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."
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.
The exchange and derivatives trading platform’s new ETH/USD and EOS/USD pairings come off the back of BTC/USD options, which appear to have been popular.
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.
