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7 Apr 2026, 23:19

Solana Foundation launches STRIDE program after major Drift Protocol exploit

Solana Foundation launched STRIDE to improve DeFi security following the Drift Protocol exploit. The initiative focuses on continuous monitoring and formal verification for high-value Solana-based protocols. Continue Reading: Solana Foundation launches STRIDE program after major Drift Protocol exploit The post Solana Foundation launches STRIDE program after major Drift Protocol exploit appeared first on COINTURK NEWS .

7 Apr 2026, 21:07

Solana DEX Stabble Urges Liquidity Exit After North Korea Employee Alert

Solana-based decentralized exchange Stabble triggered alarm across the DeFi market after urging liquidity providers to withdraw funds immediately. The warning followed revelations that a developer linked to North Korea allegedly worked on a related ecosystem project. Consequently, the platform’s abrupt response raised concerns about internal security controls and hiring practices within decentralized finance. Emergency Warning Shakes LP Confidence The incident unfolded shortly after blockchain investigator ZachXBT published findings about a suspicious developer tied to a Solana infrastructure project. Moreover, the report suggested the individual operated under a false identity for an extended period. Stabble reacted quickly and issued urgent calls for liquidity providers to exit positions. Besides, the platform emphasized caution over certainty, signaling uncertainty rather than confirmed risk. This approach reflected broader anxiety across DeFi, where trust often depends on transparent operations. Additionally, the team clarified that no exploit had occurred. However, the timing and tone of the warnings amplified user concerns. Consequently, some liquidity providers rushed to withdraw assets to avoid potential exposure. North Korea Concerns Resurface in Crypto U.S. authorities have repeatedly warned about North Korean operatives infiltrating crypto firms using fake credentials. Hence, the situation surrounding Stabble adds to a growing list of similar concerns. Moreover, recent incidents strengthened these fears. Drift Protocol recently linked a major exploit to actors associated with North Korea. That case followed earlier attacks, including the Radiant Capital breach in 2024. Significantly, these patterns highlight vulnerabilities in decentralized ecosystems that rely on remote contributors. Additionally, the absence of strict identity verification increases exposure to such risks. New Team Promises Stronger Safeguards Stabble stated that a new team assumed control of operations weeks before the incident surfaced. Consequently, the group framed the warning as part of a broader effort to rebuild trust and improve oversight. Moreover, the team pledged to conduct fresh audits and strengthen internal controls. These measures aim to reassure liquidity providers and restore platform credibility. However, criticism emerged regarding communication strategy and timing. Some users argued that the warnings created unnecessary panic without confirmed evidence of wrongdoing. Despite this backlash, Stabble maintained that protecting user funds remains its priority. Additionally, the platform signaled plans to resume normal operations once audits conclude.

7 Apr 2026, 20:30

Solana DEX Warns Liquidity Providers to Withdraw After North Korean Employee Link Surfaces

Stabble, a Solana-based decentralized exchange ( DEX), urged all liquidity providers on Tuesday, to withdraw their funds immediately after onchain investigator ZachXBT publicly linked a former employee to suspected North Korean IT operations. Key Takeaways: Stabble urged all liquidity providers to withdraw funds on April 7, 2026, after ZachXBT flagged a suspected former employee as

7 Apr 2026, 18:30

Solana Tries To Turn Fear Into FOMO — Can STRIDE Really Stop The Next $300M Rug?

The Solana Foundation has unveiled new security initiatives framed as a “new wave” of ecosystem security. Solana Attempts To Rebuild The Trust This Monday, the Solana Foundation announced on a blog post the launching, in collaboration with Asymmetric Research, of the STRIDE (Solana Trust, Resilience and Infrastructure for DeFi Enterprises) program. STRIDE is an organized framework designed to continuously assess and oversee the security of projects built on the ecosystem. According to Assymetric Research’s own blog post , STRIDE works as an eight‑pillar security framework that will carry out independent reviews of ecosystem protocols to verify they comply with it. The results of these assessments will be released publicly, giving users and investors clear visibility into the safety of the platforms they use. In parallel to STRIDE, the foundation also released the Solana Incident Response Network (SIRN), a member‑driven coalition of security companies and researchers focused exclusively on the Solana ecosystem. According to the blog post, founding participants of the membership-based network include Asymmetric Research, OtterSec, Neodyme, Squads, and ZeroShadow. SIRN is the “war room”, sharing threat intel and coordinating live hack responses across the ecosystem. The new initiatives sit on top of existing tools like Hypernative, Range, Riverguard, Sec3, and AuditWare, which are offered free to builders to harden code from day one. This is a core shift away from one‑off audits toward continuous, foundation‑funded monitoring, public security reports and coordinated incident response. A Shift In Security Protocols, But A Shift In Sentiment? These moves directly follow the April 1st $286 million attack on the Solana-based Drift Protocol that ended up being attributed to North Korean hackers. The blog post, however, makes no mention of the attack. Despite that, it does spell out the need to strengthen the security services the foundation offers. Solana was built for security. And as the ecosystem scales, the stakes scale with it (…) Solana Foundation has a long history of dedicating resources to ensure that security services and tools are available to the ecosystem. While it is true that security headlines and follow‑through on STRIDE/SIRN may help repair sentiment after the Drift shock, any new exploit on an unevaluated protocol could be punished harder. Cover image from Perplexity. SOLUSD chart from Tradingview.

7 Apr 2026, 18:11

Solana Foundation to Help Secure DeFi Protocols Following $285 Million Drift Hack

The Solana Foundation will offer tiered security services to DeFi protocols, marking a shift toward institutionalized protection following the Drift exploit.

7 Apr 2026, 18:00

Solana Price Prediction: Hack, Rug, and Milei Libra Allegation – What’s Next for SOL?

Between a high-profile $285M hack , fresh rug allegations, and SOL’s entanglement in the Milei Libra token scandal , sentiment remains fractured even as price action improves. The question is directed at the ecosystem: can it withstand three separate trust crises at once? Can Solana price prediction turn bullish this time? CRYPTO: NYT REVEALS ARGENTINE PRESIDENT MILEI MADE 7 CALLS TO LIBRA PROMOTER ON NIGHT OF TOKEN LAUNCH The New York Times reported that Argentine President Javier Milei exchanged seven phone calls with crypto lobbyist Mauricio Novelli on the night he promoted the LIBRA token… pic.twitter.com/SvHNaVlhk9 — BSCN (@BSCNews) April 6, 2026 SOL just finished its head and shoulder pattern on the daily chart, dropping from a swing high of $86 and consolidating above both $75 and the 100-hourly simple moving average. Solana ETFs posted $5.2 million in weekly outflows ending April 6, a reminder that institutional money is leaving. Community analyst put it plainly: “Solana has been accumulating within $78–$90 range… very close to a potential breakout… first major target is $110.” The technical setup is recovering. The macro overhang is not. Discover: The best crypto to diversify your portfolio with Solana Price Prediction: $110 or Macro Headwinds Return and Butchers It A sustained close above $82 opens the door to $85, then $88. High-volume continuation could target the widely cited $110 breakout level, aligning with the descending trendline breakout thesis. Especially with the finished Head and Shoulder pattern that could mark its bottom. SOL could as well oscillate between $75–$80 over the next week, digesting ETF outflows and narrative headwinds while the MACD and RSI hold constructive. It just needs to avoid a breakdown below $75 support, which could reopen the path toward the lower end of the 2026 range at $49. The Libra fallout and continued ETF outflows represent the most credible triggers. SOL USD, Tradingview The 30-day performance of -4% matters here. It’s looking like a slow bleed for now. The Solana Foundation’s ecosystem security programs may help stabilize developer confidence post-hack, but the price needs $85 to crack on volume before the bull case becomes actionable. Discover: The best pre-launch token sales LiquidChain Targets Early Mover Upside as Solana Failed to Test Key Resistance SOL here sounds compelling, until the math runs. A move to $110 from here is more than 35% upside on a $45 billion market cap. Meaningful, but not transformative for late entrants. For traders watching Solana’s cross-chain momentum and the structural fragmentation that made the Libra exploit possible in the first place, early-stage infrastructure plays offer a different risk/reward profile. LiquidChain is an L3 blockchain designed to unify Bitcoin’s capital, Ethereum’s DeFi depth, and Solana’s execution speed into a single environment. The pitch is architectural: assets from BTC, ETH, and SOL are verifiably represented on the L3 without wrapping, creating deep fungible markets across chains. The next layer starts here. ⟁ https://t.co/vqvBcdSQYC pic.twitter.com/vBzPngPk2e — LiquidChain (@getliquidchain) April 6, 2026 Deploy-once architecture means developers access all three ecosystems from a single codebase, which addresses exactly the silo problem that fragmented liquidity exploits. The presale is currently priced at $0.01447 , with more than $640K raised to date. Trust and safety audits are included, one of them being done by Certik, a benchmark in crypto contract audit. In Liquid’s early-stage token, presalers also have the chance to get an early 1660% staking APY bonus by locking the token before launch. Research LiquidChain at the official presale page before considering any position. The post Solana Price Prediction: Hack, Rug, and Milei Libra Allegation – What’s Next for SOL? appeared first on Cryptonews .