Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline
Summary
Solana wallet Solflare announced it will cover missing staking rewards for its users after a validator unexpectedly stopped functioning. The affected funds involved a massive amount of cryptocurrency held across an undisclosed validator firm that went offline.
About 1.56 million SOL sat on a validator that stopped earning, and the wallet still hasn’t named the firm that held its keys.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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