Fireblocks Adds Support for DeFi Apps and Solana-based NFTs
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Main page Technologies, NFT, DeFi
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Aug. 31, 2022

Fireblocks, a crypto custody service, has just added support for decentralized applications and Solana's NFTs ecosystem for users and developers, The Block has reported.

Michael Shaulov, CEO of the company, has said:

"Fireblocks’ Web3 Engine offers Solana builders the highest level of security when it comes to accessing the blockchain and its ecosystem of applications for their customers."

Solana's ecosystem ranks sixth in the DeFi Llama ranking, behind Ethereum, Tron, BNB Chain, Avalanche and Polygon. Its LTV is $1.37 billion.

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Solana ranks second after Ethereum in terms of NFTs trading volume.

Bad actors hacked around 8,000 Solana-based wallets in early August and stole millions of dollars.

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