Truth Behind Base Networks 25% Surge in TVL

Tech  Truth Behind Base Networks 25% Surge sa TVL  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  There have been reports recently claiming Base Networks total value locked (TVL) has surged by 25%. But is it actually the case?  The community has been attentive to the developments in the Coinbases Base Network. The Layer 2 solution has ambitions of onboarding the next billion users to the Web3 ecosystem.  Reason Behind Rapid Surge in Base TVL  The screenshot below shows that the Base TVL has increased by 24.73%, and it currently around $555 million. However, this picture doesnt tell the complete story.  Base TVL increased by 24.73%. Source: L2BEAT  After the launch of the mainnet on Aug. 9, the USDC stablecoin remained unavailable natively for users. The bridged version, USDbC, enabled the bridging of USDC stablecoin from the Ethereum network to the Base network.  Finally, on Sept. 5, Coinbase announced that natively minted USDC tokens would be available on the Base Network. Hence, the surge in the Base network TVL has been due to the re-minting of the native USDC stablecoin.  The TVL breakdown shows that there was a 467.42% increase in the natively minted tokens on the Base Network.  In fact, on Sept. 29, the TVL on the Base network dropped

2023-10-10Industriya

Tinututulan ng South Korean UPbit ang 1,800% surge sa mga pagtatangka sa pag-hack gamit ang AI-driven na mga hakbang sa seguridad

Tech  Tinututulan ng South Korean UPbit ang 1,800% surge sa mga pagtatangka sa pag-hack gamit ang AI-driven na mga hakbang sa seguridad  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  UPbit, a prominent South Korean cryptocurrency exchange, revealed it suffered 159,061 hacking attempts during the first half of this year, according to data shared by the firms operator, Dunamu, with South Korean politician Rep. Park Seong-jung.  The data paints a stark picture of growing risks as hacking attempts skyrocketed from 8,356 in the latter half of 2020 to more than 159,000 in the first half of this year. In practical terms, this equates to an alarming 1,800% surge in attacks on UPbit over the past three years.  Number of cyber infringement attempts targeting UPbit, data from Dunamu.  Source: Provided by Rep. Park Seong-jungs officetaonHacking Attempts2020 2h8,3562021 1h34,6872021 2h63,9122022 1h73,2492022 2h87,2422023 1h159,061  The increase in cyberattack attempts underscores the vulnerability of numerous cryptocurrency exchanges. Recently, the HTX exchange fell victim to a hack that resulted in a loss of approximately $8 million in Ethereum (ETH).  UPbit is one of the largest South Korean crypto platforms. In August, the platform accounted for around 6% of the total trading volumes across centralized exchanges, outtrading rivals like Coinbase and OKX.  UPbit enhances security

2023-10-10Industriya

Pinapalitan ng Ethereum Foundation ang Ether na nagkakahalaga ng $2.7 Million, bumaba ang ETH

Ethereum  Pinapalitan ng Ethereum Foundation ang Ether na nagkakahalaga ng $2.7 Million, bumaba ang ETH  1 hour ago  Balita ng Ethereum ng Bitcoin  The swap was done on Uniswap.  Ethereum (ETH) had dropped 1.64% at the time of writing to trade at $1,593.66.  Ethereum Foundations significant holdings of Ether influence market dynamics despite its decentralized nature.  The Ethereum Foundation, a key player in the development and ecosystem of the Ethereum network, sold a portion of its allocated Ether (ETH) tokens. A wallet identified as “0x9eE457023bB3De16D51A003a247BaEaD7fce313D,” labelled as a “Grant Provider” on blockchain tracker Etherscan, executed a swap of over 1,700 ETH for $2.7 million in USDC on the Uniswap decentralized exchange.  Market reaction and impact  The sale of ETH tokens by the Ethereum Foundation triggered a reaction in the cryptocurrency market.  Ethers price dipped by approximately 1.5% within a few hours, and over the subsequent 24-hour period, the drop extended to 1.8%. This event led to a temporary slump in the value of Ether and affected other major tokens as well.  Ethereum Foundations holdings  As of April 2022, the Ethereum Foundation held a substantial amount of ETH, valued at nearly $1.29 billion, representing roughly 0.297% of the total Ether supply at that time. Additionally, the foundation had approximately $300 million in non-crypto

2023-10-09Ethereum

Ang Ethereum ay higit na sentralisado kaysa sa napagtanto ng mga tao: Matt Cutler ng Blocknative

Ethereum  Ang Ethereum ay higit na sentralisado kaysa sa napagtanto ng mga tao: Matt Cutler ng Blocknative  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Blocknative discontinued its MEV-boost relayer service on Ethereum last week. While other relayers do remain, a large majority of Ethereum transactions are now handled by just four entities.  Relayers are responsible for bridging transactions between block builders and proposers. Without relayers, the network would face delays in transaction confirmations, reduced efficiency and potential bottlenecks, disrupting the smooth processing of transactions.  This development not only raises centralization concerns, but also underscores one of Ethereums central obstacles post-Merge: Relayers are providing costly services without compensation.  Blockworks: Some funding approaches would solicit community donations to reward relayers while keeping the service free. Why didnt you buy into these sorts of funding models?  Cutler: Were a US-based entity, and that means OFAC SDN is a fact of life for us. We work very hard to be ecosystem aligned, and there are a lot of hard line stances as it relates to OFAC SDN compliance. A number of the public goods funding approaches that were being discussed for relays explicitly carved out relays that were OFAC SDN compliant, and I had some in-depth conversations with [Ethereum Foundation]

2023-10-09Ethereum

Ang Internet Computer ay Trading -8.67% Mas Mababa sa Aming Prediction ng Presyo para sa Okt 14, 2023

Pananalapi  Ang Internet Computer ay Trading -8.67% Mas Mababa sa Aming Prediction ng Presyo para sa Okt 14, 2023  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bumaba ang Internet Computer -4.75% ngayon laban sa US Dollar  Bumaba ang ICP/BTC ng -3.20% ngayon  Bumaba ang ICP/ETH ng -2.59% ngayon  Ang Internet Computer ay kasalukuyang nangangalakal ng 8.67% mas mababa sa aming hula noong Okt 14, 2023  Bumaba ang Internet Computer -9.78% noong nakaraang buwan at bumaba -49.77% mula noong nakaraang taonPresyo ng Internet Computer$2.95Paghula sa Internet Computer$3.23DamdaminFear & Greed indexMga pangunahing antas ng suporta$3.06, $3.02, $2.99Mga pangunahing antas ng paglaban$3.13, $3.16, $3.20  Inaasahang tataas ang presyo ng ICP ng 9.50% sa susunod na 5 araw ayon sa aming hula sa presyo ng Internet Computer  ay nakikipagkalakalan sa $ 2.95 pagkatapos mawala ang -4.75% sa huling 24 na oras. Hindi maganda ang performance ng coin sa cryptocurrency market, dahil ang kabuuang crypto market cap ay bumaba ng -4.69% sa parehong yugto ng panahon. Mahina ang performance ng ICP laban sa BTC ngayon at nagtala ng -3.20% na pagkawala laban sa pinakamalaking cryptocurrency sa mundo.  Ayon sa aming hula sa presyo ng Internet Computer, inaasahang aabot ang ICP sa presyong $3.23 bago ang Okt 14, 2023. Ito ay kumakatawan sa 9.50% na

2023-10-09Industriya

Nawawala ng Ethereum ang Kritikal na Suporta At Maaaring Retarget Ang $1,570 Mababang

Cryptocurrency analysts of Coinidol.com report, the Ethereum (ETH) price, which experienced rejection at the high of $1,765, has fallen below the moving average lines.  Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish  Ether has returned to its previous price range of $1,600 to $1,740. If the bears break below the $1,600 support level, the market will fall and retest the previous low at either $1,570 or $1,532.  In the recent price action, the crucial support was violated three times as Ether found support above $1,500. Meanwhile, the altcoin is moving in the downtrend zone above the current support at $1,600.  Pagsusuri ng tagapagpahiwatig ng Ethereum  The bears have broken below the moving average lines while the price bars are entering the negative trend zone. The moving average lines have been trending down since the price decline on August 17. The descending moving average lines indicate a sideways trend. The oversold area of the market, which will attract new buyers, is getting closer as the downtrend continues.  Teknikal tagapagpahiwatig:  Mga antas ng pangunahing paglaban - $ 1,800 at $ 2,000   Mga pangunahing antas ng suporta - $ 1,600 at $ 1,400  Ano ang susunod para sa Ethereum?  The largest altcoin is aiming to fall back to its previous lows. A sideways

2023-10-09Ethereum

Nakikibaka ang Presyo ng Ethereum habang Nagpapatuloy ang Dominasyon ng Bears

Ethereum  Nakikibaka ang Presyo ng Ethereum habang Nagpapatuloy ang Dominasyon ng Bears  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price faced strong resistance at $1735 level and has been falling ever since.  If the price breaks above $1665 resistance level then it will likely test $1735 yet again.  The crypto market today continued its bearish phase. In recent days, the value of Bitcoin (BTC) has struggled to rise beyond the $28,000 mark, and on Monday morning, it was trading at about $27,769, down 0.69% in the last 24 hours. The selling pressure has resulted in significant losses for most altcoins as well.  A Safe multisig wallet with the address 0xbC9a9 sent 1,700 ETH to the Ethereum Foundation address recently, and the address swapped those tokens for almost 2.74 million USDC, according to on-chain statistics. A further 494k USDC were subsequently transferred from the multisig wallet to the Ethereum Foundation.  Moreover, as an after effect of PoS transition, the average transaction on the Ethereum network now costs just 7 gwei, or around $0.24, according to recent statistics. The current average cost of a transaction on the widely used NFT marketplace OpenSea is $0.94.  Lumalabas ang Bearish Sentiment  At the time of writing, ETH is trading at $1615, down

2023-10-09Ethereum

Ang tagapagtatag ng Cardano ay kinukutya ang mga claim ng Ethereum ni Vitalik Buterin

Ethereum  Ang tagapagtatag ng Cardano ay kinukutya ang mga claim ng Ethereum ni Vitalik Buterin  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Following Ethereum (ETH) co-founder Vitalik Buterins recent post on the benefits of staking and further network decentralization, Cardano (ADA) co-founder Charles Hoskinson poked fun at it amid accusations that Ethereum was copying Cardano.  Specifically, Hoskinson shared Buterins post and added an animated GIF of Muppet Kermit the Frog and actor Christian Bale nodding at one another, indicating he was mocking the statements presented in it, in a post on social media platform X nai-publish sa Oktubre 8.  Indeed, the Ethereum pioneer shared in his October 7 post the advantages of suggested changes in staking design for users who do not possess enough resources to stake on their own, giving them a more involved role in staking and consensus participation.  Critique or obsession?  Subsequently, a number of members of the Cardano community have inakusahan Ethereum of copying Cardano in the comments to the post, arguing that “Cardano pioneered liquid staking and delegating to pools for consensus years ago,” with “100% uptime, no messy hard forks, and is the most decentralized protocol as measured by block production/consensus.”  Replying to a comment about the perceived “obsession” with Ethereum,

2023-10-09Ethereum

Prosecutors Push to Omit Anthropic Reference in SBFs Fraud Trial

Tech  Itinulak ng mga Prosecutor na Alisin ang Anthropic Reference sa Fraud Trial ng SBF  56 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Federal prosecutors in the ongoing fraud trial of ex-FTX CEO Sam Bankman-Fried have requested that the judge exclude any discussion of Bankman-Frieds investment in Anthropic, an AI company.  This request comes in light of recent media reports about Anthropics fundraises from tech giants Google and Amazon, potentially benefiting victims of the FTX collapse.  Creditors Optimistic Over Anthropics Investment  Recent reports have indicated that Anthropic is set to receive billions in funding from Google shortly after announcing a similar investment from Amazon. The news has ignited optimism among creditors of FTX, as Sam Bankman-Fried was a notable investor in the company.  Creditors hope that Anthropic‘s newfound wealth, partly due to these investments, could aid FTX collapse victims’ financial recovery. However, while creditors celebrate this development, it has raised concerns in the courtroom.  According to a motion filed by Assistant U.S. Attorney Thane Rehn on Oct. 8, Sam Bankman-Fried has been barred from bringing up Anthropic during his ongoing fraud trial. Citing a prior ruling by Judge Lewis A. Kaplan, Rehn argued that such evidence would be “wholly irrelevant” to the case and could introduce “substantial danger

2023-10-09Industriya

Exxon Mobil, Lockheed Martin, Disney

Pananalapi  Exxon Mobil, Lockheed Martin, Disney  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023.  — Shares of the media giant rose more than 1% after The Wall Street Journal reported that activist investor Nelson Peltz‘s Trian Fund Management has hiked its stake and could seek multiple board seats, including for himself. Trian’s stake is now worth north of $2.5 billion after it added more than 30 million shares from just 6.4 million at the end of June, the Journal reported. Trian declined to comment.  Arm Holdings — Shares of the chipmaker climbed nearly 3% after JPMorgan initiated coverage with an overweight rating and lauded the companys potential expansion into autos.  — The music streaming platform fell 2% after Redburn Atlantic downgraded shares to neutral from buy. The firm cited factors including gross margin dilution from the companys recent decision to include audiobooks in its premium subscription package.  — The stock edged higher after Barclays upgraded the cloud security company to overweight rating. Analyst Saket Kalia cited a new growth opportunity in an emerging segment as a reason for the upgrade.  — Shares added about 1% after Evercore ISI upgraded Oracle to outperform

2023-10-09Industriya
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