After years of leaving 39,712 Ether (ETH) locked at the Ethereum Name Service (ENS) auction, a whale using the domain “darkmarket.eth” has reclaimed the digital assets and transferred over $119 million in ETH to a new wallet. After 2.7 years of dormancy, darkmarket.eth reclaim 39,712 $ETH ($74.17M) locked in the ENS auction just now. And transferred 63,734 $ETH($119M) out to…
Month: July 2023
Cex price feed prevents Curve price from collapsing amid $100M vulnerability
Several Curve Finance liquidity pools were attacked on July 30 due to a vulnerability found in the programming language Vyper. Vyper is a contract programming language created for the Ethereum Virtual Machine (EVM). Curve Finance is one of the key decentralized finance (DeFi) protocol due to the key liquidity services it offers, thus the code vulnerability has put nearly $100 million…
7 YouTube channels to learn machine learning
Machine learning is a fascinating and rapidly growing field revolutionizing various industries. If you’re interested in diving into the world of machine learning and developing your skills, YouTube can be an excellent platform to start your learning journey. Numerous YouTube channels are dedicated to teaching machine learning concepts, algorithms and practical applications. This article will explore seven top YouTube channels…
Ethical hacker retrieves $5.4M for Curve Finance amid exploit.
A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the recent hack. On July 30, several stablepools on Curve Finance were exploited due to malfunctioning reentrancy locks on several versions of the Vyper programming language. The losses from…
Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted: Report
The U.S. Securities and Exchange Commission (SEC) reportedly requested Coinbase to stop trading in all cryptocurrencies except Bitcoin (BTC) before suing America’s largest crypto exchange last month, according to a report by the Financial Times citing CEO Brian Armstrong. “They came back to us, and they said [. . .] we believe every asset other than bitcoin is a security,” said Coinbase CEO.…
Borneo authorities seize illegal crypto miners running off stolen power
Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public. According to local news outlet The Borneo Post, Sarawak Energy discovered the operation, which included 34 cryptocurrency mining servers operating using stolen electricity through cable tapping. Authorities seized all of the equipment used in…
South Korea to pilot CBDC in one of these three cities, not Seoul
The Bank of Korea has narrowed down three regions for the piloting of its central bank digital currency (CBDC), which does not include the country’s capital Seoul, according to a report from a local South Korean media outlet. On July 31, it was confirmed that the Bank of Korea has chosen Jeju, Busan and Incheon as its candidates for the…
DeFi Exchange Curve Finance Confirms Various Ethereum Pools Hacked
This morning, Curve Finance said that apart from several Ethereum pools, an Arbitrum-based liquidity pool may have also been “potentially affected” over the weekend. Curve Finance is a popular decentralized exchange (DEX), letting users swap like-assets such as Ethereum for Staked Ethereum, or Tether’s USDT for Circle’s USDC. It can be a helpful arbitrage tool for many traders should those…
BTC price ‘fireworks’ after monthly close? 5 things to know in Bitcoin this week
Bitcoin (BTC) heads into a new week and a new monthly close still stuck in one of its narrowest ever ranges. Acting in an area just below $30,000, BTC price performance has frustrated or simply bored traders over the past week — could a breakout come next? This is the question on every market participant’s mind as the week begins…
Binance to offer crypto broker-dealer services in Dubai with new license
Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai. Binance’s Dubai-based subsidiary, Binance FZE, has obtained the Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), the firm announced on July 31. The new license officially allows Binance to operate two…