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” Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far “ A bug in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with nearly $260,000 said to have been swiped from the protocol so far. The Ethereum Alarm Clock enables users to schedule future transactions…
” DAOs need checks and balances to have better governance “ Over the past few years, decentralized autonomous organizations (DAOs) have introduced a clear paradigm shift in blockchain governance. With their community decision-making and adherence to hardcoded rules, they have challenged the role of hierarchy and central authority that are present in modern organizations, especially…
” Smart contract-enabled insurance holds promise, but can it be scaled? “ A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance…
” 670K follower ETH Classic account turns into Ergo: What happened? “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you…
” What is wrapped Ethereum (wETH) and how does it work? “ Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects. As such,…
” Wintermute inside job theory ‘not convincing enough’ —BlockSec “ Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough.” Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart…
” MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot “ MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor. Arbitrage bots are programs that automate trading for profits based on historical market information….
” White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty? “ A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find. Known as riptide on Twitter, the hacker described the exploit as…
” Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop “ ThCardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK…
” Blockchain firms fund university research hubs to advance growth “ The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach…