IPOR Labs suffered a $336,000 exploit focusing on its USDC Fusion Optimizer vault on Arbitrum, with the assault exploiting a mix of legacy contract vulnerabilities and Ethereum’s newly carried out EIP-7702 delegation mechanism. The DeFi protocol confirmed that every one affected depositors will obtain full refunds from its treasury, which represents lower than 1% of…
Despite a protracted bearish motion within the value of Ethereum, the network activity has been demonstrating notable progress and efficiency over the previous few weeks. After reaching a vital peak in community efficiency, the main blockchain may very well be on the verge of one other main achievement. Another Incoming Record For Ethereum In a…
Over the previous few weeks, the worth of Ethereum has been on a downward development resulting from a extremely risky market atmosphere. ETH’s bearish motion seems to have hampered on-chain actions, as evidenced by a decline in its complete transactions carried out inside a month-to-month interval. A Quiet Month For The Ethereum Network Ethereum’s on-chain…
During the weekend, all the cryptocurrency market noticed a notable downward transfer, with the price of Solana dropping the $200 mark in a swift and sudden pullback. Nonetheless, this sharp bearish transfer in value didn’t hinder the community’s on-chain exercise, which continues to develop strongly. While Markets Crashed, Solana Network Stood Strong The Solana blockchain…
Ethereum is coming into its subsequent part of evolution with the Fusaka improve. With extra than simply one other technical iteration, Fusaka represents a significant step towards fixing Ethereum’s long-standing scalability and effectivity challenges. Why Fusaka Matters For Ethereum’s Next Era Of Decentralized Innovation Crypto markets are buzzing with the anticipation of the Ethereum Fusaka…
Arbitrum ($ARB) is making waves at $0.5264 with a $2.71B market cap, as PayPal integration rumors and institutional moves electrify the Layer2 race. It’s obvious something bigger is brewing in ARB’s ecosystem. The momentum stems from key drivers that include major tech upgrades, strategic partnerships, and exploding network activity. All eyes are now on the…
Decentralized perpetuals exchange GMX said Wednesday that users hit by last month’s security breach can now claim compensation through its dApp. Key Takeaways: GMX is distributing $44M to fully compensate Arbitrum GLP holders impacted by last month’s $42M exploit. The breach stemmed from a reentrancy vulnerability in GMX V1’s contract structure. Compensation will be in…