PANews January 13 News, according to Cryptopolitan, a newly launched Solana-based application SHDW may pose risks, as users report being unable to withdraw funds after deposit and unable to contact customer service. The app focuses on private transaction features, promising to enable private and front-running resistant operations through the Jupiter aggregator, but its “Unblock” button is currently unusable, resulting in initial deposits being unrecoverable.
SHDW has received significant promotion on social media, with a token issuance originally scheduled for 20:00 UTC. The app was released and tested during the Solana Privacy Hackathon, but its security and actual privacy protection level have not yet been verified. Although SHDW plans to introduce features such as X402 standard transactions, prediction markets, and data filtering in the future, currently only Swap and wallet browser extensions are available.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
3 Promising Altcoins to Buy Before Momentum Builds — SOL, DOGE, and BCH
Solana drives growth through high speed, scalability, and an expanding developer ecosystem.
Dogecoin benefits from strong community support, brand recognition, and everyday payment use.
Bitcoin Cash enables fast, low-cost transactions with real-world payment utility and strong
CryptoNewsLand3h ago
Circle Mints Over $10B USDC on Solana in One Month
Circle has significantly increased USD Coin (USDC) minting on Solana, totaling over $10.25 billion recently. This surge indicates strong demand linked to crypto trading and DeFi growth, positioning Solana as a key player for stablecoin activity.
Coinfomania4h ago
The Solana Foundation launches Agent Skills, supporting AI agents and on-chain interactions
The Solana Foundation launched Solana Agent Skills on April 4, providing AI tools with prebuilt functional modules to simplify interaction with the Solana network. The official skill modules include error handling, security checks, and more. The community offers more than 60 skills, covering areas such as DeFi and payments.
GateNews8h ago
Circle Destroys 250M USDC on Solana, Monthly Total Reaches 10.25B
Gate News message, Circle destroyed another 250 million USDC four hours ago. Over the past month, Circle has destroyed a total of 10.25 billion USDC on Solana. According to Lookonchain's earlier report on April 3, 2026, Circle has been destroying 750 million USDC per day over the past four days, tot
GateNews11h ago
Top 4 Cryptos to Buy in 2026: BlockDAG, Ethereum, Solana, & XRP Are Poised for Growth
The window of opportunity in the digital asset market is closing faster than most retail traders realize. As we move through the final days of March 2026, a clear divide has formed between those watching from the sidelines and those positioning themselves for a historic Q2. Smart money is no
BlockChainReporter19h ago
Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market
Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.
CryptoNewsLand19h ago
