Solana Foundation Reacts to Record-Breaking DeFi Hack

The Solana Foundation has expressed its concern over one of the biggest DeFi hacks in history, which has left many questioning the security of decentralized finance platforms. In a statement, the foundation described the incident as 'terrifying' and emphasized the need for stronger security measures.

The hack has also had a significant impact on the cryptocurrency market, with many assets trading at multi-year lows. Dogecoin's price is no exception, currently trading at $0.094 and showing little signs of recovery. The community remains pessimistic, with bearish sentiment continuing to dominate the market.