Ethereum Watch

Advertisements Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash continues to be the preferred mixer for these individuals and groups of hackers The perpetrators of the 2020 […]

Advertisements Summary: The hacker responsible for the 2017 Parity Multisig Exploit has laundering ETH through the popular mixer of Tornado Cash The attacker has laundered over 9,000 Ethereum, worth $25.5 million, through Tornado Cash The funds were moved in batches of 100 Ethereum with the original ETH address now left with 96.88 ETH 153,037 Ethereum […]

Advertisements Quick take: DeFi hackers have made off with over $10 million in Ethereum (3,540 ETH) from Saddle Finance The loss could have been higher, but white hat hackers from Block Sec Team rescued $3.8 million worth of Ethereum (1,360 ETH) The team at Saddle Finance has confirmed the hack Block Sec is in the […]

Advertisements Summary: The Ronin Network team has published a postmortem report on the exploit that happened on March 23rd The report explains that a Sky Mavis employees are under constant advanced spear-phishing attacks on various social networks One employee was compromised, leading to access to 4 of Sky Mavis’ validator nodes Moving forward, Sky Mavis […]

Advertisements Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified the team at Beanstalk of the possible flash loan The exploiter has already started transferring some of the […]

Advertisements Summary: Uniswap Labs has launched a venture unit dubbed Uniswap Lab Ventures Uniswap Lab Ventures (ULV) aims to fund projects focusing on web3 that are aligned with the company’s vision The team  at ULV will also be participating in the governance of portfolio protocols beginning with Aave, Compound Finance, Maker Dao, and ENS Domains […]

Advertisements Quick take: The team at Convex Finance has patched a rug pull vulnerability worth $15 billion The bug was discovered after Coinbase tasked OpenZeppelin with conducting a security review of Convex Finance OpenZeppelin discovered the vulnerability could result in 2 of 3 anonymous multi-signature wallet signers, having direct control over Convex’s locked value of […]

Advertisements In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave’s V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some […]

Advertisements Quick take: Polygon Studios has welcomed new hires from the web2 companies of Amazon, Google, Youtube, Electronic Arts, Penske Media and Mythical Games The move is part of plans by Polygon Studios to strengthen its gaming initiative Polygon Studios, the developer relationship arm of Polygon Technologies, has announced new hires to spearhead its growth […]

The world’s largest altcoin, Ethereum, despite its sheer dominance, has faced a lot of criticism given its limited transactions per second (TPS). This has often contributed to a massive surge in gas prices thanks to network congestion. Advertisements And, this is exactly where Layer 2 (L2) solutions enter the picture. Standing out On-chain activity for […]