Red Hot Ethereum: Breach Of $2,000 Draws Major Players Into the Fray
The price of Ethereum (ETH) exhibited superior performance compared to Bitcoin (BTC) in the previous week, mostly because of the registration of Blackrock’s Spot ETF, which instilled optimism that ETH will surpass its previous peak in 2023 and exceed $2,500. Related Reading: Celestia Strikes: How This Lesser-Known Coin Went Berserk With 126% Price Explosion In a groundbreaking twist since the Ethereum (ETH) Shanghai upgrade earlier this year, the value of Ether has triumphantly surpassed the $2,000 milestone, propelled by the recent surge in Bitcoin (BTC) towards the $38,000 mark.....
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Hashflare, likely the first of the non-Ethereum family to come out publicly as affected by the breach in the DAO contract, has suspended ETH mining activities. Following the breach experienced in The DAO contract, Hashflare has announced the suspension of its ETH mining activities. “It is our duty to let you know that due to the recent breach in the DAO contracts, ETH mining and withdrawals will be blocked until the breach is fixed,” the cloudmining company stated in a notice sent out to its subscribers. It adds: “At this exact moment, the developers of the DAO and Ethereum are working....
The Ethereum Foundation has confirmed a significant security breach involving its official email system managed through the third-party service provider, SendPulse. Tim Beiko, a prominent figure at the Ethereum Foundation, raised the alarm on the social media platform X, revealing that the “[email protected]” mailing list had been compromised. This breach has exposed subscribers to phishing […]
KuCoin reported a major security breach on Sep. 26, affecting Bitcoin, Ether, and ERC20 hot wallets while BTC and ETH prices remain unfazed. In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.Following the security breach, the price of Bitcoin barely moved, however. Other major cryptocurrencies, including Ether and decentralized finance (DeFi) tokens also....
Lottery players worldwide will soon be able to compete for winnings in games that operate transparently over the Internet and receive payment immediately in cryptocurrency. Players will have access to full information on draws, wins and other transactions within the system. The system provides transparency of all processes, which indicates it offers fair play. Kibo Partners PTE. Ltd., based in Singapore, is readying the global launch of KIBO, a decentralized gaming platform built on Ethereum smart contracts. The smart contract’s architecture provides all game rules, which cannot be changed....
Ethereum was formerly developed as a PoW blockchain. However, it’s been planning to transition to PoS through an upgrade tagged the merge. The process, which has different phases, is almost getting to completion as the date for the merge draws closer. The target is September 15 and would finally merge the Ethereum mainnet and the […]