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…
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…
