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5 smart contract vulnerabilities: How to identify and mitigate them
17.8.2023
Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps
Worldcoin Value Plummets 24% in Week Amid Increase in Unique Addresses, Strong Hold by Top Wallets
11.8.2023
In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721 unique addresses in possession of WLD, the figure...
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
Paypal USD: Boon for Ethereum but not decentralization, says community
8.8.2023
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC
Cypher Protocol freezes smart contract after an estimated $1M exploit
8.8.2023
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack
Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract
7.8.2023
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds
Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process
4.8.2023
On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’...
ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities
1.8.2023
Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws
Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany
27.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches...
Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
25.7.2023
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
18.7.2023
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently...
Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed
17.7.2023
According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace.
Ethscriptions, a novel method to create Ethereum assets launched last month by Tom Lehman, co-founder...
EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch
17.7.2023
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk
Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
14.7.2023
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect...
Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen Labs CEO
14.7.2023
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition, Viglione believes that such comprehensive infrastructure...
ConsenSys launches Linea zkEVM to further scale Ethereum
11.7.2023
ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
9.7.2023
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s...
Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?
5.7.2023
Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks.
The attacks on DeFi protocols have become all too common, draining billions in user funds. According to DeFiLlama, around $6.6 billion...
Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi Protocols' Security, China Tightens Exports of Two Key Materials Used in Computer Chips
4.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi...