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Solana
Solana Labs Faces Lawsuit; US Bans Crypto Holders From Writing Government Policies
A class action suit filed in California federal court accuses key players in the Solana ecosystem of illegally profiting from SOL. Separately, U.S. officials who invest in crypto are now banned from working on crypto-related policy that could affect the value of their assets.

Crema Finance Attacker Returns Almost $8M, Keeps $1.7M Bounty
The protocol had more than $9 million worth of cryptocurrencies stolen from its platform over the weekend in a flash loan attack.

Solana Labs, Multicoin Accused of Violating Securities Law by SOL Investor
Solana’s SOL token is an unregistered security whose insiders have benefitted while retail suffered, the suit alleged.

Polygon Joins Solana in Bringing Web3 to Smartphones
Tech startup Nothing has tapped Ethereum scaling tool Polygon to offer NFTs on its new Android-based Nothing Phone (1). This comes as Polygon’s competitor, Solana, is also developing its own Web3-focused phone called Saga.

Solana-Based Chingari Tokens Plunge 87%, Developers Flag Big Sell Order
The team denies rumors of an exploit or insider trading.

Polygon Joins Solana in Bringing Web3 to Smartphones
Tech startup Nothing has tapped the Polygon network to offer NFTs on its new phone.

Solana DeFi Protocol Crema Loses $8.8M in Exploit
Crema Finance developers said they are coordinating with “relevant organizations” to gather more information.

Hxro Begins Testing Crypto Derivatives Trading Platform on Solana
Trading will be restricted to dummy collateral as the developers stress test their network.

STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana
The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform.

Nansen to Track Solana NFT Data Amid Boom in Minting, Trading Activity
The platform’s data comes from the ecosystem’s two most popular marketplaces, Magic Eden and OpenSea.
