Latest news about Phantom

According to a blog post from blockchain analysis firm Chainalysis that came out on Tuesday, cryptocurrency hacks caused losses of $1.9 billion in the first seven months of the year. This was caused by a rise in funds stolen from decentralized finance (DeFi) protocols.

Tax experts say that Australian, Canadian, and U.K. crypto investors may be able to claim hacked crypto as a tax loss, but U.S. investors won't be able to do so.

Magic Eden, an NFT marketplace, said that it 'seems to be a widespread SOL exploit at play' and asked Phantom wallet users to remove permissions for any suspicious links.