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Day: February 22, 2020

cryptocurrency February 22, 2020

The crypto-market’s bullish rally in 2020 has not entirely been about Bitcoin‘s march from $7000 to $10,000. Altcoins have significantly climbed up the valuation ladder as well, with many major crypto-assets recording better gains than the king coin – Bitcoin. An unexpected slump halted the collectively bullish trend which had been prevalent over the past […]

cryptocurrency February 22, 2020

A recent smart contract exploit resulted in the loss of 1,193 ETH. The incident has prompted questioning of the security of the rapidly evolving DeFi sector. Over the weekend, the exploitation of a smart contract vulnerability forced developers at Ethereum-based app Fulcrum to partially disable its smart contract. A recent postmortem of the security breach […]

cryptocurrency February 22, 2020

1inch Exchange, the leading DEX aggregator in DeFi, accused bZx of withholding information on a bug that put $2.5 million of user funds at risk. bZx hit back, claiming they patched the bug and were ready to disclose it, only to be slandered. 1inch’s Side of Story In an unforeseen turn of events, the team […]

cryptocurrency February 22, 2020

Programmatic Proof-of-Work or ProgPoW has been one of the most controversial implementations proposed for Ethereum. During its 77th meeting, Ethereum developers had moved ProgPoW to the ‘Eligible for Inclusion’ [EFI] list. At the time, PegaSys’ Tim Beiko who was live-tweeting the meeting, had tweeted, “And one final EFI: moving EIP-1057, a.k.a. ProgPow, into EFI. The […]

cryptocurrency February 22, 2020

Ethereum didn’t fare too well in 2019, as this very outlet reported at the end of last year; in fact, the cryptocurrency posted a negative performance.But, key indicators show that ETH is about to mount an extremely strong, potentially even explosive and parabolic, rally.Ethereum Could Soon Enter Explosive, Parabolic Rally: IndicatorCryptocurrency trader Alunaut recently noted […]

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