Solana Could Reach $330, Capturing 50% of ETH Market Cap
Retail investors are recognizing Solana’s potential as a rival to Ethereum in smart contracts. According to research published by VanEck on September 25, Solana’s superior speed and transaction processing metrics are the primary factors driving the prediction that it may reach $330 and balloon to 50% of Ethereum’s current market capitalization. Solana Edging Over Ethereum […]
ETher.fi Prevents Domain Account Takeover, Secures User Funds
Ether.fi asserts security updates and partners for preventing a domain account takeover before user funds were taken. Ether.fi, a decentralized finance (DeFi) staking platform, reported that no user funds were compromised following a recent domain takeover attempt. On Sept. 24, the protocol experienced an attempted domain account hijacking through their registrar, Gandi.net. Fortunately, the attack […]
Crypto Lender Shezmu Recovers Hacked Funds via Negotiation
Shezmu negotiated with a hacker to retrieve over $5 million in stolen crypto and increase the bounty. Utilizing the Yield Protocol, Shezmu recovered nearly $5 million in stolen funds within hours after successfully negotiating with the hacker. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, alerted the public to a compromised storage […]
Bank of Japan Maintains Interest Rates
Core consumer inflation in Japan reached 2.8% in August, fueling speculation that the Bank of Japan may raise rates. The Bank of Japan (BOJ) has decided to maintain interest rates at their current level of 0.25%, which is a significant macroeconomic event. This new discovery has increased the Nikkei index by 2.10 percent and 700 […]
Texas Court Dismisses Consensys Lawsuit Against SEC
The U.S. District Court has dismissed the Consensys lawsuit against the SEC regarding Ethereum and MetaMask on procedural grounds. The United States District Court dismissed Consensys Software Inc. ‘s lawsuit against the Securities and Exchange Commission for the Northern District of Texas. This occurred following a protracted legal dispute regarding the status of Ethereum and […]