Pythia, Re-entry Attack Pythia Finance, a decentralized finance protocol, had $53,000 stolen via a reentrancy attack on September 3, according to a report from blockchain security firm Quill Audits. Pythia is an algorithmic stablecoin project that aims to manage finances using artificial intelligence. An attacker was able to collect more rewards than he was entitled to by repeatedly calling the “Claim Reward” function, preventing the reward balance from being updated after each call. According to the report, the attacker was able to repeatedly call the token’s “secure transfer” function in rapid succession because Pythia calls this function when rewards are…
Author: Crypto Flexs
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This article is also available in Spanish. Ethereum price is attempting a recovery wave above $2,280. ETH needs to break through the $2,360 resistance level to continue its uptrend in the short term. Ethereum is attempting a recovery in the $2,150 range. The price is trading below $2,320 and the 100 hourly simple moving average. A major downtrend line has broken, forming resistance at $2,280 on the ETH/USD hourly chart based on data provided by Kraken. The pair needs to break the resistance level of $2,360 to continue its uptrend in the short term. Ethereum price faces resistance Ethereum price…
Introducing Credit Coop: Funding Growth with Future Cash Flows – Chainwire housenewsroomAbout Credit Coop: Funding Growth with Future Cash Flow We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or…
Japanese gaming blockchain Oasys is expanding its presence in the Korean market through a partnership with SK Planet, a subsidiary of South Korean telecom giant SK Telecom.In a statement shared with The Block, Oasys said the partnership is expected to bring “millions of users” to the Oasys gaming ecosystem. The team explained that SK Planet’s OK Cashbag, a membership rewards platform, has a massive user base with 28 million members and 75,000 affiliated stores, and that the partnership “potentially opens up Oasys access to this important Korean market.”As part of the collaboration, SK Planet will become a validator for Oasys.…
Bitcoin bulls are trying to push the price back down into the range, which means the market has refused to collapse.
Peter Zhang September 9, 2024 11:03 Bitfarms postpones its special shareholder meeting to November 6, 2024 to address Riot’s revised requirements. The meeting will be held in person. Bitfarms Ltd. (NASDAQ/TSX: BITF), a global leader in vertically integrated Bitcoin data center operations, has announced that it has changed the date of its special meeting of shareholders. The meeting, originally scheduled for October 29, 2024, will now be held on November 6, 2024, according to GlobeNewswire. The change is in response to an amended request submitted by Riot Platforms, Inc. (Riot) on September 3, 2024.…
Bitcoin (BTC) price rose slightly above $57,500 on September 9 as markets recovered from the “hyperbolic” reaction to the August payrolls report. According to data from Cointelegraph Markets Pro and TradingView, Bitcoin price action shows an increase of about 8.3% from its weekly low of $52,546.BTC/USD daily chart. Source: TradingViewWith the Bitcoin price reversing today, many traders are wondering if BTC has hit bottom.Bitcoin Weekly Closing Price Delivers ‘Good News’ Bitcoin’s recent decline accelerated on September 5 after the U.S. payrolls report for August came in slightly weaker than expected. This was followed by a steep correction, with the Bitcoin…
LookOnChain recently compared the major market cap meme coins over the past 52 weeks. SHIB’s marketing representative cleared up the misconception that SHIB forces were behind WIF. Dogecoin has proven to be one of the most resilient during bear markets, despite its low upside. Lucy, Shiba Inu’s marketing director, mocked the new trend of comparing top dog meme coins. She said in a tweet from X on September 7, 2024: “If you compare the bare minimum you have achieved to SHIB, I will laugh and think you are a fool.”SHIB’s Secret Advantage Over Its Meme Coin PeersLucy acknowledged that the…
Matt Hogan, CIO of Bitwise Invest, took to social media platform X on Monday to refute a researcher’s claim that investment advisors are seeing low adoption of spot Bitcoin ETFs.“Investment advisors are adopting Bitcoin ETFs faster than any new ETF in history,” Hougan said in his post.. BlackRock’s position Bitcoin +5.94% The fund attracted “net inflows of $1.5 billion from investment advisers, which Bianco calls ‘a small amount’ because it represents just a fraction of the total $46 billion that has flowed into Bitcoin ETFs.”Hougan’s comments came in response to a lengthy post by market research expert Jim Bianco, who…
September 09 Bitfinex Alpha | BTC is tied to stocks, but alts are outperforming Posted at 12:53h On Bitfinex Alpha Maria Robusova SubscribeTo Bitfinex Alpha! Would you like to receive alpha from Bitfinex every week? Subscribe Last week, BTC fell 10.7% in its first week since opening in September, continuing a downward trend that has continued since late August. However, this decline took the price below the critical low of $56,711, which was similarly marked on May 1, a level that had previously triggered a rapid recovery. The sell-off has reduced leveraged positions, indicating that the market is potentially approaching…