Omnichain Money Market shining capital RDNT -4.51% According to on-chain evidence and Web3 Security Ancilia, it appears to be under attack. The attack began Wednesday afternoon at Radiant’s. Ethereum ETH +0.96% layer 2 decision ARB -0.19% After creating the instance BNB +1.68% chain, according to Arkham Intelligence. data. “We have seen multiple transfers from user accounts via contract 0xd50cf00b6e600dd036ba8ef475677d816d6c4281. Please cancel the approval as soon as possible. The new implementation appears to have a vulnerability feature.” Ancilia wrote to X. The transferFrom exploit uses the transferFrom function of a smart contract to allow one account to send a specified number…
Author: Crypto Flexs
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Stuart Alderoty, Ripple’s chief legal officer, believes the June 2024 flip will occur. Chevron USA Inc. Great Natural Resources Defense Council The U.S. Supreme Court’s ruling will likely have little impact on the Securities and Exchange Commission’s (SEC) strategy to pursue cryptocurrency compliance through enforcement. In an interview with Cointelegraph’s Turner Wright, Alderoty emphasized that only a change in leadership will bring about a change in the SEC’s attitude. “Under this leadership, I believe the SEC has done tremendous institutional damage to what was once a highly respected institution,” Ripple CLO said.Alderoty also stated that the SEC’s ongoing litigation against…
Ted Hisokawa October 16, 2024 19:53 NVIDIA is working with Google Cloud to integrate NVIDIA NIM with Google Kubernetes Engine and deliver scalable AI inference solutions through Google Cloud Marketplace. Rapid advancements in artificial intelligence (AI) models are driving the need for more efficient and scalable inference solutions. In response, NVIDIA has partnered with Google Cloud to offer NVIDIA NIM on Google Kubernetes Engine (GKE) with the goal of accelerating AI inference and simplifying deployment through Google Cloud Marketplace. NVIDIA NIM and GKE integration NVIDIA NIM, a component of the NVIDIA AI Enterprise software…
Stablecoin issuer Tether Holdings Ltd is reportedly considering entering the commodity trade finance business amid growing cash reserves. Tether Holdings, which generated $5.2 billion in net profit in the first half of 2024, is exploring the possibility of providing loans to commodity trading companies, according to a Bloomberg report. The report, citing “people familiar with the matter,” said Tether has begun discussions with several commodity trading firms with a view to providing U.S. dollar loans to the sector. Tether CEO Paolo Ardoino told Bloomberg that he believes the opportunities in the commodity trading sector “will be huge in the future.”…
In a blog post published on October 14, Ethereum co-founder Vitalik Buterin outlined potential future improvements to the Ethereum protocol, focusing on technical improvements to the proof-of-stake (PoS) system. This post, titled “Possible Futures of the Ethereum Protocol, Part 1: Merge,” explores strategies to improve stability, performance, and accessibility while addressing centralization risks. First, Buterin looked back on Ethereum’s successful transition from proof-of-work to proof-of-stake (aka “The Merge”) about two years ago, saying, “This proof-of-stake has performed very well in terms of stability, performance, and avoiding centralization risks. Yes. ” However, he emphasized that “there are still some important areas…
Bitcoin (BTC) price hit another monthly high of $68,400 on October 16, forming a new high price pattern (HH3) in the market. BTC quickly hit a new weekly high after a sharp hourly correction of 3.41% on October 15. Along with price, BTC’s on-chain data is also showing positive improvement with active addresses indicating positive changes in market demand and user activity. Bitcoin 1 day chart. Source: Trading ViewWith the price oscillating near the $70,000 level, analysts are covering a key price range that could lead to a short-term correction or interrupt a six-month downtrend. Analyst Says Bitcoin Price Is…
Happy Wednesday! In today’s Daily, Cosmos co-founder Jae Kwon blames Iqlusion for security risks linked to North Korea, Italy plans to raise Bitcoin capital gains tax to 42%, US plans to impose prison terms for 2016 Bitfinex hackers, etc. We are asking for a reduction.Meanwhile, a new a16z cryptocurrency report shows that cryptocurrency activity and usage is at an all-time high.Let’s get started.Cosmos co-founder blames Iqlusion for security risks linked to North KoreaCosmos co-founder Jaewon Kwon on Tuesday raised concerns about the development and security of the Cosmos Hub’s liquid staking module linked to North Korean agents. “Over a period…
This is a grayscale file for converting a multi-crypto fund to a spot ETF. Analysts warn of difficulties due to inclusion of XRP, SOL and AVAX On October 14, cryptocurrency asset manager Grayscale applied to the U.S. Securities and Exchange Commission (SEC) to convert its multi-crypto fund into an ETF. The company’s current digital large-cap stocks (GDLC) The fund has $524 million in assets under management and ranges from: Bitcoin (BTC), Ethereum (ETH), Solana (SUN), Ripple (XRP)and Avalanche (AVAX)). BTC and ETH controlled over 90% of the fund. Once approved, the fund will be traded. It’s on the New York…
London, UK, October 16, 2024, ChainwireNeon EVM pioneered the network expansion category for Solana, ushering in a new era of integrated growth.Solana’s leading Ethereum Virtual Machine (EVM), Neon EVM, has officially adopted the Solana Network Extension as a product category, perfectly capturing the essence of this new category. Network expansion fills an important gap in the Solana ecosystem. Neon EVM provides clarity for developers, investors, and users alike by providing formal categories for projects that natively extend the functionality of Solana. Traditionally, positioning has been driven by the unique characteristics of Neon EVM and various other projects (MagicBlock, MetaPlex, etc.).…