The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.
‘High’ Severity Bug in Bitcoin Software Revealed 2 Years After Fix
A previously undisclosed bug in Bitcoin Core could have let attackers steal funds, delay transfers or split the network had it not been patched in 2018.
Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure
As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention.
Fishy Business: What Happened to $1.2B DeFi Protocol SushiSwap Over the Weekend
SushiSwap experienced a tumultuous weekend after its founder sold $13 million’ worth of his stake in the project before turning the reigns over to investor and FTX CEO Sam Bankman-Fried.
Buterin, Ethereum Developers Focus on Congestion as Fees Spike Over 600% in One Month
Median fees have spiked nearly 900% in the since Aug. 2
New Crypto Derivatives Let You Bet on (or Against) Tether’s Solvency
Credit default swaps (of “The Big Short” infamy) have come to the Ethereum blockchain. Opium Exchange says they can help crypto investors manage risk.
Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
Average Ethereum transaction fees reached $10.33 on Tuesday.
Chainlink Acquires Blockchain Oracle Solution From Cornell University
Chainlink has acquired privacy-focused oracle solution DECO from Cornell University. The data feed system is also drafting a second white paper for the project.
‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
Buggy Code Release Knocks 13% of Ethereum Nodes Offline
Over 1,000 Ethereum nodes will have to resync or find a new client provider after a critical bug in OpenEthereum’s codebase was revealed.
Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept
The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.
BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.
High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network
Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.
Chainlink to Provide Data for Farming Insurance Startup Arbol
Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events.
Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2
Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.
How DeFi ‘Degens’ Are Gaming Ethereum’s Money Legos
From first heartbeat to last breath, YAM lasted less than 48 hours. But those are the rules of DeFi’s newest toy: “minimally viable monetary experiments.”
DeFi Meme Coin YAM Succumbs to Fatal ‘Rebase’ Bug
DeFi meme coin ‘YAM’ has lost control of its on-chain governance feature following a reported bug.
Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M
YAM, DeFi’s latest farm-fresh product, has never been audited. Yet, that’s not holding back traders from pumping the token’s price to a high of $138 since it launched Tuesday.
How Much Ether Is Out There? Ethereum Developers Create New Scripts for Self-Verification
Ethereum and Bitcoin advocates have engaged in spirited exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether?
Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications.