After a recent exploit, the Socket blockchain protocol recovered 1032 Ethereum (ETH). In a recent post on January 23, the Socket team stated that they were able to recover 1,032 ETH (2.3 million at current exchange rates) after exploiting the Bungie Bridge protocol last week. Fund Recovery UpdateWe successfully recovered 1032 ETH from funds related to the January 16 incident.We will soon announce recovery and deployment plans for our users.Thank you to everyone who helped us at Seal911, Slowmist, Hexagate, etc.@samczsun…— Socket (@SocketDotTech) January 23, 2024 “We successfully recovered 1,032 ETH from funds related to the January 16 incident.” socket…
Author: Crypto Flexs
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Posted 1 minute ago In ~ Episode 1 of Season 6 of The Scoop was recorded as follows: Frank Chaparro of The Block and Scott Fletcher, co-founders of Intersection Growth Partners.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, google podcast, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Scott Fletcher co-founded Intersection Growth Partners, one of the leading search firms in the cryptocurrency industry.In this episode, Fletcher outlines how the cryptocurrency job market has changed since the market bottom in 2022 and explains what it takes to secure an…
Celsius Networks, which is currently undergoing bankruptcy proceedings, has participated in a significant Ethereum transaction that has had ramifications in the digital currency landscape. Over the past 10 hours, LookonChain’s on-chain analysts have detected notable transfers, including a 13,000 ETH deposit ($30 million) to Coinbase and an additional 2,200 ETH ($5 million) to FalconX. These deals signal Chelsea’s proactive stance in resolving their ongoing financial problems. Celsius sells $125 million of ETH and maintains $1.3 billion in reserves. According to Arkham Intelligence, Celsius sold $125 million worth of Ethereum (ETH) coins between January 8 and January 12. The main goal…
join us telegram A channel to stay up to date on breaking news coverage The price of the FTX token has surged 12% over the past 24 hours, trading at $2.60 as of 4:30 a.m. ET, a nearly 300% surge in volume. This comes amid heightened conversation around FTX after the company sold nearly $1 billion of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF). A person familiar with the matter told CoinDesk that the largest portion of Grayscale’s outflow was from FTX’s bankruptcy estate, which sold 22 million shares equivalent to the aforementioned amount. ladle: @FTX_Official sold for approximately…
OKX, a leading Web3 technology company and cryptocurrency exchange, recently announced headline With the integration of wallet and Osmosis Decentralized Exchange Powered the Dollar-Cost Averaging Bot on the Cosmos blockchain and surpassed $10 billion in cumulative institutional trading volume on the Liquid Marketplace. However, even amidst these developments, OKX has been embroiled in controversy over the listing of ICE coins and is facing suspicions about restrictive trading practices. The issue surfaced when Ice, the organization behind ICE Coin, accused OKX of unfair and inconsistent trading restrictions following the listing of ICE Coin on January 19, 2024. Ice claims that despite…
The world’s largest cryptocurrency exchange has announced perpetual contract support for a new altcoin project connecting with the world of traditional finance (TradFi). ONDO (Ondo Finance) is a project that focuses on tokenizing real assets (RWA), focusing on short-term bonds and U.S. Treasury bonds. Ondo’s products are currently only accessible on the Ethereum (ETH), Solana (SOL), and Polygon (MATIC) blockchains. The fund invests in a variety of TradFi markets, including iShares Short Treasury Bond ETF, BlackRock’s short-term Treasury bond exchange-traded fund (ETF). The project is being led by Justin Schmidt, president and COO, and Nathan Allman, founder and CEO, both…
Analytics firm Santiment reports that Cardano still barely leads the cryptocurrency sector when it comes to this metric. Cardano still tops the development activity charts. new post At X, Santiment shared the latest rankings of cryptocurrencies based on data on their respective development activities. “Development activity” here basically means a metric that tracks the total amount of work put into the public GitHub repository by the project developers. One way to track and quantify this activity is to count the number of “commits” (where a commit is any change written to the repository). However, there are problems with this methodology.…
Security • January 23, 2024 5:54 AM EST Posted 1 minute ago In ~ Interoperability protocol Socket said Tuesday that it had recovered 1,032 ethers (worth $2.3 million at current prices) after exploiting the Bunge Bridge protocol it developed.In an update toA security incident last week affected wallets that had unlimited authorization for socket contracts. The project responded and suspended affected contracts, but at least $3.3 million worth of funds were stolen, according to blockchain security company PeckShield.“The vulnerability was caused by incomplete validation of user input, which was exploited to steal funds from users who accepted vulnerable SocketGateway contracts,”…
Minimum ETH threshold reached 🎉; December 1, 12:00 PM (UTC) Genesis Try running Node! Monitor updates through Genesis 🙌 Eth2 Genesis, December 1st. Get ready! this week deposit agreement The minimum threshold has been reached. 16384 Genesis begins with a 32-ETH validator deposit. Genesis time is 1606824023 — That is, December 1, 2020, 12:00:23 PM (UTC). If you made a Genesis deposit, please participate actively this week. Set up your node 🖥 Now it’s time to configure the nodes. Sync your eth1 client (start now! It may take a while), configure your favorite eth2 client, and load the validator. Check…
Ethereum price extended losses and tested the $2,300 support. ETH is currently trying to recover above the $2,340 level and may test $2,390. Ethereum began a new downtrend below the $2,420 and $2,400 levels. The price is trading below $2,400 and the 100-hour simple moving average. On the ETH/USD hourly chart (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance near $2,340. After breaking the $2,390 and $2,400 levels, the pair will attempt a new increase. Ethereum price revisits $2,300. Ethereum price has struggled to initiate a new rally above the $2,550 and $2,580…