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24 May 23

Value in ETH 2.0 deposit contract peaks, fewer addresses hold large ETH amounts

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to recent data from blockchain analytics firm Glassnode, the total value held in the ethereum 2.0 deposit contract reached an all-time high (ATH) of $40,733,472,229.12. The ethereum 2.0 deposit contract is part of Ethereum network’s transition to proof-of-stake (POS) aimed […]

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09 Apr 23

SushiSwap hacked for over $3.3m, approval smart contract on Ethereum exploited

Decentralized exchange SushiSwap was on April 9 hacked for more than $3.3m. It follows a bug in the approval system of the exchange’s RouterProcessor2 contract on Ethereum. The exploit led to the loss of more than 1,800 ethereum (ETH). Following the hack, SushiSwap’s Head Chef, Jared Grey, is advising affected users to revoke contracts. SushiSwap […]

07 Apr 23

Layer-2 zkSync offers solution to recover 900 ETH locked in smart contract

Matter Labs, the team behind Ethereum’s layer-2 scaling solution, zkSync, has confirmed that 921 ETH worth $1.7 million is currently stuck in one of its new smart contracts, GemstoneIDO. Despite the issue, the firm claims that the funds are safe. Matter Labs have found an elegant solution to rescue them, which accumulated during the Gemholic […]

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02 Apr 23

US CFTC sues Binance, crypto markets contract, ex-FTX boss faces fresh allegations

This week, like it has been the trend, regulators in the United States didn’t slow down. The Commodity Futures Trading Commission (CFTC) formally brought charges against Binance, alleging breaches of the Commodity Exchange Act. Despite the markets contracting, gains posted in the preceding week remained intact. Meanwhile, fresh revelations emerged on the ongoing FTX case. […]

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