Socket Protocol Recovers 1032 ETH Stolen From Hack
Cross-chain bridge Socket protocol has recovered two-thirds of the stolen ETH funds in a recent breach, which led to the loss of about $3.3M. The socket protocol’s official X account has reported the recovery of 1,032 Ether, valued at $2.3 million, out of a total of $3.3 million stolen. Soon, the protocol will disclose a […]
Ethereum Devs Disagree on Plan to Increase Ethereum Gas Limit
Users, node administrators, and Ethereum developers have yet to agree regarding Vitalik Buterin’s recent proposal to increase Ethereum’s gas limit as they are concerned about the increasing size of the blockchain state. Vitalik Buterin proposed on January 11 a “moderate” 33 percent increase in the gas limit to boost network throughput potentially. He argued that […]
Celsius Unstakes 30,000 ETH Amid Restructuring
In the midst of reorganization, Celsius unstakes 30,000 ETH, which affects the Ether market and offer consumers hope. Celsius, an industry leader in cryptocurrency lending, has recently implemented a substantial measure in its continuous reorganization endeavors. In July 2022, the organization initiated the process of Chapter 11 bankruptcy and declared its intention to unstake more […]
Friend.tech Users Suspect SIM Swaps for Over 100 ETH Drain
Four user accounts on friend.tech were compromised and drained after hackers gained control of their mobile numbers, in a short period. Users of Friend. tech has issued a warning about possible SIM-swap attacks following a spate of alleged breaches that resulted in nearly 109 ETH worth approximately $178,000 being drained from four users in less […]
Binance Wallet Incurs Nearly $1M in ETH Gas Fees
Binance reportedly stated that they were aggregating user wallets to guarantee the security of user funds. A Binance-affiliated cryptocurrency wallet has expended 530 Ether. Etherscan, a blockchain data explorer, reports that approximately $843,797 in gas fees were paid in 24 hours. On September 21, gas fees on the Ethereum network increased from a minimum of […]