WETH – DIGIT INFO

EigenLayer TVL hits $12.9B, climbs 11% in one week: ITB

DIGIT — Thu, 15 Aug 2024 10:46:10 +0000

EigenLayer leads the restaking sector with a $12.9B TVL, driven by AVS rewards and growing interest in Ethereum-based restaking.

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Sophon ZKSync hyperchain raises $60M in node sale

DIGIT — Wed, 08 May 2024 13:29:52 +0000

The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.

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NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases

DIGIT — Sun, 09 Apr 2023 08:19:58 +0000

Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT Market Protocol Looksrare Launches v2 NFT marketplace Looksrare announced the launch of version […]

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Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

DIGIT — Tue, 04 Apr 2023 16:00:14 +0000

On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped ether and 64 wrapped bitcoin. While the Mechanisms Behind […]

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Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

DIGIT — Mon, 03 Apr 2023 18:15:05 +0000

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in […]

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FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

DIGIT — Sat, 04 Mar 2023 01:04:56 +0000

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

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What is wrapped Ethereum (wETH) and how does it work?

DIGIT — Sat, 01 Oct 2022 12:19:56 +0000

wETH is the ERC-20 compatible and tradable version of ETH and can be used to interact with other ERC-20 assets.

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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

DIGIT — Thu, 03 Feb 2022 23:19:41 +0000

On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, […]

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Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole

DIGIT — Thu, 03 Feb 2022 14:51:11 +0000

The bearish continuation setup could push Solana price dropping to nearly $50 in the sessions ahead.

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Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

DIGIT — Wed, 02 Feb 2022 23:30:43 +0000

Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network is “down for maintenance,” as the team “looks into a potential exploit.” Wormhole […]

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