The overall cryptocurrency market keeps being rocked by the recent Bybit debacle, with sharp drops hitting a number of coins. Solana has absorbed one of the heaviest hits in the hacking aftermath. Investigations into the incident have uncovered that the stolen funds were bridged to our beloved blockchain and that concerns have arisen about possible money laundering happening with those now-underground funds in the memecoin sector. There is still some energy in the memecoin market, but it is pale and sickly compared with last year’s huge gains. Solana Faces Setback Amid Bybit Hack Fallout The broader market continues to sell
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