Everyone is talking about a potential second coin. I thought the difficulty bomb made the POW chain all but useless. What am I missing here? submitted by /u/AffectionateCable339 [link] [comments]
Wrapped Ether (Candle) $WETH is live on Nomics with a price of $905.72, and volume of $43,025.81 u/candle_labs #candle_labs #CNDL u/candle_labs submitted by /u/alancandle [link] [comments]
submitted by /u/HeirOfRhoads [link] [comments]
We’re on the heels of cross-chain bridge Nomad suffering a demolishing hack earlier in the week, and now hackers are doubling down with an attack on Solana hot wallets mid-way through the week. On Tuesday afternoon, reports emerged of some sort of vulnerability that was taking advantage of Solana-based wallets. Approaching 24 hours later, there are still quite a bit of unknowns, and we’re approaching nearly $5M of hacked funds. Let’s take a look at what we do know so far. A Solana Scare Nearly 10,000 wallets across mobile users utilizing both Slope and Phantom (two of the leading Solana wallets) fell victim to this week’s hack in what is seemingly a result of poor user privacy management. While reputable users in crypto Twitter are still working on a post-mortem, a Dune Analytics dashboard created by @tristan0x shows a visual of how quickly things developed; while activity on Wednesday has been at a standstill, there is still cloudy forecasts around whether or not this vulnerability is still active. General crypto Twitter consensus thus far has pointed towards Slope as being the domino to fall here; the platform’s latest correspondence on Twitter, from Tuesday, states that they are “actively working to sort out the issue as rapidly as possible and rectify best we can.” On Wednesday, Slope released a message to users that was reposted by reputable crypto Twitter user foobar: Statement from the Slope team pic.twitter.com/uOEdO25x8c — foobar (@0xfoobar) August 3, 2022 Despite abundant question marks around Solana security, the price of the SOL token has remained surprisingly strong. | Source: SOL-USD on TradingView.com Related Reading | Why The Crypto Fear & Greed Index Points To Sustainable Recovery Crypto Vulnerabilities Run Rampant So how did it all happen? Post-mortems from independent sleuths and other reputable sources in the space have yet to be released, but speculation has largely landed on some variation of a ‘software supply chain attack’ being the likely downfall here. This is where attackers search far and wide for security vulnerabilities across network protocols, server infrastructure, and platform coding practices to take advantage of potential holes. In this case, the root issue seems to lie within Slope and some have even speculated that it could be a malicious insider at Slope taking advantage of the platform’s practices. As foobar notes in the Twitter thread above, “compromised Phantom wallets came from seed phrase imports used in Slope.” If you or someone you know is concerned about the safety of their funds on a Solana-based wallet, move funds to a hardware wallet where the seed phrase key has not been typed or inputted digitally on any device. Until a post-mortem from Slope and other reputable resources in the community emerges, there will be a variety of assumptions around these circumstances – so stay tuned and stay secure. Related Reading | TA: AVAX Struggles To Hold Above Resistance As It Eyes $40 Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.”
For a scientific project I am looking for Blockchain data like Hashrate, Gas used etc. I found some websites which showcase graphs of it, but they don´t give away the raw data behind it. If anyone knows where I could get this data I would be very thankful 🙂 submitted by /u/jv_sv [link]…
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HUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM Welcome to GiraffeERC! Giraffe is a stealth launched cryptocurrency on the ethereum network. Liquidity will be locked for 14 days at launch. Liquidity will be extended as needed. Giraffe will focus on their early gaming website and develop a more advanced P2E version in the future. Huge upside Potential for this. What are $HUMs?…
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CateCoin (CATE) is doing the cat walk as it skyrockets by over 250% amid the crypto market’s bizarre movement. The slow yet steady gains of CATE shows how low market cap coins can advance and give decent rewards. CATE Pumps Up Price by 16.63% According to CoinMarketCap, CATE meme coin is rising steadily as it pumps the price by 16.63% or 0.000001057. More so, CATE has spiked in price triggered by the increase in trading activity and hype coming from social media. Judging by the current technical analysis on the weekly price charts, CATE is soaring as it consistently edges through the third straight green candle. CATE has recently been able to outrank the $0.000000714 and $0.000000779 resistance zones which have been turned into a support zone. Accordingly, CATE was able to breach the $0.00000103 resistance level for a bit there but has now retraced. No doubt, CateCoin is extremely bullish especially as it racked up in terms of volume. CATE is also shaping up into a classic bull flag pattern with the potential of breaking out seen on the upside. If CATE can keep this price momentum going, then it can revisit $0.000001. Another scenario is if CATE switches into bearish mode and lose its bull flag precipitating a bearish reversal momentum. CATE coin is performing way better than other crypto as it was able to bounce from the support zone as shown with its correction on the 0.236 Fibonacci level. If CATE can maintain its traction, its price can shoot up to over $0.0000013 at the end of this year. However, all of these will depend on Bitcoin’s performance because the king of crypto influences how the other meme coins perform and behave in the market. CATE Consistent Traction May Push Price Higher According to CoinMarketCap, CATE has a very low market capital of $29 million. With that being said, increased and consistent traction will lead to a pump in value to as much as 10x to 20x for CateCoin. In a space dominated by dog meme coins, CATE is the first-of-its-kind meme coin that enables meme creators to create and earn from NFTs. Right now, CateCoin is depicted as one of the most powerful meme coins in the market. CATE has so much to offer that encompasses the value of other meme coins. cate offers NFTs, gaming, mobile wallet, and Dapps. More so, one of the selling points of CATE is that long-term investors can easily generate up to 15% APY when they stake and 2% of the transaction fees are dispersed to investors. Crypto total market cap at $1.06 trillion on the daily chart | Source: TradingView.com Featured image from Zee News, chart from TradingView.com
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