Solana News Today: GMGN.Ai Compensates Every Attack Victim, Strengthening Confidence in DeFi
- GMGN.Ai announced full reimbursement for users affected by phishing and MEV sandwich attacks, impacting 836 accounts/transactions. - The platform completed 100% compensation within 48 hours, automatically crediting funds to wallets without user action. - Founder Haze confirmed phishing threats are neutralized while investigating MEV vulnerabilities, pledging enhanced security protocols. - The response earned community praise for transparency, highlighting DeFi's growing risks and need for stronger blockc
GMGN.Ai, a prominent
At the same time, GMGN.Ai responded to a larger-scale issue involving a maximal extractable value (MEV) sandwich attack, which affected 729 transactions on the
The swift action taken by GMGN.Ai has been met with approval from the crypto community, with many users praising the platform’s openness and sense of responsibility. One X user described the reimbursement as “legendary,” while others appreciated that no action was required from those affected, as highlighted in a
The recent attacks have also reignited discussions about the need for stronger security measures in blockchain networks. Solana, the network affected by the MEV exploit, has experienced a spike in memecoin activity, making it a frequent target for attackers. Despite the incident, CoinMarketCap data shows Solana’s price climbed 6.12% in the following 24 hours, demonstrating the market’s resilience, as noted in the MEXC announcement. Experts point out that while immediate compensation is vital, lasting trust will rely on improved network security and ongoing protocol enhancements, as also mentioned in the MEXC announcement.
GMGN.Ai’s response reflects a broader movement in DeFi, where platforms are increasingly focused on safeguarding users to maintain both liquidity and reputation. The founder has committed to further strengthening security measures after these events, indicating a more mature approach to risk management within the memecoin arena, as outlined in the Meme Insider post.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Institutional Interest Drives Ethereum ETF Growth Surpassing Bitcoin
- Ethereum ETFs outperformed Bitcoin with $246M inflows, driven by Fidelity and BlackRock, as institutional adoption and regulatory clarity boost crypto acceptance. - Hyperscale Data's 50% Bitcoin treasury and Hyperliquid's $5B onchain ecosystem expansion highlight growing institutional-grade crypto infrastructure. - Fed rate decisions and inflation data loom as key volatility factors, while Blazpay's $925K presale and Western Union's Solana stablecoins signal mainstream crypto integration. - Retailers lik

Solana News Today: Solana Drops Below $200: Robust Technology Faces Downward Pressure
- Solana (SOL) breaks below $200, triggering bearish signals as technical indicators show declining momentum. - Key support levels at $192, $188, and $180 now at risk, with a potential drop to $59–$69 if the downtrend continues. - Despite fundamentals like 65,000 TPS and low fees, Solana trails Ethereum in TVL ($11B vs. $83B) and faces ETF approval uncertainty. - Mixed market sentiment sees $300M in exchange inflows and 1.5M SOL moved, signaling bearish positioning amid broader crypto weakness.

Analyst Says Something Big Is Going On: “We Will See a $100 XRP Way Before 2030”
Bitcoin Updates: International Investors Access Telecom-Supported Bitcoin Investments Through PTS' Licensed Mining Notes
- PTS, a Japan-based telecom infrastructure firm, launches Pivotal Mining Note (PMN), the first Japan-origin digital security backed by Bitcoin mining infrastructure. - PMN offers accredited investors structured Bitcoin exposure via real mining operations, with stablecoin subscriptions and institutional-grade reliability leveraging PTS's telecom expertise. - The product, issued via U.S.-regulated platform Republic, aims to democratize institutional Bitcoin mining access while mitigating volatility through
