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Against the backdrop of the price of bitcoin dropping from $30,249 on June 9 to $20,722 by Monday afternoon, the responses about how workers were paid may indicate that crypto workers can tolerate price volatility, even in their pay. Nearly a quarter of respondents, or 23%, had the choice of
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It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal. Original Source
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Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism.Optimism is an open-source Layer 2 scaling solution for Ethereum that focuses on speed and efficient transactions across the network. It has caught the eyes of many
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Optimism token was attacked earlier this week after the team announced that 20 million OP tokens were stolen. On Friday, the attacker behind the theft returned 17 million tokens. For returning the tokens, the attacker was rewarded with 2 million of the tokens. The funds were returned over the course of 17 transactions to
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The honeymoon period of the newly launched Optimism layer-2 scaling solution has been cut short after the market maker’s smart contract address was exploited. This exploitation has led to the loss of 20 million OP tokens. Although the exploit happened on May 26, it was only reported to the community recently. One
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Ethereum is plagued with criticisms of its less than optimal scaling capabilities and high gas prices. There have been talks about increasing the scaling capacity of the Ethereum mainnet for a while now. However, the Ethereum ecosystem needs a solution for scaling right now, and if Ethereum is not able to
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Previously, the attacker cashed out 1 million OP and sent an additional 1 million to Buterin, who is working to return the funds according to Optimism. At press time, 1 million tokens, worth close to $900,000, remained in the attacker’s wallet, blockchain data shows. Original Source
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The inventor of Ethereum Vitalik Buterin was the unintended recipient of 1 million OP tokens from this network’s scalability solution Optimism. The team behind this project addressed concerns about a potential exploit related to the launch of their governance token. Related Reading | TA: Bitcoin Stuck In Key Range, Why A Major
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An opportunity for attack came when Wintermute gave the wrong wallet address to Optimism. The money was supposed to be held in a multi-signature wallet belonging to the Wintermute team, but the address provided by Wintermute was for a wallet on Ethereum, whereas it should have been an address on
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Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees. Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on
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