UAE and Bahrain regulated crypto exchange Rain has made a statement admitting to the severe security breach which resulted in the loss of $14.8 million, yet notes that all customer funds are safe. The Bahrain-based crypto exchange Rain recently faced a severe security breach. Blockchain expert ZachXBT reported that the exchange lost $14.8 million on April 29,
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
