Initially, this firm traced losses of roughly 211.9 ETH or $469,000. Later, it was discovered that the attacker already transferred $2.2m to Tornado Cash, a crypto tumbler. Experts stated a critical vulnerability in the accounting system of the Gamma Protocol opened the doors for theft as it allowed the attacker to withdraw large amounts of…
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The account, which was originally filled with ETH, purchased during Ethereum’s Initial Coin Offering in 2014, first registered at $75,000. Now sitting at $474m, Lõhmus’ lost wallet represents an investment that has grown approximately 6,300 times. However, without a key, Lõhmus unfortunately cannot retrieve this astronomical wealth. In today’s session, Ethereum sits at $1,906.80, ETH/USD.…
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In a press release this week, Co-founder of Ethereum, Joseph Lubin suggested that clear heads and clarity of thinking are the best way to proceed through the investigation. This comes after the cryptocurrency has been hit by waves of regulatory boards demanding the tightening and transparency of crypto commodities, tokens and intermediaries. Lubin stated: America…
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Capital market company DRW Holdings, LLC will provide liquidity on day one of the launch of the Ether Options. Rob Strebel, Head of Relationship Management for DRW, added: As ether transitions through the anticipated merge this week, we expect we'll continue to see strong demand for this Ether options contract. Furthermore, digital currency prime brokerage…
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BBVA services stretch across Latin American countries, where investors have extensive interest in all kinds of digital assets, as well as in Europe and Turkey. The company noted in its official announcement that it plans to continue the expansion of its portfolio of digital assets in the coming months. The new BBVA service is currently…
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2. EIP-3238: Difficulty Bomb Delay EIP-3238 is being introduced to smooth the path for the Ethereum 2.0 upgrade. An important feature of Ethereum, the difficulty bomb makes Ethereum mining more challenging. When the difficulty bomb is triggered, block times will become so long that mining will no longer be profitable. This contributes to a phenomenon…
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The official announcement stated: In many ways, this collaboration started with the Scaling Bake-Off that we hosted in this community with the Ethereum Foundation. In this new stage of our partnership, immediate efforts will be focused on bringing Ethereum to Reddit-scale production. Our intention is to help accelerate the progress being made on scaling and…
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Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said: Based on increasing client demand and robust growth in our Bitcoin futures and options markets, we believe the addition of Ether futures will provide our clients with a valuable tool to trade and hedge this growing cryptocurrency. Ethereum is the second-largest…
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DeFi As 2017 came to a close and the crypto bubble approached breaking point, an Ethereum-based project called MakerDAO (MKR) launched DAI, a stablecoin token that was backed by collateralised ether and pegged to the value of the US dollar. For the first time, a synthetic, decentralised asset had been created that could algorithmically track…
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Beacon Chain went live on the initial testnet Sapphire in April and it used smaller 3.2 ETH deposits. After that a full 32 ETH nodes were released next month on the Topaz testnet. The Onyx testnet started in June and operated about 20,000 validators by the end of it. Altona coordinated multi-client testnet for Phase…
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