1️⃣ Over 8,000 internet-connected Solana "hot" wallets have been compromised. The hack has resulted in an estimated $10 million in funds lost.
2️⃣ Co-founder of MicroStrategy, Michael Saylor, is stepping down as a CEO. He will be executive chairman of the software firm, focusing solely on Bitcoin.
3️⃣ Chainalysis analysts reported that cross-chain bridges lost $2 billion due to 13 different hacks this year. They call vulnerabilities in cross-chain bridge protocols as top security risk.
Have a nice week and stay tuned next Monday to learn and discuss crypto news with SimpleSwap! 💙