Category: Ethereum

How do DeFi protocols get hacked?

The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth

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$ BTC $46,359 ETH $3,222 XRP $1.02 BCH $630 XMR $265.1 DASH $186 EOS $4.91 ZEC $139 ADA $1.986 NEO $51.81 BNB $396 XLM $0.346 USDT $1.0006 MIOTA $1.07 DOGE $0.27 X BTC $46,359 +4.41% ETH $3,222 +5.42% XRP $1.02 +4.64% BCH $630 +3.85% EOS $4.91 +5.29% DOGE $0.27 +3.09% English advertise careers News Bitcoin

Measuring the effects of the London hard fork

The much-talked-about Ethereum hard fork finally went live on Aug. 5 after block 12,965,000 was mined. Dubbed “London,” the software upgrade will bring together significant alterations in Ethereum’s code. Overall, the code changes target improvements to the network’s transaction fee market, user experience and much more. London comes with five Ethereum Improvement Protocols (EIP), with

Ethereum alone not enough to disrupt Big Tech: Jack Dorsey

Twitter CEO and self-professed Bitcoin (BTC) maximalist Jack Dorsey is not giving Ether (ETH) fans an inch. In his latest offhand remark about the market’s second-largest cryptocurrency, Dorsey downplayed the platform’s potential to single-handedly shake up the status quo in Big Tech: Disrupting “Big Tech” is exactly what’s needed and what I want. No one technology

Chainlink launches data oracles on Arbitrum One’s Ethereum scaling solution

Leading data oracle provider Chainlink has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum. Announced August 12, the launch will allow developers building on Arbitrum One to access financial market data directly on-chain, providing enhanced functionality to decentralized exchanges, algorithmic stablecoins and other advanced DeFi

Ethereum price drops below $3K, but ETH options data reflects optimism

Ether’s (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week’s upcoming options expiry reveals that of the $430 million in contracts set to expire, only 7% of the neutral-to-bearish put options will be available if Ether holds above $3,200 on Aug. 13. Ether price in USD at Coinbase. Source:

Ethereum network congestion temporarily shuts down crypto gaming casino

Congestion on the Ethereum network has forced an online casino to temporarily close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement: “We have had to temporarily close our casinos due to the Ethereum network congestion, making it impossible to run our

Uniswap has now generated more than $1B in fees for liquidity providers

Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers. On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter showing that the combined fee revenues of Uniswap’s v2 and v3 Ethereum mainnet deployments