RTFKT

News 2025 April 27, 12:01 (49 days ago )

6 hours Crypto Highlights: Bitcoin, XRP, Solana, Pi Network, Meme Coins | Rapid Developments Unfolding

A recent exploit in the #Solana DeFi protocol #Loopscale has led to a halt in lending services after a staggering $5.8 million was siphoned from the platform. This incident raises concerns about security measures in DeFi ecosystems and the potential for further vulnerabilities.

In a notable legal development, #Nike's subsidiary #RTFKT is facing a lawsuit regarding its NFTs, as issues surrounding intellectual property rights come to the forefront. The outcome could have significant implications for how NFTs are treated legally.