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Ethereum
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million on July 11. The DeFi protocol was exploited using a code…
Arcadia Finance hacker used reentrancy exploit, team demands return of funds
The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report…
Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain…
An Ethereum Improvement Proposal (EIP) made on July 7 seeks to standardize how tokens are bridged between networks. The “Sovereign Bridged Token” standard, or…
Vitalik Buterin wants Bitcoin to experiment with layer2 solutions just like Ethereum
Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like the zero-knowledge (ZK) rollups to become more than another payment…
Open-source advocates launch OP Stack testnet to fund public goods
Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of…
Ethereum price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off
Ethereum (ETH) has been on a downward trend with the $2,000 level forming a crucial resistance level in recent months.While Bitcoin (BTC) recorded 11.94% gains…
How Argentina’s inflation is helping altcoins and the crypto market
On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that…
Polygon spinoff launches testnet bridge to allow for low-cost layer-2s
Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge…
How the spot Bitcoin ETF filings affected the crypto industry in June: Report
The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a…
ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer
A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the…