Layer 1
The programmable blockchain behind smart contracts and DeFi.
A proof-of-stake blockchain whose EVM runs smart contracts written in Solidity or Vyper. Home to most DeFi, NFTs and token standards (ERC-20, ERC-721), and the settlement layer for a growing ecosystem of rollups.
EthereumBeginnerThe hacker responsible for the $82M Orbit Chain heist last New Year’s Eve has resurfaced. Blockchain analytics firm Arkham Intelligence revealed that over $47 million worth of stolen Ether (ETH) was transferred from the hacker’s wallet to Tornado Cash, a cryptocurrency mixing service known for…
#hackers#tornado-cash
EthereumBeginnerAnalysts at research and brokerage firm Bernstein believe the recent approval of spot Ether ETFs by the U.S. Securities and Exchange Commission (SEC) likely wasn’t a politically motivated last-minute decision. Their reasoning centers on a more pragmatic approach by the SEC, aiming to avoid…
#crypto#etfs#sec
EthereumBeginnerThe Sandbox, a popular decentralized gaming platform, has announced the launch of its very own Decentralized Autonomous Organization (DAO), The Sandbox DAO. This initiative empowers SAND token holders and LAND NFT owners to actively shape the platform’s future through a community-driven governance…
#daos#gaming#metaverse
EthereumBeginnerShibaSwap, the decentralized exchange (DEX) cornerstone of the Shiba Inu ecosystem, has undergone a significant upgrade and migrated from the Ethereum blockchain to its own dedicated network, Shibarium. This move promises a wider array of functionalities and potential benefits for users. The…
#crypto#dex#layer-2
EthereumBeginnerCoinbase is bullish on the future of blockchain interoperability, specifically between Ethereum and USD Coin (USDC). Coinbase’s head of tokenization, Anthony Bassili, recently spoke at TokenizeThis 2024 in Miami, outlining plans for their new Base network and its focus on leveraging this…
#coinbase#decentralization
EthereumBeginnerStolen funds from a recent $71 million wallet impersonation scam are on the move. After laying dormant for six days, the ill-gotten gains linked to Wrapped Bitcoin (WBTC) are being dispersed across multiple crypto wallets in an attempt to launder the money. The heist unfolded on May 3rd when an…
#crypto#hackers#scam
EthereumBeginnerDecentralized finance (DeFi) lending protocol Pike Finance suffered another blow in just three days, with a security exploit resulting in the loss of $1.68 million worth of digital assets. This incident marks the second exploit for Pike Finance since April 30th, raising concerns about the…
#crypto#defi#hackers
EthereumBeginnerEthereum co-founder Vitalik Buterin has shed light on a new cryptographic proving system called “Binius” that aims to significantly accelerate zero-knowledge proofs. In a recent blog post, Buterin explained how Binius leverages binary fields, a specific type of mathematical structure, to achieve…
#crypto#vitalik-buterin
EthereumBeginnerFund issuers and industry experts are buzzing with the potential of Hong Kong’s newly launched cryptocurrency exchange-traded funds (ETFs) to become a gateway for mainland Chinese investors. These innovative financial instruments, the first of their kind globally to directly track Bitcoin and…
#china#crypto#etfs
EthereumBeginnerHong Kong Stock Exchange witnessed the historic launch of the world’s first spot Bitcoin and Ethereum ETFs (Exchange Traded Funds) on Monday. This marks a significant milestone for cryptocurrency adoption in Asia, with issuers confident despite the ongoing regulatory uncertainty surrounding…
#crypto#hong-kong
EthereumBeginnerLeading decentralized finance (DeFi) protocol, Lido Finance has achieved a significant milestone, surpassing one million validators on its platform. This achievement underscores Lido’s position as a major player in the staking space and signifies a potential boost for DeFi’s overall growth. Lido…
#crypto#defi#liquid-staking
