The hack used the same flaw as the previous $160 million heist. With a vanity address, one may choose their own unique string of letters and numbers. An Ethereum “vanity address” valued around $950,000 was compromised; this address was created using a program called Profanity. The hack used the same
Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting
The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,
A total of 8,094 ETH was added to the supply pool since the merge. The gas fee at present in the Ethereum network is 4.62 Gwei. Ethereum merge didn’t turn out as expected in various aspects. The post-merge scenario was to take the Ethereum (ETH) token closer to the deflationary
The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected
Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of
Guo stated that the forked token present pricing is “very cheap.” The miner said that the new token has the potential to rise by 100x. Self-appointed Ethereum hard fork organizer Chandler Guo predicts that in 10 years, the value of Ether (ETH) and the freshly airdropped, proof-of-work ETHW will be
After Merge, Ethereum reached the $1,200 price range. ETH decreased by over 7% in the last 7 days and 25% in the previous month. Ethereum (ETH), which was anticipated to regain $2,000 levels following its Merge upgrade, was drifting to the $1,327 level. Additionally, ETH reached the $1,200 price range
Buterin claims the high-stakes event went off without a hitch. Buterin wants Dogecoin and Zcash move to PoS. Vitalik Buterin believes that now that the Ethereum merge is complete, other blockchains like Dogecoin and Zcash should also do the same. Over a video call with attendees at Friday’s Mainnet conference,
The Merge is a milestone in development but implementation success is pending. Functioning of Ethereum is largely in the US geography, which is a boon and bane. Ethereum merge hurricane has crossed the crypto market in the last week, and the hype pre-and post-merge was enormous. But the verdict prevailing
