Optimism is the foundation of Base, and Coinbase does not intend to issue a new network token Base, a layer 2 network built with Optimism’s OP Stack, was launched by Cryptocurrency Exchange Coinbase (COIN) to attract millions of new crypto users in the coming years. Coinbase launched the Base testnet on Thursday. The company announced…
On Monday, the price of Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, fell below $1,500 and reached the $1460s for the first time in nearly a month. The world’s second-largest cryptocurrency by market capitalization was down about 2.0 percent on the day at current levels in the $1,480s, with losses from earlier…
The eagerly anticipated withdrawals of staked ETH tokens will soon be tested in a brand-new test environment that is being prepared for launch by Ethereum developers. The new “Zhejiang” testnet is a necessary step for developers and regular users to test the network’s handling of staked ETH withdrawals. In technical circles, the new feature is…
The majority of the stolen funds came from a single wallet, with the malicious link draining $751,321.80 USDC. On January 27, a popular nonfungible token (NFT) project called Azuki had its Twitter account compromised. As a result, hackers posted a malicious “wallet drainer link” claiming to be a virtual land mint and stole USD Coin…
Another token frenzy has been sparked by Ethereum’s Shanghai upgrade, with investors betting on the upgrade’s success According to Bloomberg, speculators are increasingly betting on tokens associated with the upcoming upgrade to the Ethereum network, known as Shanghai. It is anticipated that the much-anticipated upgrade will take place in March. Holders of Ether will be…
According to a number of on-chain analysts, the hacker who stole 120,000 ETH tokens from the Wormhole cross-chain bridge, which was worth more than $321 million, has begun moving funds The hacker transferred $155 million in Ether tokens to 1Inch, a decentralized exchange (DEX), on January 23. Since then, the unidentified exploiter has begun trading…
In an effort to discover vulnerabilities, developers are using malicious nodes to attack the forked testnet. According to a Jan. 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden, developers have created a testing environment known as a “shadow fork” as the proposed date for the Ethereum Shanghai update draws closer. The purpose of…
Ever since ‘The Merge’ has been revealed, the prices for Ethereum have been fueling up. Ethereum is attracting more and more investors raising the value of Ethereum drastically. The prices for Ethereum have risen by more than 50% in the month of July after the announcement of the merge. This has been catching the attention…
