Overview

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.
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