Tag: Ethereum
Lido Finance integrates stETH into BNB Chain – CoinJournal
In a groundbreaking decision, the Lido Finance community voted to integrate its stETH (Staked Ethereum) into the BNB Chain on August 9. This marks the first time Lido has connected to a layer-1 blockchain...
Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal
Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations
Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a $9.8 million exploit. The incident, which occurred on August 6,...
Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline
Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
Ether ETFs Experience $340 Million Outflows in Debut Week
Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of the Grayscale Ethereum Trust (ETHE) in favor of competing products....
Global Internet Outage Sparks Surge in CrowdStrike and Windows BSoD Meme Tokens on Solana...
A global internet outage has caused a surge in the creation of new crypto tokens on the Ethereum and Solana blockchains. These tokens are themed after CrowdStrike, a prominent internet services company, and the...
The Evolution of Smart Contracts: Technological Impact and Future Trends
Smart contracts are changing the way agreements are made by automating processes and reducing the need for intermediaries. These digital contracts are built on the Ethereum blockchain and offer increased efficiency and transparency. Recent...
MATIC to POL Upgrade Scheduled for September – CoinJournal
Polygon Labs has recently announced an important technical upgrade for the Ethereum Layer 2 blockchain, Polygon. The upgrade will involve transitioning from the current token, MATIC, to a new token called POL, and is...
Understanding the Dough Finance Flash Loan Attack: Latest Updates and Analysis
Dough Finance recently experienced a devastating flash loan attack, resulting in a loss of around $1.8 million worth of digital assets. The attack targeted a smart contract within the platform, exposing vulnerabilities in the...
Dough Finance Flash Loan Attack: A CoinJournal Analysis
A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
