Off-Chain 8/4/22: Slope Wallet Chaos on Solana, Yet ANOTHER Bridge Hack, and Meta's Metaverse Play

04/08/2022 47 min

Listen "Off-Chain 8/4/22: Slope Wallet Chaos on Solana, Yet ANOTHER Bridge Hack, and Meta's Metaverse Play"

Episode Synopsis

In this week's episode of Off-Chain, we cover the following stories: A major exploit on the Solana blockchain resulted in ~$6mm worth of SOL/USDC being drained from individual wallets. ZB Exchange has lost nearly $5M in suspected hack; pauses withdrawals. The Nomad bridge was hacked and $190mm in funds were lost. Meta’s Metaverse division lost $2.8B in Q2; What does this mean for their Metaverse vision? MicroStrategy Reports $917M Bitcoin Impairment Charge. Solana Opens IRL Retail Store and Web3 'Embassy' in New York.