VC Spectra’s (SPCT) meteoric rise has caught the attention of investors and crypto analysts. With its cutting-edge technology, the new decentralized asset management protocol has positioned itself as a formidable contender in the blockchain space. On the other hand, Solana’s (SOL) network was recently exploited, while Curve DAO (CRV) ceased rewards for hacked pools. Let’s find out why SPCT overshadows SOL and CRV.

VC Spectra: Unleashing A New Era In Blockchain

VC Spectra’s (SPCT) revolutionary features have attracted many supporters during the public presale phase. As a community-based decentralized hedge fund, VC Spectra (SPCT) brings the most viable investment possibilities, providing users with optimal gains while minimizing risks.

Moreover, VC Spectra’s (SPCT) developers have utilized the latest achievements in AI technology to execute profitable trading decisions. Thus, users can detect market trends and ensure their investments bring substantial returns.

Furthermore, VC Spectra’s (SPCT) visualization tools empower holders to track their portfolios’ performance actively. This seamless protocol enables VC Spectra (SPCT) investors to make informed decisions and receive apt rewards in the form of quarterly dividends and buybacks from the profits.

VC Spectra (SPCT) is selling at $0.011 in Stage 2 of its public presale and is poised to surge 127.27% of its current price to hit $0.025 in Stage 3. Buy your tokens now to earn a 627% ROI by the end of the presale.

Solana (SOL) Bears Roar Amidst Network Breach

Solana’s (SOL) journey has been marked by a series of challenges, ranging from periods of operational disruptions to the SEC’s classification of SOL as an asset. Yet, the challenges for Solana (SOL) extended beyond these realms, with a well-established decentralized exchange on the network falling victim to exploitation.

In the wake of an approximate $1 million exploit, Cypher Protocol, the decentralized exchange on the Solana ecosystem, swiftly initiated a precautionary measure by freezing its smart contract. The Cypher team is actively investigating the underlying trigger of the network hack.

According to Solana blockchain explorer Solscan, the hacker stole approximately 39,704 SOL tokens and $123,231 worth of USDC. This series of events culminated in the unauthorized accumulation of funds worth $1,036,423.

So, it’s no surprise Solana (SOL) plunged by 6.9% over the past week, from $24.19 to $22.51. Due to the network hack, Solana (SOL) has also witnessed reduced investor sentiment. Market projections indicate Solana (SOL) could plummet by 10.5% in the coming weeks, from $22.51 to $20.14.

Can Curve DAO (CRV) Recover From Network Hack?

Curve DAO (CRV) recently fell victim to a hacking incident, causing a sharp decline in CRV tokens’ value on Binance. The hackers infiltrated various DeFi pools on Curve DAO’s (CRV) network and made away with over $60 million. Crypto market makers swiftly intervened to counteract the situation, preventing the massive liquidation of CRV-collateralized loans.

The exploit profoundly impacted Binance’s 2% bid-side market depth. The number of buy orders within 2% of the mid-price spiked from roughly 500,000 CRV to over 1 million CRV.

Curve DAO (CRV) responded to the hack by ceasing rewards for the adversely affected pools. In an attempt to recover the stolen funds, Curve DAO (CRV) publicly appealed to the hackers on Etherscan, promising a 10% restitution reward for the return of the assets.

Unfortunately, Curve DAO’s (CRV) price bore the brunt of the network breach. Recent data indicates Curve DAO (CRV) plunged by 15.3% over the past week, from $0.72 to $0.61. In light of these developments, analysts indicate Curve DAO (CRV) may plummet from $0.61 to $0.45 in the coming months.

Find out more about the VC Spectra presale here:

Buy presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.