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Poly Network Exploiter Starts Returning the Funds, Gives Back USD 1M
11.8.2021
The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network, that just lost over USD 600m, first asked the protocol for a multi-signature (multisig) wallet to return the funds - and has started returning it.
So far, the hacker returned USD 1.007m, per Polygonscan data....
Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports
11.8.2021
Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during...
Poly Network Got Hacked, What Place Is Safe to Trade and Store Assets?
11.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
During the last decade, cryptocurrencies, especially Bitcoin, Ethereum, and Dogecoin, have increased their value several times, catching attention from small fishes and whales, but also hackers.
On August...
Bitcoin Network’s Mining Difficulty Expected to See Largest Increase in Over 2 Months
10.8.2021
Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The rise in hashpower will likely lead to the highest difficulty expansion in 89 days as estimates currently show a 7.39%...
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Poly Network Got Robbed of More Than USD 600M
10.8.2021
Interoperability protocol Poly Network has confirmed that it has suffered a major exploit - loosing at least USD 600.3m of its funds.
The protocol announced that it got attacked on Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (MATIC).
"We call on miners of affected blockchain...
Decentralized Cloud Network Service Sukhavati Network Announces SKT Listing on Gate.io and MEXC
10.8.2021
Sukhavati Network is to host its startup sale on Gate.io’s platform as part of the “Startup Project Free Airdrop Program”. The “Startup Project Free Airdrop Programme” was launched by Gate.io to provide users with early access to innovative and advanced projects, where...
Cryptomeda Integrates Chainlink VRF on Polygon Network
10.8.2021
Cryptomeda has integrated Chinlink’s own Verifiable Random Function (VRF) on the Polygon blockchain network to generate randomized attributes. Chainlink’s oracle network is completely decentralized and one of the topmost in the industry. Hence, the assimilation will fortify the security of...
Human Protocol Joins Hands With Elrond Blockchain Network
10.8.2021
The Revolutionary Human Protocol is completely changing the interaction between humans and machines. The Protocol is specifically engaged in designing and conceptualizing new-age artificial intelligence (AI) capabilities through raw data annotation of humans. It is based on the labor marketplace...
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
9.8.2021
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders...
Spores Network and Rebaked Join Hands to Develop NFT Marketplace
9.8.2021
Spores Network announced a collaboration with reBaked to create the NFT marketplace. Thanks to the participation of the reBaked project development team, the platform’s basis and principles, according to Spores, will give users of the Spores Network with ideological backing and belief...
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
White House Unveiled as Puppet Master as New Amendment Threatens Crypto Industry
6.8.2021
The administration’s public support of a restrictive amendment calls into question the original motives of the crypto provision
EasyFi Network Collaborates With Cryption Network
6.8.2021
EasyFi Network has entered into a strategic partnership with Cryption Network to provide a host of innovative yield maximization opportunities to the users of DeFi applications. Cryption Network works on the development of user-friendly cryptocurrency products for regular retail investors. Through...
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Ethereum London hard fork goes live
5.8.2021
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset
Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5
4.8.2021
The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2:00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000....
Altcoins and DeFi tokens push higher as Bitcoin price falters at $40K
4.8.2021
QNT, SFI and XYO gained more than 20% while bulls attempt to push BTC and ETH back to their local highs
Bitcoinsv Chain Suffers 51% Attack: Analyst Claims BSV Network Experienced a 100-Block Reorg
4.8.2021
Reports show that the Bitcoinsv blockchain suffered from a 51% attack on Tuesday, August 3, 2021, as the founder of Blockchair, Nikita Zhavoronkov explained the network endured a 100 block reorg “wiping out 570k transactions.” Onchain Observers Witness a Deep Bitcoinsv Reorg...