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 behind the February WazirX heist has consolidated $57 million worth of stolen Ethereum (ETH) into new cryptocurrency wallets. This latest development comes as the Indian exchange, WazirX, doubles down on its bug bounty program in an attempt to recover the misappropriated funds.…
#crypto#defi#hackers
Tornado Cash, which was sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) earlier this year, has seen a surprising surge in activity. According to data from Flipside Crypto, deposits into Tornado Cash have reached nearly $1.9 billion in the first half of 2024,…
#court#crypto#hackers
EthereumBeginnerIndian cryptocurrency exchange has been shaken by a security breach, resulting in a reported loss of $235 million worth of digital assets. The exact exchange involved and the nature of the hack haven’t been officially disclosed yet, but Indian authorities are investigating the incident. This event…
#crypto#hackers#india
EthereumBeginnerEthereum, the leading blockchain platform for smart contracts, is gearing up for its first-ever “Attackathon” – a hacking competition with a hefty $2 million prize pool. This initiative, announced on July 8th by the Ethereum Protocol Security (EPS) research team, marks the biggest crowdsourced…
#crypto#hackers#security
EthereumBeginnerHackers behind the 2021 PancakeBunny exploit have resurfaced. On July 7th, 2024, a wallet linked to the attackers transferred over $2.9 million worth of stolen Ether (ETH) through Tornado Cash, a cryptocurrency mixing service known for its ability to obfuscate transaction trails. The PancakeBunny…
#crypto#daos#defi
EthereumBeginnerEthereum co-founder Vitalik Buterin has thrown his weight behind a new proposal aimed at accelerating transaction speeds on the Ethereum blockchain. This Ethereum Improvement Proposal (EIP), dubbed EIP-7732, has sparked hope among users frustrated by the network’s current limitations. The core…
#crypto#defi#tokens
EthereumBeginnerBlockchain protocol ORA has secured $20 million in funding to revolutionize the way artificial intelligence (AI) models interact with the blockchain. This investment round, led by Polychain, HF0, and Hashkey Capital, fuels ORA’s mission to tokenize AI models and unlock a new era of “decentralized…
#tokens
EthereumBeginnerThe Ethereum layer-2 network Blast announced a significant airdrop on June 26th. This airdrop will distribute a substantial portion of the network’s total token supply – a full 17% – to users who actively participated in the network’s growth. Those who bridged assets, like Ether (ETH) or US Dollar…
#layer-2
EthereumBeginnerStudio369, the minds behind the popular mech shooter MetalCore, announced the commencement of their third Closed Beta (CB3), kicking off on June 27th. This beta phase brings exciting new features, with a focus on integrating Non-Fungible Tokens (NFTs) and Web3 technology into the core gameplay…
#crypto#defi#gaming
EthereumBeginnerThe Ethereum ecosystem is scaling new heights, literally. According to L2BEAT data, the combined transactions per second (TPS) of Ethereum’s scaling solutions reached an all-time high of 246.18 on June 16th, 2024. This translates to an estimated 21.2 million transactions processed across the day.…
#defi#gaming#layer-2
EthereumBeginnerThe U.S. Securities and Exchange Commission (SEC) is evaluating a spot Ether ETF application submitted by asset manager ProShares. This development comes roughly three weeks after the SEC greenlit eight similar proposals for Ether-linked ETFs. The filing made public on June 10th, reveals that the…
#crypto#sec
