Solana price holds key $143 support after multi-week decline

A malicious Chrome extension named Crypto Copilot has been identified, allowing users to trade Solana directly from X while secretly skimming a portion of each transaction. This raises significant concerns regarding user security and trust in cryptocurrency trading tools.

The 21Shares Solana ETF (TSOL) has experienced a significant outflow of over $34 million in a single day, marking the end of a previously successful run for Solana ETFs. This reversal comes amid a broader trend of shifting investor sentiment in the cryptocurrency market.

Ethereum is currently retesting key resistance levels after a notable correction, with analysts anticipating the upcoming Fusaka upgrade on December 3 as a potential catalyst for a rally. This follows a challenging November where Ethereum faced a 26% decline amidst broader market pressures.

DWF Labs has launched a $75 million fund aimed at accelerating the development of decentralized finance (DeFi) infrastructure, targeting next-generation projects across various blockchain platforms including Ethereum, BNB Chain, and Solana. This initiative reflects a growing commitment to enhancing the DeFi ecosystem and supporting innovative financial solutions.

Bitcoin has reclaimed the $91,000 zone after experiencing a significant 30% drawdown from its all-time highs, leading to a split among analysts regarding whether this consolidation indicates a recovery or a deeper bear phase. Analysts are closely monitoring on-chain data and market signals as Bitcoin's price fluctuates around this crucial level.

Kaspa's price has broken out of a long-standing descending trendline, indicating a potential bullish reversal with a target of 55% upside. This breakout follows a significant rally of over 40%, suggesting renewed investor interest and confidence in the cryptocurrency.

Upbit, South Korea's largest cryptocurrency exchange, experienced a significant security breach resulting in a loss of approximately $36 million from its Solana hot wallet. This incident occurred shortly after its parent company, Dunamu, announced a $10 billion acquisition deal with Naver, raising concerns about the exchange's security measures.

Upbit, South Korea's largest cryptocurrency exchange, has reported a hack resulting in a loss of approximately $37 million from its Solana network. The exchange has suspended all deposits and withdrawals as it investigates the incident and aims to bolster security measures to protect customer assets.