EthereumBridge
633 views
3 Discussing
Hot
Latest
See original
Pepe Unchained (PEPE): An Opportunity for Exponential Growth?
In recent years, the cryptocurrency market has been surprising with the rise of coins that, initially seen as simple experimental projects, have ended up gaining significant space in the sector. A recent and promising example is Pepe Unchained ($PEPE ). Are we facing yet another case of exponential appreciation in the digital assets market?
What is Pepe Unchained (PEPE)?
Pepe Unchained is a Layer 2 blockchain designed to offer transactions up to 100 times faster than Ethereum, with extremely low fees. Its appeal goes beyond technology: the coin is strongly supported by a vibrant community of memecoin enthusiasts.
What is Pepe Unchained (PEPE)?
Pepe Unchained is a Layer 2 blockchain designed to offer transactions up to 100 times faster than Ethereum, with extremely low fees. Its appeal goes beyond technology: the coin is strongly supported by a vibrant community of memecoin enthusiasts.
🕳️ The Wormhole Hack: $320 Million Exploit on Solana Bridge
In February 2022, one of the largest cross-chain bridges, Wormhole, which connected Ethereum and Solana, was exploited for over 120,000 wrapped ETH (wETH) — worth approximately $320 million at the time.
💥 The hacker found a vulnerability in the bridge’s smart contract that allowed them to mint wETH on Solana without depositing any ETH on Ethereum.
🌐 The exploit exposed how cross-chain bridges — essential for interoperability — were also becoming some of the biggest security risks in crypto.
💸 Jump Crypto, a key backer of Wormhole, stepped in and replenished all stolen funds to protect the ecosystem and user trust.
🔐 This incident triggered a wave of audits and security upgrades across the multichain world and served as a major warning for DeFi developers.
🏷️ #WormholeHack
#Solana
#EthereumBridge
#CrossChainSecurity
#CryptoHistory
In February 2022, one of the largest cross-chain bridges, Wormhole, which connected Ethereum and Solana, was exploited for over 120,000 wrapped ETH (wETH) — worth approximately $320 million at the time.
💥 The hacker found a vulnerability in the bridge’s smart contract that allowed them to mint wETH on Solana without depositing any ETH on Ethereum.
🌐 The exploit exposed how cross-chain bridges — essential for interoperability — were also becoming some of the biggest security risks in crypto.
💸 Jump Crypto, a key backer of Wormhole, stepped in and replenished all stolen funds to protect the ecosystem and user trust.
🔐 This incident triggered a wave of audits and security upgrades across the multichain world and served as a major warning for DeFi developers.
🏷️ #WormholeHack
#Solana
#EthereumBridge
#CrossChainSecurity
#CryptoHistory
Login to explore more contents