The ERC-20 Ethereum token standard is a blueprint for creating fungible tokens that are compatible with the broader Ethereum network. Ethereum, or ether, is a cryptocurrency that allows for the creation of a variety of applications, including tokens, that don’t require intermediary services to operate, unlike most traditional applications. Source link … [Read more...] about What is the ERC-20 Ethereum Token Standard?
Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains.Soon after realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able to access the … [Read more...] about AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Following delays to the ERC-20 converter, Cardano developers Input Output (IO) announced this week that the testnet version is now live.The first ERC-20 token to get the converter treatment is SingularityNet’s $AGI, which IO was keen to stress can now take advantage of lower fees, higher transaction capacity, and enhanced security.Interoperability between different chains is an … [Read more...] about Cardano ERC-20 converter is now available on testnet
Crypto trading platform FXT announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1500% growth since its launch back in January 2021. The new token, which is built on the Binance Smart Chain (BSC), is designed to reduce transaction costs and settlement times compared to its Ethereum-based predecessor. In addition to increasing the altcoin’s … [Read more...] about FXT token taps into Binance Smart Chain following ERC-20 success
The Ethereum-based versions of Bitcoin, Dogecoin, Filecoin, and others can now be used on Polygon (formerly Matic Network) as a result of the new Polygon x RenVM Bridge support, the latter said in a post on Thursday.RenVM Integrates PolygonA direct bridge for #BTC and more is now live on @0xPolygon! #RenVMhttps://t.co/BzuTYoOQai— Ren (@renprotocol) May 27, 2021Polygon is an … [Read more...] about ERC20 versions of Bitcoin, Dogecoin, and others get a ‘bridge’ to Polygon