Ethereum Watch

Advertisements The attacker responsible for the $25 million theft from DeFi protocol, dForce, has returned all of the funds. There has been no explanation for the change of heart, but it is suspected that a lack of thoroughness in covering up his tracks led the attacker to return the funds, in order to avoid further […]

Advertisements The decentralized finance and lending protocol Lendf.me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft. Some $25M was allegedly drained from a contract by Lendf.me, a decentralized […]

Advertisements Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. The latest victim is Lendf.Me — and the dApp has now been put on ‘pause.’ On April […]

After experiencing a notable rally yesterday, Ethereum lost its momentum and retraced a significant amount of these gains, with the crypto plunging back to its recently established support at $180 as it flashes some signs of weakness.It is important to note that bulls have established the price region just below where Ethereum is currently trading […]

dForce’s lending protocol, LendfMe, was drained for $25 million in a known smart contract exploit. Key Takeaways Uniswap’s imBTC pool succumbed to a special exploit, draining the pool of $260,000 of liquidity. One day later, this exploit was recreated on LendfMe. The exploit was a known attack vector that takes advantage of a known smart […]

Binance has been having a roaring time in April. Not just in expansion, although the exchange announced the acquisition of CoinMarketCap, the largest crypto-data aggregator, but also in crypto-derivatives performance. Advertisements Since the events of ‘Black Thursday,’ the infamous reminder of Bitcoin’s highly liquid markets and sought investment appeal, which shaved over 50 percent of […]

Advertisements Ethereum prices at the moment are not inspiring much confidence. However, the long-awaited network upgrades slated for this year and beyond could be a major boost for the crypto asset and its adoption. Ethereum 2.0 not only heralds in a highly anticipated change in consensus mechanism; a raft of scalability solutions that could unlock […]

When it comes to smart contracts being deployed, Ethereum is the prime candidate. Over the course of the last few years, the Ethereum network has evolved into a fairly robust platform, one that can facilitate the ever-evolving worlds of tech and finance. The ecosystem’s focus on decentralization has further resulted in innovative offerings like DApps […]

For major cryptocurrencies in the market, the only way to overthrow the dominance of traditional payment methods and fiat currencies as a medium of exchange is to implement better scalability solutions. For the world’s largest cryptocurrency, Bitcoin, the trade-offs are immense if it were to see its transaction-per-second on the network increase. Ethereum, on the […]

Cryptocurrencies have been around for a long time now, but many still think of them as being in the experimental phase. Despite such perceptions, however, the king coin has managed to gain some modicum of importance in the financial world. The fact that governments and central banks around the globe have come up with plans […]