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 […]
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 […]
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 […]
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 […]
Vitalik Buterin discloses the roadmap for ETH 2.0 to Cointelegraph, raises concerns for PoS systems and questions around the urgency for launch. Ethereum co-founder Vitalik Buterin discussed plans for Ethereum 2.0 during an exclusive interview with Cointelegraph on Feb.19 at the Stanford Blockchain Conference. Buterin explained that the major development for ETH 2.0 over the […]
One user alleges that a mysterious trade was made via his Binance account without consent. The exchange has replied with mixed messages. Binance has had a difficult February. Earlier this month, the exchange suffered a USDT shortage which found some large traders struggling to place longs. Since then, more details have emerged about performance issues […]
Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become resistance for a brief period. The pullback continued till 12:00 UTC on 20 February, after which the price underwent some recovery. According to CoinMarketCap, […]
Ethereum has begun climbing higher after facing some intense selling pressure over the past couple of days, which sent ETH from highs of $285 to lows of under $250 before it was finally able to bounce and begin climbing back towards its recent highs.In spite of this firm short-term bullishness, it is important to note […]
Even with Bitcoin adding over a third of its price in 2020, Ethereum still remains the coin to beat. The largest altcoin in the market firmly took the lead as conditions continued to point towards an altseason. Ethereum, since the beginning of the year, has surged by over 100 percent, with other altcoins like Binance […]
With initial coin offerings, the success story is definitely the exception rather than the rule. However, what’s even rarer, it seems, is a commendable liquidation, which is exactly what the Contents Protocol is attempting. According to a post on the project’s official website, the team behind the Korean startup failed to make a go of […]
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