MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot
An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users’ wallets. Go to Source Powered by WPeMatico
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Fork, yeah! Cardano Vasil upgrade goes live
Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality in September. Go to Source Powered by WPeMatico
Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract. Go to Source Powered by WPeMatico
OpenSea to allow creators to host token sales directly through its homepage
The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more. Go to Source Powered by WPeMatico
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will now “list and merge all its digital use-cases and platforms into the new … Read more
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various technologies and evaluate the potential impact on … Read more
Norwegian central bank uses Ethereum to build national digital currency
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated. Go to Source Powered by WPeMatico
Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22
While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet … Read more
Blockchain firms fund university research hubs to advance growth
Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. Go to Source Powered by WPeMatico
Amid Ethereum’s Merge, Cardano Founder Charles Hoskinson Says ADA’s Vasil Fork Is Coming Soon
Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime in September.” The crypto asset’s upgrade has been overshadowed by the upcoming Ethereum upgrade called The Merge. Vasil Hard Fork Due ‘Sometime in September,’ Input-Output Global’s Charles Hoskinson Says The proof-of-stake (PoS) blockchain … Read more