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DeFi Platform CoW Protocol Loses Over 550 BNB in Contract Exploit

Decentralized finance (DeFi) protocol CoW Swap has suffered a smart contract exploit, leading to the loss of approximately 551 BNB ($181,600). According to reports, the attacker added a wallet address as a “solver” of CoW Swap and invoked a transaction to approve DAI transfers to SwapGuard before moving the assets to other addresses. A Settlement Contract Exploit Blockchain surveyor MevRefund first noticed the attack in the early hours of today. The maximal extractable value...

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Taproot Usage Soars Amid Rising Interest in Ordinals on Bitcoin

Ordinals – a new and controversial Bitcoin-based protocol – is making its mark on-chain with a record number of Taproot-related transactions, according to the blockchain data provider Glassnode.  Nevertheless, the debate is still hot within the Bitcoin community as to whether the technology should be celebrated or cursed. The Popularization of Ordinals Ordinals were designed by Bitcoin Core contributor Casey Rodarmor as a way of identifying individual satoshis on the network....

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Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

Scaling Ethereum has undoubtedly been one of the hottest topics in the past months. The network’s transition to a proof-of-stake consensus algorithm in September 2022 was a huge milestone in this regard, as it opened the door for many different scaling solutions to be implemented. While Ethereum developers are working on ways to scale the network natively, the power of layer-two solutions is only beginning to manifest. Concepts such as zero-knowledge proofs are now becoming a...

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Uniswap to Deploy on Boba Network Following Successful Governance Vote

Leading decentralized exchange (DEX) Uniswap v3 will be deploying on Ethereum’s layer 2 protocol Boba Network following a successful governance vote from the Uniswap community. The proposal was earlier submitted by the Boba Foundation and FranklinDAO with backers including GFX Labs, Blockchain at Michigan, Gauntlet, and ConsenSys. 51.01M Voted Yes on the Proposal In a press release shared with CryptoPotato, the community overwhelmingly voted in favor of the proposal, with...

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The Crypto Comedy Club

Organisé par Léo Filipetti, le Crypto Comedy Club est un plateau de stand-up dédié aux cryptomonnaies et à toutes les blagues connexes : web3, blockchain, NFT. Quand ? – Jeudi 9 février 2023 à 20h00 Où ? – NFT Factory, 137 rue Saint-Martin à Paris Entrée gratuite – Le chapeau à la fin du spectacle accepte le bitcoin (et tout le reste). En savoir plus :...

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Crypto Firm Animoca Brands Is Bringing Back Movie Pass

Movie Pass – a program that seeks to provide lesser-priced movie tickets to theatergoers – is back with a bang. This time, it’s backed by cryptocurrency and getting a little help from the blockchain space. Movie Pass Is Coming Back with Crypto in Its Corner The company has had a rather harsh run of things, first rising to the ranks over a decade ago in 2011. The enterprise sought to provide discounted movie tickets, though there appears to have been some controversy...

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Sondage : Des « artefacts numériques » sur la blockchain Bitcoin

L’enregistrement « d’artefacts numériques » – tels que des images, des sons de plusieurs minutes ou même des jeux – dans la Timechain de Bitcoin, provoque un dissensus au sein même de ceux qui se considèrent comme des « maximalistes » de Bitcoin. Pour les uns, il s’agit d’un nouveau cas d’usage permis par le protocole depuis les mises à jour SegWit puis Taproot, ouvrant de nouvelles opportunités...

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Blockchain.com Is Next Crypto Firm to Initiate Layoffs

Digital currency firm Blockchain.com has announced it’s going to be laying off approximately 25 percent of its staff, which amounts to about 150 separate people at the time of writing. The company is just the latest to fall victim to the bearish digital currency conditions which first began in 2022, and it doesn’t look like the trend is going to stop in the immediate future. Blockchain.com Staff Members Are Made to Say Goodbye Blockchain.com is also shutting down its...

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Crypto Exchange Bitfinex Transfers $8.5M to Alameda Consolidation Address

Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to Alameda Research’s consolidation wallet. According to Etherscan, the address labeled “Alameda Consolidation” received $13 million worth of crypto assets from three different wallets. The first belongs to the leading crypto exchange Bitfinex. It transferred approximately 6 million USDT and 1,545 ether (ETH), amounting to roughly $8.5...

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Orion Protocol Hacked for $3 Million Through Reentrancy Attack

Orion Protocol – a liquidity aggregator for both CeFi and DeFi exchanges – saw its core contract hacked on Thursday across both its Ethereum and Binance Smart Chains (BSC) deployments.  The hacker netted over 1700 ETH, cumulatively worth over $3 million at writing time.  Another Reentrancy Hack As explained by the blockchain security company PeckShield on Twitter, Thursday’s hack was made possible “due to incomplete reentrancy protection.” A reentrancy bug refers to when an...

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