Curve Finance pools exploited by over $47M due to reentrancy vulnerability

Curve Finance Hacks

Curve Finance, a prominent decentralized finance (DeFi) protocol, suffered a devastating blow due to a reentrancy vulnerability attack, leading to losses surpassing $47 million. The exploit, which occurred on July 30, targeted several stable pools on Curve Finance that were employing the Vyper programming language. The vulnerability impacted 0.2.15, 0.2.16, and 0.3.0 versions of Vyper, … Read more

Singapore High Court on Cryptocurrency | Realizes Crypto as Personal Property

Singapore

In a landmark ruling on July 25, 2023, the High Court of Singapore declared cryptocurrency as personal property in a case involving Bybit and a former employee. This is a significant development for the cryptocurrency industry, as it provides legal certainty for holders of digital assets and could help to boost adoption in the country. … Read more

Japan Embraces Crypto | Prime Minister Fumio Kishida Keynote and Binance’s Expansion

Japan Embraces Crypto

In a significant move towards embracing the crypto revolution, Japanese Prime Minister Fumio Kishida has reaffirmed Japan’s commitment to fostering the Web3 industry, recognizing its transformative potential for the internet and society at large. His keynote address at the WebX conference in Tokyo on 25th July served as a testament to Japan’s growing interest in … Read more

Vitalik Buterin on Worldcoin Protocol Launch on Optimism Mainnet

Vitalik Buterin on worldcoin

What do I think about biometric proof of personhood?https://t.co/yozo1buW24 — vitalik.eth (@VitalikButerin) July 24, 2023 In a recent blog post, Vitalik Buterin, the co-founder of Ethereum, expressed his thoughts on Worldcoin’s innovative “digital passport” project. While he acknowledges the potential value of an effective proof-of-personhood system, he raises significant concerns about privacy, accessibility, centralization, and … Read more

Worldcoin Token Launch | Sam Altman’s Worldcoin WLD Token Launched on Optimism Mainnet

Worldcoin Token Launch

Worldcoin’s WLD Token has been launched on Optimism Mainnet on 24th July. Major cryptocurrency exchanges like Binance, Bybit, Okx , Huobi and others have jumped on to list the WLD token. WLD token currently trades at around $2.6, making fully dilluted market cap of the token to $26 billion. In this article we will explore … Read more

Vitalik Buterin not comfortable in staking his entire ETH

VB

Ethereum co-founder, Vitalik Buterin, recently shared valuable insights into his decision to stake only a small portion of his Ether (ETH) holdings. In an episode of the Bankless podcast on June 29, Buterin highlighted the challenges associated with multisignature (multisig) wallets, which contribute to his cautious approach to staking. “Because if you stake your ETH, … Read more