–> UPDATED: May 15, 2024, 1:52AM EDT Sonne Finance, a decentralized lending protocol, experienced an exploit on Wednesday morning in Asia, resulting in losses amounting to approximately $20 million. The project said in a post-mortem report that it was exploited due to a vulnerability in Compound v2 forks (Sonne is …
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El Salvador has taken the lead in the world when it comes to pioneering Bitcoin. According to the latest reports, El Salvador has used geothermal energy from its Tecapa volcano to mine 474 Bitcoin and has added them to its reserves since 2021. Volcanic Power Fuels Bitcoin Mining Under the …
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Cypher protocol contributor “Hoak” confessed to stealing over $184,077 in community funds to feed a growing gambling habit in a public statement on Twitter on Tuesday. “I know likely nothing I say or do will make things better—perhaps other than rotting in jail,” the pseudonymous developer wrote. “To address the …
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Cypher Protocol contributor admits to taking and gambling funds recovered from exploit
by MK Manoylovby MK ManoylovHoak, a pseudonymous contributor to the Solana -based exchange Cypher, admitted to taking and gambling away the protocol’s funds recovered from an exploit. Hoak appears to have withdrawn ETH, WSOL, BONK and other cryptocurrencies across 36 transactions from Cypher’s redemption contract, another Cypher contributor who goes by Barrett found. The …
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It was mentioned a few weeks ago that for the first time since March 2020, the 7-day moving average of active addresses on the Bitcoin network fell below 700,000 as fees surged after the halving due to excitement about Runes. This was not unexpected; high fees can price out users …
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This could result in XRP failing to breach a crucial level, which, as a support level, could trigger a rise. Ripple Investors Back Off XRP price could potentially see the bearish effects of the investors taking a step back, given participation has taken a hit. The total number of investors conducting …
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One of the most prolific contributors to Bitcoin development warns that the leading blockchain network is on a dark path toward global regulation. In a blog post on Saturday, Matt Corallo said Bitcoin’s long-assumed mission to be a private, scalable, and trustless monetary tool is now being called into question, …
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United States President Joe Biden has shut down a Chinese-based cryptocurrency mining firm and banned it from acquiring land close to a Wyoming nuclear missile base. According to Biden, the firm was built just a mile from an Air Force base with nuclear-armed intercontinental ballistic missiles, posing a “national security …
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This may happen in the short term as bearish pressure on the tenth-largest cryptocurrency by market capitalization continues to increase. Cardano Holders Are Booking Losses ADA trades at $0.43 at press time, logging a 6.5% price decline in the last month. Although this price decline mirrors the downtrend in the …
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This proposal suggests a new type of gas specifically designed for transaction calldata. Backed by Buterin’s extensive knowledge and experience, this initiative aims to manage and optimize how data is processed and priced within Ethereum. Introducing a Separate Fee Market for Calldata in Ethereum EIP-7706 proposes creating a separate fee …