Industry
Avalanche flash loan exploit sees $371K in USDC stolen
Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit.Jerry McNeillETC Group launches crypto ETP based on PoW Ethereum hard fork
ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus upgrade that is set to move the Ethereum blockchain from mining-based PoW to mining-free proof-of-stake (PoS).James DeanCrypto bull run 2024 predictions: What will drive crypto’s bull run?
Historically, the return to a bull market develops over a four-year trajectory. This time, a recovery in 2024 is highly feasible due to the maturation of monetary policy and easing of regulatory headwinds, which can allow for reduced interest rates and enable the flow of funding back into the space.Cornell RachelENS domains surpass BAYC’s trading volume on OpenSea’s weekly chart
The project’s daily trading volume also increased from 120.7 Ether (ETH) to 1044.6 ETH and the price of ENS increased by 167% as the volume went up.Barry StidhamEthereum co-founder: people want $100 lifetime eth domains
As Ethereum Name Service (ENS) domains became more popular, the conversation has steered toward .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 years.Craig GreenEthereum Classic books 12% rally as mining support for ETC
On the daily chart, ETC's price surged 14.5% to nearly $37.25 per token. Its massive gains came days after BTC com, a blockchain explorer and crypto mining pool, launched a specialized Ethereum Classic pool with "zero-fee" mining for three months.Cornell RachelOpenSea integrates Polygon Support on Seaport, adopts MATIC
OpenSea integrates Polygon Support on Seaport, adopts MATIC.On Tuesday, OpenSea announced that it would be integrating layer two scaling solution Polygon into its Seaport Protocol implementation.Sherry Cantwell
zkSync 2.0 testnet to implement dynamic fees on August 30
The Ethereum Layer 2 expansion solution zkSync issued a document saying that there are still 66 days before the zkSync 2.0 mainnet release, and dynamic fees will be implemented on August 30th.Barry Stidham
NFT trading volume plummeted by 97.8%, has the wind passed?
As of August 16, 2022, the average daily transaction volume of NFT is only 22 million US dollars, and the transaction volume from the hot high of 1 billion US dollars has dropped by 97.8%.Barry Stidham
NFT market OpenSea's average daily trading volume has fallen below $8 million
The average daily transaction volume of OpenSea has dropped to a record low, which had been hovering between $15 million and $20 million before, but it has now dropped to $8 million.Barry Stidham
ETH2.0 Latest News: Ethereum Core Developer Tim Beiko Says Mainnet Merger Preparations Completed
On August 18, Ethereum core developer Tim Beiko stated on his social platform that the preparations for the Ethereum mainnet merger have been completed.Christopher Smith
USDT market cap up by $2 billion following Tornado Cash debacle
The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctionson cryptocurrency mixer Tornado Cash.Martha Grizzard
Shiba Inu's card game Shiba Eternity has started testing in Vietnam
On August 16, William Volk, director of Shiba Inu Games, said that Shiba Inu's card game Shiba Eternity has begun testing in Vietnam, and iOS users in Vietnam can participate in the test.Barry Stidham
Caduceus CTO: metauniverse will become a new opportunity for pow miners
ETH 2.0 was coming, and the question of where the miners would go in the future was put on the table again. Caduceus CTO Matt said that compared with the traditional POW chain, metauniverse needs a large number of high-quality computing support in construction, production and interaction.Sherry Cantwell
The price of Ethereum POW fork token has dropped by more than 50% in the past week
Over 30000 BTCs have been transferred to the exchange in the past 30 days，In the past week, the price of Ethereum POW forked token has dropped by more than 50%James Dean
Security agencies: nearly 20% of the stolen funds of about $37 million have been returned to nomad
The blockchain Security Agency peckshield tweeted that nearly 20% (US $37 million) of the stolen funds had been returned to the nomad fund recovery address.Wayne Ingram
In July, the trading volume of CEX crypto derivatives exceeded US $3 trillion, up 13% month on month
The trading volume of cryptocurrency derivatives on the centralized trading platform (CEX) increased to US $3.12 trillion in July, an increase of 13% month on month. The trading volume of derivatives market accounted for 69% of the total crypto trading volume, up from 66% in June.James Dean
The average price of virtual real estate platforms plummeted, and Lin Junjie’s virtual real estate losses exceeded 86%
The average price of virtual real estate platforms (decentraland, the sandbox, voxels, somniumspace, nftwolds and superworld) has dropped from about US $17000 in January this year to about US $2500 now, a drop of 85%.Martha Grizzard
Curve finance solves website vulnerabilities and guides users to revoke any recent contracts
On Tuesday, automated market maker Curve Finance took to Twitter to warn users of an exploit on its site. The team behind the protocol noted that the issue, which appeared to be an attack from a malicious actor, was affecting the service’s nameserver and frontend.Craig Green
Vitalik Buterin Backs Proposal For Anonymous NFT Ownership
Ethereum Co-Founder Vitalik Buterin has backed a proposal to create a new extension for non-fungible tokens (NFTs), where only the new owners of pre-owned NFTs can see who previously held them, as they would not be visible to everybody through blockchain data.James Dean
