In a highly competitive market, TMS Network’s (TMSN) has emerged as the superior alternative to Solana (SOL) and Binance (BNB). Helium has made the move to Solana (SOL), while Safemoon’s hacker has returned a portion of the stolen Binance (BNB) tokens.
Helium Makes the Move to Solana (SOL)
Helium, the world’s largest decentralized wireless network, has made a significant move by migrating to Solana (SOL). Despite Solana’s (SOL) downward trend, this upgrade is set to usher in a new phase for the network. The Helium Network has been facing scalability issues, and the community has determined that migration to Solana (SOL) is necessary to handle its foundational elements. The Solana (SOL) blockchain provides smart contract capabilities. This enables the Helium Network to work in tandem with Solana (SOL) to introduce dynamic markets that can allocate rewards better, based on regional demand. The migration to Solana (SOL) is expected to set up Helium for long-term success by solving the challenges of proof of coverage, and reliable data transfer activity. Solana (SOL) has a market cap of $8.7 billion, with a circulating supply of 392.4 million tokens. Solana (SOL) is priced at $22.5, with a 24-hour trading volume of $604.9 million. Solana (SOL) has dropped by 4.27% in the last 24 hours.
Safemoon hacker returns part of stolen Binance (BNB) worth $8.9 million
In a recent turn of events, the Safemoon hacker returned $7.2 million worth of Binance (BNB) stolen from the protocol’s liquidity pool. The agreement between Safemoon, and the hacker has raised eyebrows in the Binance (BNB) community. The hacker returned the funds in two transactions, sending 10K Binance (BNB) worth $3.4 million to Safemoon’s treasury wallet before transferring another 11.8K Binance (BNB) worth $3.8 million to the same address. The DeFi protocol had suffered a hack on March 28, resulting in the loss of 27,000 Binance (BNB) worth $8.9 million at the time. However, the SafeMoon team has agreed to let the hacker keep 20% of the stolen Binance (BNB), amounting to $1.8 million, in the best interest of the community and the project. Since the incident, the project has come under heavy criticism for downplaying the severity of the hack. This event highlights the risks involved in the DeFi space, and the lack of regulation surrounding it. As of press time, Binance (BNB) is priced at $324, down 1.2% in the last 24 hours.
TMS Network (TMSN) Hits The Ground Running in Third Presale: Crosses $4.2 Million Raised
TMS Network’s (TMSN) is a decentralized trading platform built on blockchain technology that aims to revolutionize the traditional trading model by making it more accessible, efficient, and secure. One of the key features of TMS Network (TMSN) is its scalability. This enables TMS Network (TMSN) to handle an increasing number of users and transactions without slowing down. TMS Network’s (TMSN) third presale has already raised over $4.2 million. TMS Network (TMSN) is trading at $0.08. Over 40% of TMS Network’s (TMSN) tokens have been subscribed. With TMS Network (TMSN), traders can deposit and withdraw instantly via cryptocurrency, without having to go through any intermediaries. TMS Network (TMSN) also offers lower fees, faster transactions, and educational resources to promote financial literacy. By building on blockchain technology, TMS Network’s (TMSN) ensures that all transactions are transparent and tamper-proof, reducing dependence on centralized systems and promoting financial stability and trust in the market.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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