A bug on the non-fungible tokens (NFT) marketplace OpenSea has allowed an attacker to get away with massive discounts on several NFTs and make huge profit.The bug, which was discovered as early as Dec. 31, 2021, allowed the attacker to buy NFTs at older, lower prices, and sell them for a hefty profit. The attacker's wallet holds 347 ether ($770,000) at the time of writing. An … [Read more...] about OpenSea Bug Allows Attacker to Get Massive Discount on Popular NFTs
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Cardano Jumps 7% After Coinbase Fixes Withdrawal Bug
MarketsCardano’s rally was fueled by traders regaining confidence in the protocol, and the HKMA taking a more gentle approach to retail crypto. By Sam ReynoldsJan 13, 2022 at 7:52 a.m. UTCUpdated Jan 13, 2022 at 7:52 a.m. UTCcharles hoskinson (CoinDesk archive) Source link … [Read more...] about Cardano Jumps 7% After Coinbase Fixes Withdrawal Bug
Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon, the “critical” vulnerability in the network’s Proof-of-Stake (PoS) Genesis contract was first highlighted by two whitehat hackers on Dec. 3 and Dec. 4 via blockchain security and … [Read more...] about Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
Why Bitcoin’s Volatility Is a Feature, Not a Bug
I’m a financial advisor, and my clients own bitcoin. A few of them remind me frequently about bitcoin’s price volatility, which they consider to be a problem.I used to think that, too, but I was wrong. Bitcoin’s price volatility isn’t a bug – it’s a feature, and one that’s ultimately beneficial.This article originally appeared in Crypto for Advisors, CoinDesk’s weekly … [Read more...] about Why Bitcoin’s Volatility Is a Feature, Not a Bug
Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects
Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance.According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of projects on the Binance chain. As part of the partnership, Binance will match bug bounty payments issued by … [Read more...] about Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects