Wise Lending, a prominent player in the Web3 finance sector, has been stripped of assets totaling approximately $440,000. The breach, executed on January 12, involved an intricate flash loan attack, leveraging the digital currency Lido Staked Ether (stETH). At precisely 7:29 pm UTC, the security of Wise Lending was compromised via a flash loan—a form […]

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In a recent interactive session on Reddit, Ethereum’s co-founder Vitalik Buterin has put forward a proposal to boost the blockchain’s gas limit by 33%, a move that could significantly increase the network’s capacity for processing transactions. During the Ethereum Foundation research team’s AMA on January 10, Buterin highlighted that the gas limit—a cap on the amount of […]

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In a strategic move to broaden its blockchain horizons, Etherscan, the renowned Ethereum blockchain explorer, has officially announced its takeover of Solscan, a prominent Solana network explorer. This acquisition, which Etherscan describes as a “collaborative merging,” marks a significant step in its quest to diversify its blockchain data offerings. Solscan, established in 2021, has quickly become a […]

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Ethereum’s mastermind Vitalik Buterin has set the stage for the platform’s journey through 2024. With a focus on refinement rather than overhaul, Buterin’s roadmap underscores the platform’s steadfast commitment to improving its Proof-of-Stake (PoS) architecture. The Merge, a pivotal 2022 event, seamlessly transitioned Ethereum from the energy-heavy Proof-of-Work to a greener PoS system, significantly slashing the […]

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Ethereum’s team leader Peter Szilagyi expressed his disappointment with the apparent disinterest from his former university in fostering a collaborative environment with Ethereum. Despite his efforts to engage and provide students with real-world applications of blockchain technology, Szilagyi’s initiatives seem to have been met with silence. During his visits to deliver talks, he noted a […]

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‘Layer 2’ cryptocurrencies, which enhance ‘Layer 1’ giants like Bitcoin and Ethereum, are experiencing a resurgence. The anticipation of eased U.S. borrowing costs and the potential of a U.S. bitcoin ETF have fueled a significant uptick in crypto values. These tokens, with a cumulative market cap of around $14.3 billion, represent a dynamic but niche segment of the […]

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Indexed Finance has successfully defended its treasury against two separate takeover bids, affirming its commitment to reimburse those affected by a prior security breach. The Ethereum-based project, which experienced a significant setback in 2021 due to a $16 million hack, remains resolute in its mission to safeguard its assets and stakeholders. Laurence Day, who played […]

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BlackRock, the world’s largest asset manager with a staggering $9 trillion in assets, has taken a significant step into the burgeoning world of cryptocurrencies. The firm’s recent filing with the United States Securities and Exchange Commission (SEC) for a spot Ethereum exchange-traded fund (ETF) marks a pivotal moment in the financial industry’s embrace of digital […]

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The world of cryptocurrency is no stranger to drama, and the recent activities surrounding FTX’s Ether accounts are no exception. The Ether Movement Blockchain data has revealed that approximately 2,500 ether (ETH), valued at just above $4 million, linked to the alleged FTX exchange exploit last year, began its movement early this Saturday. Railgun, a […]

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Ethereum staking is making waves for its security, scalability, and income potential. With Ethereum’s shift to a Proof-of-Stake model, staking is now front and center. This is your go-to guide for where to find best place to stake Ethereum for the best returns. From beginners to seasoned investors, this article has something for everyone. The […]

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