The team behind Brave, the privacy- and crypto-friendly web browser, has been developing the browser’s wallet feature for quite some time. The Brave Wallet is now live on both desktop and mobile platforms. Brave Wallet is built into the browser itself and does not require installation of a browser plug-in, as do other wallets like…
All eyes are on the war in Ukraine, including those of crypto traders, and for obvious reasons, of course. Crypto’s volatility over the past week has been expected while many are trying to figure out how to adjust to the geopolitical situation. It’s safe to assume that some of the buying pressure is coming from…
One of the worst hacks against the Solana blockchain happened on Wednesday when a hacker managed to transfer 80,000 ether (ETH), over $214 million at the moment of writing, out of the Solana system and into the Ethereum blockchain through the Wormhole bridge – a service providing the ability to transfer funds between the different…
The popular Solana Wormhole bridge has just fallen victim to hackers at an exploit of 80K ETH (212.3 million). According to Etherscan, 80,000 in Wrapped ETH (WETH) was transferred into the hacker’s wallet. This means that large amounts of ETH on the Solana blockchain are now unbacked. Wormhole exploited for 80k eth. Whew. pic.twitter.com/Kssj1PWQA4 —…
Solana network has become one of the viable alternatives to Ethereum in recent months. Like all other blockchain networks described as Ethereum killers, Solana claims to have the solution. Any network with lower gas fees and faster transaction speeds will address the primary problems of Ethrerum. But Solana went one step further by claiming that…
Analysts at JPMorgan have stated that Ethereum’s dominance in the NFT space is being threatened by the Solana blockchain which has witnessed tremendous growth in the past year. Ethereum dominance in NFT is being threatened According to the report, the bank reiterated that the dominance of Ethereum in spaces where it used to reign supreme…
For a few years, Ethereum reigned alone as the only realistic smart contract blockchain on the planet. Those using the blockchain or developing applications for it, had little choice but to accept the technical properties and characteristics of the Ethereum system. But at least Ethereum was a technical leap forward from Bitcoin, and considerably faster,…
A leading financial institution, the Bank of America, has predicted that Solana could become the “Visa of the digital asset ecosystem,” which would enable it to steal more of the market share of Ethereum’s blockchain. Solana would eat into Ethereum’s market share According to Alkesh Shah, an analyst at the Bank of America, Solana’s simplicity,…
Allbridge, a cross-chain bridge between EVM and non-EVM compatible blockchains, announced today that it has raised $2 million in a round led by Race Capital. Betting big on Solana’s largest cross-chain bridge One of the most ambitious cross-chain bridges on the market has just closed a $2 million funding round, and it plans on using…
For the fourth consecutive week, crypto investments products have recorded massive outflows, with the most recent totaling over $200 million in the past week. Bitcoin products top outflow list with $107 million According to a newly released report from CoinShares, Bitcoin-based investment products during the just concluded week were the highest as it saw a…