Solana developers want to fork liquidity hub Serum after the compromise of FTX led to hackers withdrawing over $400 million from the bankrupt exchange.
Given that FTX developed Serum, many developers believe that the FTX hack could have affected the decentralized network.
Solana founder, Anatoly Yakovenko, said developers are forking Serum code today and will resume the protocol free of FTX involvement.
The leader in news and information on cryptocurrency, digital assets and the future of money, CDex is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CDex is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CDex employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CDex journalists are not allowed to purchase stock outright
