Saber's chart on DeFiLlama (DeFiLlama)
Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
The website “toggled off” double-counting after CoinDesk uncovered one Solana developer’s effort to fool the all-important metric for popularity in DeFi.
Saber's chart on DeFiLlama (DeFiLlama)

A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)
The Fake Team That Made Solana DeFi Look Huge
We already knew that crypto developers cannot always be trusted. But can we even trust the data?
A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)

A hardware wallet (Hendrik Morkel via Unsplash)
Crypto’s Future Depends on Security, Ledger Exec Says
Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover” to discuss Solana’s $5 million exploit and what crypto needs to do to...
A hardware wallet (Hendrik Morkel via Unsplash)

How 2 Brothers Faked a Defi Ecosystem Using Anonymous Personas
How 2 Brothers Faked a Defi Ecosystem Using Anonymous Personas
A CoinDesk investigation revealed how the Macalinao brothers used a web of bogus identities to create the illusion of a developer community, juicing value on the Saber protoco...
How 2 Brothers Faked a Defi Ecosystem Using Anonymous Personas

Ian Macalinao is one half of the Saber brothers (Danny Nelson/CoinDesk)
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving...
Ian Macalinao is one half of the Saber brothers (Danny Nelson/CoinDesk)

US Crypto Bill Pile Up; Philippines Binance Warning
US Crypto Bill Pile Up; Philippines Binance Warning
Senate proposal suggests responsibility for Bitcoin and Ethereum should lie with the CTFC. Philippines’ SEC warns public not to invest with Binance. Solana blames Slope mobile...
US Crypto Bill Pile Up; Philippines Binance Warning

BTCS CEO: Ethereum Could be Crypto's 'Silver Lining'
BTCS CEO: Ethereum Could be Crypto’s ‘Silver Lining’
Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential fact...
BTCS CEO: Ethereum Could be Crypto's 'Silver Lining'

Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise
Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise
Approximately 8,000 crypto wallets were hacked Tuesday with at least $5 million worth of Solana-based tokens drained from unsuspecting users. Ledger Enterprises Global Head Al...
Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise

A scene from Solana's Miami Hacker House in April (Danny Nelson/CoinDesk)
Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say
Affected wallets were all confirmed to be either created or used in Slope mobile wallet apps.
A scene from Solana's Miami Hacker House in April (Danny Nelson/CoinDesk)