Tag: Smart contract

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ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched

The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame. United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service. Blockchain…
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Most Crypto Scams are Happening on This Blockchain – Here’s What You Need to Know

Cryptocurrency risk monitoring platform Solidus Labs said that over 10% of tokens showing scam characteristics reside on Binance’s native BNB Chain. Less than 10% is seen on Ethereum (ETH). The research firm announced its real-time, on-chain Threat Intelligence tool on Thursday, saying that it was designed to help anti-money laundering (AML) teams address smart contract…
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Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours

Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token…
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Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO

On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM…
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VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’

A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin…
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Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’

The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says that the government’s sanctioning of Tornado Cash exceeds the Treasury’s statutory authority. The…
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L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum

Vitaly Yakovlev is CTO at DeFi platform ZKX.__________ This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. … Read More: L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum  Read more »Sign up for…
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Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?

ETHPoW’s hash rate and total value locked have risen significantly during its latest bull run. ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch. The short analysis of the attackhttps://t.co/87OVRqaYb2 https://t.co/vhRJyZVc72 — BlockSec (@BlockSecTeam) September 18, 2022 https://platform.twitter.com/widgets.js Bull trap…
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White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?

The ethical exploiter thanked Arbitrium for the 400 ETH payday, but said such a find should be eligible for the max bounty of nearly 1,500 ETH, or $2 million. A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty…
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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop

ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors. ThCardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK…
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