The Top 10 Blockchain Hacking Techniques By Open Zeppelin

– Open Zeppelin, a cybersecurity company that provides tools for developing and securing decentralized applications(dApps).  – The company revealed that the biggest threat posed to dApps is not the blockchain technology but evil intent from hackers worldwide.  Blockchain hacking has become a problem and threatens the cryptocurrency ecosystem. Hackers can breach blockchain security to steal cryptocurrency and digital assets. This is why companies are working on innovative ways to secure their systems from cyber-attacks. Open Zeppelin has released a report summarizing the top ten blockchain hacking techniques.  How do Hackers Pose Threats to Blockchain Security?51% Attacks  This attack occurs when a hacker gains control of at least 51% or more of the computing power on a blockchain network. This will give them the power to control the networks consensus algorithm and be able to manipulate transactions. This will result in double spending, where the hacker can repeat the same transaction. For example, Binance is a major investor in memecoin Dogecoin and stablecoin Zilliqa, and can easily manipulate the crypto market.  Mga Panganib sa Smart Contract  Smart contracts are self-executing programs that are built on underlying blockchain technology. Hackers can hack into the code of smart contracts and manipulate them to steal information or funds, or digital

2023-03-18Industriya

Crypto Exchange Binance Announces Support For Staked ETH Withdrawals

crypto Ethereum  Crypto Exchange Binance Announces Support For Staked ETH Withdrawals  Balita ng Ethereum ng Bitcoin  54 segundo ang nakalipas | 2 mins basahin  Binance will hold off processing withdrawal requests for staked ETH for a week.  The exchange intends to implement a daily ETH redemption cap for each user.  The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to the mainnet.  After the successful Shapella update, Binance will begin ETH staking withdrawals through the ETH 2.0 Staking page, as per a March 17 release. This implies that Binance will hold off on processing withdrawal requests for staked ETH for a week.  On the ETH 2.0 Staking page, staking participants may exchange their BETH for ETH at a rate of 1:1. With the April 12 Shapella update, users have the option of continuing to stake their ETH or even staking additional ETH in order to gain BETH rewards.  Redemption Cap For Each User  When the Shanghai and Capella (Shapella) update has been implemented successfully, a second notice will inform users

2023-03-18Ethereum

Ethereum Shanghai upgrade deadline dates unveiled

The architects of the Ethereum (ETH) network have disclosed a new probable date for the highly awaited Shanghai upgrade, bringing the prospect of accessing staked ETH one step closer to investors.  The April 12 deadline for the Shanghai-Capella upgrade, also known as Shapella, for the leading Ethereum network was decided upon by the networks core developers at a meeting on March 16.  The developers claim that the Shapella update went live on the Goerli testnet, the last stop before the mainnet launch, with flying colors.  Epoch 620,9536, which corresponds to 10:27 a.m. UTC on April 12, 2019, will mark the time of the update.  What the Shapella update will entail  The update‘s primary attraction is EIP 4895, which implements validator staking withdrawals on the leading network. This crucial feature was left out of Ethereum’s switch to proof-of-stake (PoS) consensus in September after the merge upgrade.  In addition, the Shapella update will have three other enhancements meant to reduce gas expenses for certain operations. Developers have been conducting public tests in Sepolia, Zhejiang, and Goerli since February in preparation for the withdrawals.  To top it all off, all three tenets could execute ETH withdrawals from their respective validator sets without a hitch.  How ethereum is doing today  Ethereum, the second

2023-03-17Ethereum

ETH, MATIC, And DOGE Are All Currently Up By More Than 3%

At the moment, almost all of the top 10 cryptocurrencies by market cap are trading in the green.  ETH, MATIC, and DOGE are all up by more than 3%.  DOGE is one of the frontrunners in the top 10 after a more than 6% increase.  Almost all of the top 10 cryptocurrencies by market cap are trading in the green for today, according to CoinMarketCap. This includes cryptos like Ethereum (ETH), Polygon (MATIC) and Dogecoin (DOGE).  ETH is currently trading hands at $1,721.29 after a 3.73% increase in its price over the last 24 hours. In addition to this, ETH is also in the green by more than 22% over the last seven days. The altcoin did, however, weaken against its biggest competitor, Bitcoin (BTC), by about 2.10% over the last day.  Also trading in the green is MATIC. The altcoin is currently worth about $1.19 after a 4.76% increase in price since yesterday. MATIC was also able to reach a high of $1.19 and a low of $1.12 over the same time period.  When it comes to MATICs 24-hour trading volume, it is currently in the red zone and stands at $453,540,236 after a more than 38% decline over the past day. In terms of

2023-03-17Ethereum

Cardano Whale Transactions on the Rise As the Ethereum Competitor Continues To Dominate Development Activity

Whale-sized transactions of the leading Ethereum (ETH)-competing blockchain Cardano (ADA) are on the rise, according to a popular crypto analyst.  Ali Martinez nagsasabi their 21,600 Twitter followers that Cardano transactions exceeding $100,000 are increasing, which “indicates institutional investors‘ and ADA whales’ increasing engagement.”  Source: Ali Martinez/Twitter  ADA is worth $0.324 at time of writing. Cardano is up 0.28% in the past 24 hours and nearly 5% in the past week. The seventh-ranked crypto asset by market cap is also up nearly 30% since the start of 2023.  Sa kabila ng pagbawi ng presyo ngayong taon, nananatiling higit sa 89.5% pababa ang ADA mula sa all-time high nitong $3.09, na tumama noong Setyembre 2021.  In addition to increasing whale transactions, Cardano also tops the charts in terms of weekly development activity on the development hosting platform GitHub.  The pseudonymous crypto analyst Bagsy Nagbahagi a chart earlier this week through the Twitter account ProofofGitHub that indicated Cardano was leading all other crypto projects in that regard.  Source: Bagsy/Twitter  Ang ProofofGitHub ay pinapagana ng crypto analytics firm na Santiment.  Santiment has said that a high amount of development activity happening in a blockchain ecosystem can signal that people believe in its future.  Interoperability blockchain Polkadot (DOT) and its sandbox Kusama (KSM) tied for

2023-03-17Ethereum

Ethereum Sharks Accumulate Over $6,000,000,000 in ETH – But There’s a Catch: Crypto Analytics Firm Santiment

Crypto analytics platform Santiment says sharks have accumulated a whopping $6.13 billion worth of Ethereum (ETH) in the past year.  However, the market intelligence firm sabi ni that whales have dumped a lot of their ETH holdings during the same time period.  ETH sharks picked up 3.61 million ETH coins in the past year, but whales unloaded more than double that amount, per Santiment.  Pinagmulan: Santiment / Twitter  Ang Ethereum ay nakikipagkalakalan para sa $1,699 sa oras ng pagsulat.  Kagandahan din sabi ni that crypto discussions are dominated by the banking crisis, including how Credit Suisse said it would borrow up to $54 billion from the Swiss National Bank to stay afloat.  Pinagmulan: Santiment / Twitter  Ang market intelligence firm mga tala that Bitcoin (BTC) usage is seeing a lot of growth despite the banking crisis and volatility in the markets.  Pinagmulan: Santiment / Twitter  Ang Bitcoin ay nagkakahalaga ng $24,958 sa oras ng pagsulat.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling

2023-03-17Ethereum

ETH’s Price Sudden Boom. Impact of Shanghai-Capella Upgrade?

Ang presyo ng ETH ay sumasailalim sa instant surge na 3.8%.  Ang isang spike ng $1,776 ay bumagsak sa $1,703.  Ang presyo ng Ethereum (ETH) ay sumasailalim sa instant surge na 3.8% sa loob lamang ng dalawang oras. Ang presyo ay tumaas hanggang $1,726.62. Ang pinakamalaking altcoin sa crypto market ay inaasahang makakaranas ng ginintuang panahon nito pagkatapos ng PoS consensus upgrade. Ngunit ang katotohanan ay naiiba mula dito.  I-post ang pagbabago ng mekanismo noong Setyembre 2022, ang ETH network ay inaasahang magiging spotlight. Ngunit ang pagbagsak ng peer cryptos at pagkawasak sa tradisyonal na mga pamilihan sa pananalapi ay patuloy na pinag-uusapan. Kasabay ng pagiging dahilan para hilahin pababa ang presyo ng Ethereum.  Nakumpleto ng Shanghai-Capella, aka Shapella upgrade ang huling Goerli testnet noong ika-14 ng Marso. Sa kabila nito, ang mga kinalabasan ay hindi kasiya-siya, dahil ang paglahok mula sa mga validator ay hindi umabot sa marka. Gumagamit ang pangkat ng mga pamamaraan upang malutas ang mga pagkukulang. At ang mainnet run ay naka-iskedyul sa Abril 2023.  Ang matagumpay na pagkumpleto ng testnet run ay dapat na nagpasigla sa bullish movement sa Ethereum price chart. Ngunit hindi, bumagsak ang isang spike na $1,776 sa $1,703. Ang halaga ng Ethereum ay sumusunod sa landas

2023-03-17Ethereum

Crypto Whale Swaps 3.43M LDO for 7.28M AGIX and 2,824 ETH

Loockonchain identified a whale transaction that swapped LDO for AGIX on Binance.  The whale transferred 3.43 million LDO, equivalent to $8.2 million, to Binance.  In exchange, the whale received 7.28 million AGIX, worth $3.6 million, and 2,824 ETH worth $4.66 million.  Blockchain tracking firm Loockonchain has identified a whale transaction that swapped Lido (LDO) tokens for SingularityNET (AGIX) on the Binance exchange. The firm tweeted that the whale transferred 3.43 million LDO, equivalent to $8.2 million, to Binance.  In exchange for the transferred LDO, the whale received 7.28 million AGIX, equivalent to $3.6 million, and 2,824 ETH worth $4.66 million. The whale reportedly added AGIX liquidity to Uniswap afterward.  AGIX is among the altcoins that have recently generated significant interest in the crypto market and is #22 on Trending Cryptocurrencies on Coinmarketcap. The influx of funds into the SingularityNET project has seen its native token, AGIX, rise by over 33% in the past week, based on data from CoinmarketCap.  According to analysts, AGIX is among the highest beneficiaries of the rising interest in Artificial Intelligence (AI) championed by OpenAIs ChatGPT. The native token of SingularityNET, AGIX, allows users to vote on the SingularityNET network, which provides a marketplace where users can create, share, and monetize AI

2023-03-17Ethereum

Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

crypto  Ang pagbagsak ng Silvergate at Silicon Valley Bank ay kumakatawan sa isang hamon para sa crypto  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The collapse of Silicon Valley Bank (SVB) and Silvergate Capital, some of the most crypto-friendly banks in the industry, has forced many crypto firms to hold their breath. The loss of a significant banking partner for many companies means it will be even harder for them to comply with regulations and offer their services in a way that is consistent with the expectations of the United States Securities and Exchange Commission.  In the aftermath of the banks collapse, the second-most liquid U.S.-dollar pegged stablecoin, USD Coin (USDC), temporarily lost its peg and fell below $0.87, as its issuer, Circle, admitted that it held $3.3 billion at SVB. Within the crypto industry, Circle is one of the better-known, “mature” players, so the news understandably shook investors, forcing many to lose their confidence in cryptocurrencies once again.  It is obvious that the collapse of SVB and Silvergate has and will continue to challenge the crypto industry as a whole. In addition to that, it has also created uncertainty as banking partnerships are crucial for the infrastructure that enables crypto companies to operate.  This

2023-03-17Industriya

Stock Market Rallies As 11 Bank Giants Aid First Republic, But FRC Dives Late; Apple, Microsoft Flash Buy Signals

Kabuhayan  Stock Market Rally Bilang 11 Bank Giants Tumulong sa Unang Republika, Ngunit FRC Dives Huli; Apple, Microsoft Flash Buy Signals  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Tumagilid nang mas mababa ang Dow Jones futures pagkatapos ng mga oras, kasama ang S&P 500 futures at Nasdaq futures. FedEx (FDX) reported earnings late Thursday, signaling a possible FDX stock breakout.  The stock market rally attempt had a strong session, reversing higher from morning lows. The Nasdaq led the way, fueled by big caps such as Apple stock, microsoft (MSFT), Advanced na Micro Aparatong (AMD) at NVIDIA (NVDA).  But Thursdays market catalyst was news of a $30 billion deposit infusion for embattled California-based Unang Bangko ng Republika (FRC). JPMorgan Chase (JPM), Citigroup (C), Bank ng Amerika (BAC) at Wells Fargo (WFC) announced that they will each make a $5 billion uninsured deposit into First Republic. Goldman Sachs (GS) at Morgan Stanley (MS) are contributing $2.5 billion each. Bangko ng New York Mellon (BK), Pinansyal ng PNC (PNC), State Street (STT), totoo (TFC) at US Bancorp (USB) are each making an uninsured deposit of $1 billion.  FRC stock, down over 36% intraday and up as much as 28%, closed up 10.3% to 34.38. Shares are off more

2023-03-17Industriya
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