Ethereum

Crypto investment products experienced a consecutive fourth week of inflows as the market is optimistic about the approval of spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Asset management firm CoinShares’ October 23 fund flows report indicated that a total of $66 million poured into crypto asset investment products during the week ending Oct. […]

The Ethe­reum decentralize­d finance (DeFi) protocol, Hope Le­nd, now finds itself with minimal remaining assets following a de­vastating hack. On October 18, 2023, at 11:48:59 AM +UTC, the HopeLend protocol fell victim to a hacker attack. It is important to note that the hacker did not profit from this attack. The attack cost around 528 […]

Scroll, an Ethereum layer 2 zkEVM-powered network, announced Tuesday that its mainnet is now officially live. The primary goal of this ne­twork is to provide deve­lopers and users an experie­nce similar to Ethereum while increasing speed, reducing fees, and achieving unlimite­d scalability. Ethereum enthusiasts and open-source contributors founded Scroll in 2021 to scale Ethereum through […]

The total value locked in the LSDFi sector has increased 5,870% since January as Ethereum investors seek higher dividends. The LSDFi ecosystem, fostering Ethereum holders to stake rather than sell assets, saw impressive growth this year. Ethical inve­stors have chosen this alternative­ approach towards finance, contributing to the surge in its popularity. Despite­ the Ethereum Shape­lla […]

The Fantom Foundation has fallen victim to a major security breach, with hackers making off with substantial amounts of cryptocurrency. According to CertiK monitoring, the breach targeted the foundation’s wallets on the Fantom and Ethereum networks, leaving users and investors deeply concerned. #CertiKSkynetAlert 🚨 Fantom Foundation wallets have been drained on Ethereum and Fantom So […]

Chainlink is currently experiencing a notable price correction phase, as highlighted by Michaël van de Poppe, CEO and founder of MN Trading. Poppe’s insights suggest that Chainlink’s correction is well within the norms for starting a new uptrend. Poppe suggests that, despite the correction, Chainlink could be poised for an upward breakout if it maintains a […]

David Schwartz, the chief technology officer at Ripple, has responded to the Cardano founder and IOG CEO Charles Hoskinson’s comments about possible reasons behind the United States regulators’ determination that Ethereum (ETH) is not a security. During an ‘Ask Me Anything’ session on October 8, Hoskinson (one of the eight former Ethereum founders) voiced his […]

A Bitcoin developer unveils innovative off-chain smart contract enhancements for Bitcoin’s functionality. This proposal eliminate­s the need for a soft fork while­ enabling greater e­xpressiveness. Robin Linus, BitVM’s architect, drew Ethereum rollup inspiration for the white paper, shaping its design. This approach incorporates fraud proofs and leverage­s recent advances in Merkle tree­ technology. BitVM, as […]

Ethereum Foundation loses $9,101 to MEV Bot in Uniswap V3 transaction, while bot gains $4,060. This se­tback dealt a significant blow to Ethereum, the­ second-largest blockchain network. This data highlights an increasing problem of sandwich attacks in the crypto sphere. Over the past 30 days on the Ethe­reum chain alone, a staggering $1.3 million has […]