Solana revealed the details of the hacking of thousands of user wallets, and Twitter sued Binance representatives in the case against Elon Musk – these and other important news of the cryptocurrency market in our review.

The Solana project has unveiled the first details of the thousands of wallets hack that took place on August 3rd. The developers found that all affected addresses were related to the Slope mobile application, were created in it, imported, or used. Also, Solana developers have previously claimed that the hack is not related to an error in the blockchain code, but is caused by software that “several popular wallets” use.

Lawyers for Twitter Inc (NYSE: TWTR) demanded that representatives of the cryptocurrency exchange Binance be summoned to testify in court, where the case of the failed purchase of the social network by Elon Musk is being considered, Bloomberg reports. Lawyers want information on the terms of Binance’s participation in financing this transaction.

Banks of China are gradually moving to process and issue loans to individuals and industrial enterprises in the state digital currency, writes Bits. media. Banks in Suzhou and Shaanxi provinces, as well as the city of Guangzhou, have begun issuing digital yuan (e-CNY) loans to customers ranging from $10,363 to $222,000.

More than $4.7 million in crypto has been withdrawn from the ZB.com exchange as a result of a likely hacker attack, cybersecurity company PeckShield said. Analysts specified that the withdrawn funds included 21 types of assets, including MATIC, APE, SHIB, AAVE, USDT, and USDC.

American coffee chain plans to launch a new Web3 rewards program to attract and retain customers, writes Cointelegraph. Howard Schultz, Acting Director of Starbucks, which owns the chain of coffee shops around the world, explained that the company will soon introduce a new digital initiative that will expand the loyalty program: stars. And also introduce new methods of emotional involvement.”