Crypto News Today: Ethereum Smart Accounts Near Launch, Solv Hack Hits $2.7M, Solana ETFs Stay Strong

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1. What are Ethereum smart accounts?

Smart accounts are programmable crypto wallets that allow advanced features like multi-signature security, automated transactions, and gas payments in tokens other than ETH.

2. What caused the Solv Protocol exploit?

The $2.7 million exploit reportedly resulted from a smart contract vulnerability that allowed attackers to mint tokens and convert them into Bitcoin-pegged SolvBTC.

3. Why are Solana ETFs still attracting inflows?

Despite Solana’s price decline, institutional investors continue allocating capital, with ETFs accumulating about $1.5 billion in inflows.

4. Why did Bitcoin ETFs see outflows?

Bitcoin spot ETFs recorded $227 million in net outflows due to short-term profit-taking and market volatility.

5. What is OKX Orbit?

OKX Orbit is a new social trading feature that allows users to share market insights, livestream discussions, and verify trading performance within the exchange’s app.