Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH RecoveredAccording to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex […]

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Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average […]

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Metamask Launches Ethereum Staking Services via Lido and Rocketpool

On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s […]

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French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in USA member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner Swap for Americans in […]

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Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments

Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon PaymentsBitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments. Bitpay Reveals Polygon […]

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L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack MigrationThe layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the […]

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L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31

L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says […]

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Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team SaysCurrent regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law […]

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Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any Blockchain

Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any BlockchainThe Defi revolution has brought about a new world of opportunities for crypto investors, but major improvements are still needed in the current ecosystem. For example, the most popular coin swapping service today is dependent on ethererum and its ridiculously high gas prices. Nimera Swap offers a solution to this problem with a DeFi exchange […]

The post Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any Blockchain appeared first on Bitcoin News.

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