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On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed an attacker to
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The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO).In an official medium post published on Friday, the Bunny Finance team announced that the exploit on Qubit that resulted in $80 million worth of loss has made it
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A bug on the non-fungible tokens (NFT) marketplace OpenSea has allowed an attacker to get away with massive discounts on several NFTs and make huge profit.The bug, which was discovered as early as Dec. 31, 2021, allowed the attacker to buy NFTs at older, lower prices, and sell them for
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MarketsCardano’s rally was fueled by traders regaining confidence in the protocol, and the HKMA taking a more gentle approach to retail crypto. By Sam ReynoldsJan 13, 2022 at 7:52 a.m. UTCUpdated Jan 13, 2022 at 7:52 a.m. UTCcharles hoskinson (CoinDesk archive) Original Source
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Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin
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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the calendar year comes to an end, Cardano’s personable leader Charles Hoskinson shares a message of optimism, unity and collaboration for the future of crypto.As a gesture of goodwill for the holiday season, this week our long-form DeFi newsletter will
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Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon, the “critical” vulnerability in the network’s Proof-of-Stake (PoS) Genesis contract was first highlighted by two whitehat hackers
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I’m a financial advisor, and my clients own bitcoin. A few of them remind me frequently about bitcoin’s price volatility, which they consider to be a problem.I used to think that, too, but I was wrong. Bitcoin’s price volatility isn’t a bug – it’s a feature, and one that’s ultimately
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As you might have read in our latest article, we’re fierce on safety. As blockchain’s first OS, we need to constantly prioritize the security of our code. That’s why we teamed up with Immunefi, DeFi’s leading bug bounty platform. What exactly is a Bug Bounty? A bug bounty is a financial incentive
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White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network.In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports in decentralized finance projects, Polygon network’s Plasma Bridge was at risk of
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