News
Owing to a security vulnerability in six tokens, Multichain users lost more than $3 million over the week. A white hat hacker returned 322 ETH, but over 527 ETH is still exploited.
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Transactions News
A Bitcoin transaction occurs when data has been verified and collected into a block within the Bitcoin network. It basically consists of links to previous transactions and assigns every certain number of Bitcoins its public key named Bitcoin address. Since nothing is encrypted in the Bitcoin system, access to this information remains open. Navigating completed transactions in the blockchain is possible with Block Explorers. Block Explorers are necessary for identifying technical features and checking the payment status. The main advantages of cryptocurrency transactions compared to traditional, fiat-money transfers include the high speed of the payment processor, low fees, a variety of payment services, no mediators, decentralization, a low risk of making a mistake, and peer-to-peer interaction.
- News
Multichain users have lost over $3 million due to an unsolved security vulnerability that appeared in six supported tokens on Monday.
4674 - News
At the time the first BTC was sent, there wasn’t even a cash value associated with the crypto asset, compared to the more than $43,000 it is on Wednesday, Jan. 12.
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India’s Ministry of Commerce and Industry developed the SLDE platform for transferring documents using blockchain-based security protocols.
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Solana reportedly went offline for four hours on Tuesday. However, Solana.Status shows there have been no issues on the network.
25793 - Analysis
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors.
11247 - News
The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain.
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The Solana blockchain has reportedly suffered another DDoS attack that temporarily clogged the network. However, the network appeared to remain online.
29439 - Altcoin Watch
Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00.
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Bitcoin’s settlement efficiency has been improving, which means more value can be sent for lower transaction fees.
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Transaction fees have dropped this year, after a spike earlier this summer.
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Buterin issued a decrease-cost-and-cap proposal that aims to reduce unprecedented levels of strain and risk breaking the network.
31552 - Altcoin Watch
Meanwhile, the trading volumes across the crypto’s main instruments dropped by nearly 100% in the same period.
26156 - Analysis
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?
11723 - News
The Bank of Russia views CBDCs as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions.
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