blockchain
Two bugs in a fork of the Gains Network leveraged trading protocol could have allowed traders to profit 900% on every trade, regardless of the token's price, according to a report from blockchain security firm Zellic. One bug was patched in a previous version of Gains, while the
base
Coinbase is preparing for a future where billions of customers can safely use decentralized applications on millions of blockchains. They are integrating the Ethereum Virtual Machine (EVM) and Circle's USD Coin (USDC) into their system. Coinbase's head of tokenization, Anthony Bassili, spoke at TokenizeThis 2024 in
blockchain
The experimental cryptocurrency Ore has won $50,000 in a hackathon supported by the Solana Foundation. However, Ore's impact on the Solana blockchain has been disruptive, as mining the currency caused network congestion and transaction failures. Ore is based on the proof-of-work mechanism used by Bitcoin but operates
blockchain
The Starknet Foundation has launched a new grant program worth $5 million in USDC to support emerging projects on the network. The Seed Grants Program aims to assist 200 promising teams with $25,000 in USDC each, providing a final push for projects to launch on Starknet, an Ethereum layer-2
airdrop
Mode, a Layer 2 network developed on the OP Stack, is launching an airdrop of its governance token. The airdrop will distribute 550 million Mode tokens, representing 5.5% of the total supply. The distribution will be based on users' Mode points, which were initially allocated during the "
approval
Crypto wallet developer Exodus Movement has received approval to list its common stock, with ticker EXOD, on the NYSE American. Trading will begin on May 9. The move is expected to increase the company's presence within the investor community and enhance liquidity. Previously listed on the OTCQX market,
bitcoin
The Bitcoin network has achieved a significant milestone by processing its one billionth transaction. This achievement comes 15 years and 4 months after the mining of Bitcoin's genesis block in January 2009. With an average rate of 178,475 transactions per day over its lifespan, Bitcoin has demonstrated
bitcoin
A dormant Bitcoin address that dates back to the time when Satoshi Nakamoto was active has recently become active again after 10 years. The wallet contained 687 BTC, which is equivalent to $43.9 million, and it transferred its holdings to two different wallets on May 6. The movement of
bitcoin
An inactive bitcoin wallet that hadn't been used for over a decade transferred its entire stack of 687.33 BTC, worth over $44 million, early this morning. The wallet originally received the bitcoins in 2014 when the price of one bitcoin was $917. The reason for the transfer
bitcoin
Analysts at Bernstein have reiterated their prediction that the price of bitcoin will reach $150,000 by the end of 2025. They believe that despite a recent pullback in price, bitcoin is still in the early stages of a healthy cycle. The analysts point to several positive indicators, including the