Cause or A Great Buy? | $SOL Updates & Endless Hacks~
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