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
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How NFTs Put Generative Artists on the Map
“Did I make over a million dollars this year? Yes I did.”Joshua Davis is among hundreds, maybe thousands, of creators who have made life-changing amounts of money from the non-fungible token (NFT) boom. But he didn’t make his mil selling profile jpegs of zombie gophers wearing polo shirts.This feature is part of CoinDesk’s Culture Week.Davis founded Praystation.com in 1995 to … [Read more...] about How NFTs Put Generative Artists on the Map
Regulatory fears put a damper on Ethereum traders’ $5,000 target
This week Ether (ETH) price came within 2% of its all-time high, and on Dec. 2 the altcoin reached its highest price in Bitcoin (BTC) terms since May 2018. Ether hitting 0.0835 in its BTC pair represents a 229% gain for 2021, but Ether bulls might come out empty-handed from this Friday’s $680 million options expiry.ETH/BTC price at FTX. Source: TradingViewNotice the ascending … [Read more...] about Regulatory fears put a damper on Ethereum traders’ $5,000 target
Eth2 devs put out call to community to help test out the Merge
Ethereum (ETH) developers have put out a call to the community to help test the long awaited Merge between the Ethereum Mainnet and the proof-of-stake (PoS) based Beacon Chain. The Merge is a major milestone towards the transition to Eth2 as it will see the Ethereum network become a PoS blockchain, decreasing its energy consumption by 99%. On Nov. 29 Ethereum developer Marius … [Read more...] about Eth2 devs put out call to community to help test out the Merge
Someone put $8,000 in Shiba Inu last year. It’s now worth $5.7 billion
Shiba Inu has continued its bullish momentum in the last 24 hours leaving many skeptics of the coin in the mud as it rallied to as high as $0.00008616 during the said period.SHIB printing crypto gainers from new ATHA tweet published by Morning Brew, one of the most popular business newsletters, has revealed that one trader who invested $8000 in Shiba Inu is now worth $5.7 … [Read more...] about Someone put $8,000 in Shiba Inu last year. It’s now worth $5.7 billion