• Solana wormhole ethereum
    Ethereum,  Technology

    Solana announces trustless bridge to Ethereum

    The proof-of-stake blockchain’s Wormhole to Ethereum aims to attract developers looking for faster, cheaper transfers of ETH and ERC-20 tokens

    y creating a bridge to Ethereum, Solana’s Wormhole allows the transfer of Ether (ETH) and ERC-20 tokens on the Solana blockchain by connecting them with SLP tokens, and back. That means DApp designers “need not encumber themselves to a single chain if they want to leverage the community of one chain with the performance of another."

  • Coinbase Pro gas fees
    Ethereum

    Enough is enough: Coinbase Pro to stop absorbing gas fees and pass costs on to ETH users

    The announcement comes as expenditure on transaction fees reaches a record high, with close to $1 million spent in a single hour

    In a series of tweets on Sep. 17, the exchange said decentralized finance’s explosion in popularity, alongside wider levels of crypto adoption, were key factors in its decision. With networks getting more congested because of higher numbers of transactions (and gas fees going up as a result,) it seemed inevitable this policy wouldn’t be sustainable forever.

  • Ethereum

    Upbit exchange hacker relieved of ill-gotten gains

    After Whale Alert tweeted a warning that $27,000 in ether stolen from Korean exchange Upbit last year had been sent to his exchange, Binance CEO Changpeng “CZ” Zhao acted quickly

    At 12:06 p.m. on May 13, @whale_alert tweeted out a warning that 137 ETH stolen from the South Korean Upbit exchange last November had been transferred to a wallet address on Binance. Of course, there's another 341,863 ether still missing.

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