đ Solv Protocol, a Bitcoin-based staking platform, is under fire for allegedly manipulating its total value locked (TVL). Nubit co-founder Hans claims Solv recycles user deposits and uses pre-signed transactions to authorize the same BTC across multiple protocols. He urges users to withdraw their assets to avoid potential losses.
đ Solv, backed by Binance, dismisses these accusations as a smear campaign. Co-founder Ryan Chow insists the allegations are baseless and threatens legal action. Despite the controversy, Solv is gearing up for a token launch and remains optimistic about its future. Stay tuned!