🦊 Hacker Returns $5M in ETH

What we’ll cover today:

🧠 ETH’s active addresses jumped 10% in 2 days — are we back on the bull train?

🕵️ ZKSync's hacker said “thanks for the bounty” and returned $5M. Respect?

💰 Solana just locked in $500M to fuel its staking game—yep, half a bil.

Ethereum's On-Chain Party 🎉

Ethereum, the OG smart contract platform, just saw a 10% jump in active addresses in 48 hours. That's like everyone suddenly deciding to RSVP to the ETH party!

🚨 Breaking News:
Between April 20 and 22, Ethereum's active addresses spiked from ~306K to over 336K, signaling renewed interest as ETH breaks past key resistance levels.

⚡ Wire Simplified:

• Active addresses increased by nearly 10% in just two days.

• ETH price is gaining bullish momentum, breaking past resistance.

• Increased activity suggests growing network participation.

• Analysts see this as a sign of shifting sentiment towards ETH.

• Could this be the start of a new rally? Time will tell.

✔️ Straight to the Point:
Ethereum's network is buzzing with activity, and the price is responding. If this momentum continues, we might be in for an exciting ride.

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Hacker Returns $5M in Crypto Heist Plot Twist 🕵️‍♂️

ZKSync, a Layer 2 scaling solution for Ethereum, just pulled off a plot twist worthy of a heist movie. A hacker returned stolen funds after accepting a bounty!

🚨 Breaking News:
After a $5 million exploit, the hacker returned 90% of the stolen assets to ZKSync, keeping a 10% bounty as a reward.

⚡ Wire Simplified:

• Hacker exploited ZKSync for over $5 million.

• ZKSync offered a 10% bounty for the return of funds.

• Hacker accepted, returning 90% of the assets.

• Funds are now held by ZKSync's Security Council.

• Governance will decide the next steps for the recovered assets.

✔️ Straight to the Point:
In a surprising turn, the hacker chose the bounty over the booty. ZKSync's proactive approach turned a potential disaster into a win.

SOL Strategies Bags $500M for Solana Staking 💰

SOL Strategies Inc., a firm focused on the Solana blockchain, just secured a massive $500 million funding deal to buy and stake SOL tokens.

🚨 Breaking News:
Through a convertible note agreement with ATW Partners, SOL Strategies will use the funds to purchase SOL tokens and support validator operations.

⚡ Wire Simplified:

• $500 million financing secured via convertible notes.

• Initial $20 million tranche, with up to $480 million more pending.

• Funds dedicated to buying SOL and supporting validators.

• Initial closing expected around May 1, 2025.

• Reflects growing institutional interest in Solana's ecosystem.

✔️ Straight to the Point:
SOL Strategies' hefty investment underscores confidence in Solana's future. As institutional money flows in, the network's growth prospects look promising.