'Ethereum L2s can steal user funds right now' - Are the allegations true?

Exec claims Ethereum L2s can “steal user funds.” Industry figures propose multi-signatories to eliminate single points of failure.  In a surprising disclosure, it has been revealed thatThe post 'Ethereum L2s can steal user funds right now' - Are the allegations true? appeared first on AMBCrypto.

162 +

Regulated Bitcoin and Ethereum funds have launched in Hong Kong

Hong Kong-based Huobi Asset Management announced the launch of Bitcoin (BTC), Ethereum (ETH), and mining-related funds for professional investors yesterday, it said in a release shared with CryptoSlate.

199 +

Ethereum 2.0 Deposit Contract Secures Enough Funds to Launch

The smart contract required for triggering Ethereum 2.0 has enough funds to begin activation of its most ambitious upgrade yet.

191 +

Ethereum 2.0 Deposit Contract Is 75% Funded Ahead of Dec. 1 Soft Launch

The smart contract required for triggering Ethereum 2.0 has nearly accrued enough funds to activate the momentous upgrade.

207 +

Ethereum 2.0 Interest Picking Up Steam as Holders Reallocate Their Capital: Report

Elias Simos from Bison Trails believes that interest in ETH 2.0 is rising as existing ETH players are visibly reallocating their funds within the Ethereum ecosystem

232 +

Grayscale Bitcoin, Ethereum Funds See Largest Ever Weekly Inflow

179 +

Top Ethereum whales are HODLing at an “impressive rate,” data finds

Top Ethereum whales are increasingly moving their funds off exchanges, on-chain data show. The post Top Ethereum whales are HODLing at an “impressive rate,” data finds appeared first on CryptoSlate.

133 +

MetaMask Launches A ‘Token Swap’ Feature In the Battle For A Share of the DeFi Market

MetaMask, the ConsenSys backed Ethereum app, introduces a token swap feature, promising the best trading fees in the decentralized finance (DeFi) ecosystem. This aims to take a share of the market from the prevailing decentralized exchanges which used Metamask connection to transfer funds to the trading wallet.

349 +

Ethereum’s DeFi Prediction Market Protocol PlotX Raises 2.4M as it heads towards mainnet launch

PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2. 4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets.

220 +

Ethereum Foundation announces $3.8M in new grants

The funds will go to 28 companies working on the Ethereum blockchain.

240 +

The perks of centralization: Tether to return $1M USDT lost in Swerve

After a user mistakenly sent $1 million worth of USDT to Swerve’s token contract, Tether’s CTO Paolo Ardoino reached out to the community saying that the company would be able to recover the funds were ERC-20 USDT stuck in an Ethereum address.

244 +

Peter Schiff’s Son Is Buying More Bitcoin Against Father’s Warning

It was recently reported that Ethereum whales are on the rise, Bitcoin whales have also been springing up this month and ironically, the son of popular gold advocate Peter Schiff might have made up the growing number of wallet holders increasing their existing funds.

326 +

Yield farming frenzy has led to massive Ethereum, Tether withdrawals in China

The ongoing rush for “yield farming” in the crypto market has reportedly led to Chinese investors withdrawing funds from exchanges in the country to lock them up on obscure protocols that promise high yields, said local outlet WuBlockchain earlier today.

264 +

Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts

Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools.

270 +

Zug Becomes First Swiss Canton to Accept Bitcoin and Ether for Tax Payments

The Swiss Canton of Zug, which has the highest concentration of hedge funds, cryptocurrency firms, and commodity traders, announced that it will now start accepting Bitcoin and Ethereum for tax payments from February 2021.

244 +

Investors pour in $400 million into YAM, a “dead” Ethereum DeFi project

Investors of Yam Finance, the yield farming project represented by a vegetable emoji that locked $750 million in investor funds last week before imploding, are not done with its world-changing promise yet, data shows.

340 +

Why isn’t Ethereum Classic worth $0? Macro investor asks after 51% attacks

Ethereum Classic (ETC), the fork or version of the Ethereum protocol that didn’t freeze the funds of the infamous DAO hack, has been under the spotlight over the past week. The post Why isn’t Ethereum Classic worth $0? Macro investor asks after 51% attacks appeared first on CryptoSlate.

360 +

China Ponzi Scheme PlusToken’s $185 Million Ethereum Stash is On The Move

Ethereum funds to the tune of $185 million, tied to the now-infamous PlusToken scam, moved on June 24, sending the cryptocurrency market in a tizzy and moving ETH prices down by almost 5 percent at the time of writing.

225 +

Grayscale Ethereum Trust (ETHE) Premium Collapses as Hedge Funds Liquidate their Holdings

This week, the price for the Grayscale Ethereum Trust has dropped more than 50% and nearly 60% since the June 4 high. This drop came despite the price of Ether trending upwards. Now the premium on the product is down, but still at over 300%, which went as high as 800% to Ether prices earlier […]

280 +

Banks and Hedge Funds Platform Integrates Bitcoin and Ethereum

A platform for banks and brokers, private banks, hedge funds, and asset managers, has integrated bitcoin and other cryptos. “Our clients are already dipping their toes into crypto,” TradingScreen says,...

178 +

TOP 3 Bitcoin and Crypto News for Today: 22 June ? ETH Analysis, DeFi Assets Rise, & BTC Whales Move Funds

Ethereum (ETH) price analysis, Bitcoin SV (BSV), Litecoin (LTC), and XRP to leave the Top 10 list as DeFi assets move upwards, and Bitcoin (BTC) whales move funds.

246 +

Ethereum DeFi Protocol Assures “User Funds Are Safe” After Rumored Attack

One of Ethereum and crypto’s “hottest use cases,” decentralized finance, got a big scare on June 17th as some market participants thought that a key application was being attacked by a bad actor.

223 +

Ethereum (ETH) Mining Pool, Ethmine, To Receive The $2.6 Million Transaction Fee Paid Out Mysteriously

After a four day wait, the Ethermine mining pool, in charge of verifying the abnormal multi-million transaction fees charged to send Ethereum last week, will distribute the funds to the miners. This follows the lack of response from the account holder who made the transaction.

505 +

Binance Freezes Funds Sent from Address Linked to $49M Upbit Hack

Hackers breached crypto exchange Upbit in November 2019, making off with $49 million in crypto — yesterday they tried to sell stolen Ethereum on Binance With so many exchanges being breached in the past few years, Binance and other major exchanges have resolved to freeze any hack-related funds sent to their platforms.

271 +

Just 10 Ethereum Addresses Control 17% of the ETH Supply

When looking at the distribution of cryptocurrencies, there will always be so-called “whale accounts”. In the case of Ethereum, those accounts hold a significant amount of funds, yet there doesn’t appear to be any cause for concern.

300 +

OpenLaw’s LAO Launches to ‘Break Apart Centralized Venture Capital Funds’ on Ethereum

OpenLaw launched a first-of-its-kind Limited Liability Autonomous Organization (LAO) on Tuesday, which would allow venture capitalists to make investments and generate returns on the upcoming line of Ethereum network-based projects.

276 +

Happy Ending of Ethereum DeFi Hack Still Leaves Much to Be Desired

It has been a tumultuous ride for users of Ethereum’s decentralized finance (DeFi) over the past few days. The evening of April 18th saw DeFi protocol Lendf. me go into a tailspin, with the protocol’s primary address bleeding funds at a rapid clip.

337 +

‘Hacker’ Trolls Ethereum DeFi Project, Returns some Funds with a Message

The decentralized finance and lending protocol Lendf. me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft.

349 +

Etherscan Launches “ETH Protect” to Identify and Flag Tainted ETH Addresses

Recently, prominent Ethereum blockchain explorer Etherscan announced the launch of “ETH Protect,” a new tool that seeks to identify and flag Ether (ETH) addresses in receipt of tainted funds associated with crypto exchange hacks, attacks, and other illicit activities.

267 +

Etherscan’s New Tool Lets Users Identify Tainted Ether Addresses

Ethereum blockchain explorer Etherscan has launched a new tool, named “ETH Protect.” The tool marks addresses with tainted funds and allows users to identify if any funds they have received...The post Etherscan’s New Tool Lets Users Identify Tainted Ether Addresses appeared first on Crypto Briefing.

167 +

Enjin Wallet Enables Sending of 100 Fungible & Non-Fungible Tokens in One Transaction

Enjin Wallet users will now be able to send and “melt” up to 100 distinct non-fungible and fungible Ethereum-based ERC-1155 blockchain tokens in one transaction. Further, the latest Enjin Wallet update also enables users to send funds and digital assets to easily-readable Ethereum Name Service (ENS) addresses.

604 +

Tezos Foundation Offloaded Millions of Dollars Worth of Bitcoin in 2019: Report

The Tezos Foundation liquidated some 8,000 bitcoin in the latter half of 2019, investing the funds into ethereum, XTZ and some more traditional securities. It still holds 31,000 BTC.

158 +

FTX Exchange Pays Users’ Gas Fees Out of Own Pocket

After unprecedented trading volumes and some network congestion, the FTX exchange introduced special measures to boost trader confidence. FTX Exchange Compensates Traders for ETH Congestion The rising gas fees for Ethereum (ETH) meant traders faced potential difficulties withdrawing funds.

223 +

DeFi (Decentralized financial applications) Funds Reach Close to 1 Billion USD

With the recent Ethereum price surge, decentralized finances sphere is ready to celebrate a crucial milestone. Total sum of money locked in DeFi may now exceed $1B

185 +

Funds Locked in DeFi Approach $1 Billion Milestone

The amount of money locked in decentralized finance (DeFi) contracts has just blasted through $900M — nearly reaching $920M at the time of publishing. DeFi is increasingly looking like it will be the main driver of Ethereum’s growth as its funds continue to increase.

247 +

HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally

Nearly $7 million worth of Ethereum was moved in the past 2 days, as the funds from the HEX smart contract begin to disappear. The post HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally appeared first on CCN.com

219 +

2,000 Ethereum From Upbit Hack on the Move

Funds from the recent theft from the Upbit exchange are on the move, according to a Whale Alert tweet. A transaction of 2,000 Ethereum shows that the hacker keeps trying to obfuscate the whereabouts of the funds.

237 +

IOTA Launches Fast and Easy Burner Wallet

Spark will compete with Ethereum’s similar web app. IOTA has released Spark, a web wallet that can be set up in seconds and erased in the same amount of time. The announcement refers to the app as a burner wallet: “The idea is that you use the wallet for small amounts of funds, for a […] The post IOTA Launches Fast and Easy Burner Wallet appeared first on Crypto Briefing.

212 +

Ethereum: Stolen Upbit funds worth $1.6 million moved

The hackers walked away with $51.7 million worth of Ethereum by attacking Upbit, a prominent South Korean exchange. Ever since the hack, the community has come together to track the movement of funds The post Ethereum: Stolen Upbit funds worth $1.6 million moved appeared first on AMBCrypto.

184 +

Upbit hackers move stolen Ethereum funds, claims report

Upbit, a prominent South Korean exchange, was hacked on 27 November, resulting in the exchange losing $51.7 million worth of Ethereum. This amount, reportedly, was moved on 28 November. According to TThe post Upbit hackers move stolen Ethereum funds, claims report appeared first on AMBCrypto.

235 +

South Korea: Crypto Exchange UpBit Hacked; Reports $51 Million Ethereum (ETH) Withdrawal

Major South Korean cryptocurrency exchange, UpBit, announced that over 340,000 worth of Ethereum (ETH) was transferred to an anonymous wallet. While the exchange did not explicitly mention a hack attack nor specify how the withdrawal was done, the company pledged to cover up the missing funds.

256 +

Binance Commits to Freezing Stolen Upbit Funds After $50M Hack

South Korean cryptocurrency exchange Upbit has reportedly been hacked for around $50M worth of Ethereum (ETH). Binance and other exchanges have stepped up to stop the assets from being sold off. It has been reported that Upbit, one of the leading South Korean exchanges, has suffered a serious hack.

314 +

Upbit Reports ‘Irregular Withdrawal’ of $51 Million in Ethereum

Upbit, one of the ‘big four’ South Korean crypto exchanges has reported an irregular 342,000 Ethereum (ETH) withdrawal from its wallet. While details remain sketchy as to the nature of the withdrawal, the platform says it will cover the amount from its corporate funds.

244 +

Korean Exchange Upbit Hacked for $50 Million

An official post from Upbit exchange revealed that 342,000 ETH (approximately $50 million) were drained from its hot wallet. A rogue transaction occurred on one of Upbit’s deposit addresses at 11 P.

225 +

Ethereum Whale Sends $35M Worth of Ether for Just $0.07

One major player in the cryptocurrency industry has just moved 257,491 ETH — valued at almost $35M at the time of writing. The total fee for the Ethereum transaction was just $0. 07. One Ethereum whale in the market seems to be consolidating its funds in a major move that set off alarm bells.

341 +

Hard Problems in Cryptocurrency: Five Years Later

Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.

1013 +

Tether Transfers Outpace Ethereum on its Own Network

The Ethereum network now carries more 2-3x more Tether in its ERC-20 form than the native ETH asset. The reason for this is record-high activity of the new type of stablecoin, as demand for arbitrage and the movement of funds continues to grow significantly.

240 +

Prominent investor believes Ethereum’s monetary policy is underrated

Ryan Sean Adams, a crypto investor at Mythos Capital, believes Ethereum has a significantly better monetary policy than Bitcoin. In his Bankless newsletter, Adams argued that Bitcoin’s fixed supply means there will be fewer funds to subsidize security, while Ethereum’s minimum necessary issuance (MNI) means greater network security.

210 +

Review of Gitcoin Quadratic Funding Round 3

Special thanks to the Gitcoin team and especially Frank Chen for working with me through these numbers The next round of Gitcoin Grants quadratic funding has just finished, and we the numbers for how much each project has received were just released.

863 +