An unidentified hacker gained access to Fixedfloat, an automated cryptocurrency exchange, and stole about $26 million in Bitcoin and Ethereum. The exchange is looking into the incident and trying to close any potential weaknesses; it has already recognized the hack. Until further notice, Fixedfloat’s platform is still closed. $26 million in ETH and BTC are … Read more
Co-founder of Ethereum (ETH) Vitalik Buterin has stated that he is looking forward to “Verkle trees” being introduced to the blockchain. The amount of disk space utilized by staking nodes would significantly decrease with the incorporation of the data structure. Buterin expressed his excitement over Verkle trees in a post on the social media platform … Read more
Co-founder of the Ethereum cryptocurrency project Vitalik Buterin has issued a warning regarding the use of deepfakes, or movies produced with artificial intelligence (AI) that attempt to impersonate people, to influence people to transact money. Buterin claims that the problem is not just cryptographical and that it is possible to solve it by asking friends … Read more
Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more
Since the August 2021 London upgrade, Ethereum has lost a sizable portion of its supply. Since the implementation of EIP-1559, which altered the way fees are determined, more over 4 million ether (3.2%) have been withdrawn off the network, according to ultrasound.money, a portal that keeps track of various information related to the ETH burn. … Read more