Optimism’s mysterious hacker is at it again.  Ethereum layer-2 scaling solution Optimism revealed yesterday that a hacker made away with 20 million Optimism (OP) tokens after token launch partner Wintermute accidentally transferred the tokens to the wrong account. Now, the hacker has made their next move, sending one million of the stolen OP tokens to Ethereum co-founder Vitalik Buterin’s wallet.  OP tokens are the native tokens of Optimism’s new DAO, the Optimism Collective DAO…. Source link

Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.  The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not expected until later in the year. Ethereum developer Parithosh Jayanthi also noted that some bugs on the PoS implementation emerged, but those should be fixed over the… Source link

Monero just announced the launch of its tail emission upgrade which is one of its latest and greatest milestones. Here’s what you need to know about the upgrade, its impact on Monero and whether it will impact XMR’s price action. The tail emission upgrade can best be described as a perpetual incentive designed to incentivize mining. The upgrade will provide a 0.6 XMR reward for every block created in the network. However, the most notable thing about the reward is that it… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Text size Bitcoin prices have been trading around $30,000. Rutmer Visser/Dreamstime Bitcoin and other… Source link

“For one-to-one and multi-swap trades, Bebop utilizes an RFQ model for its exchange, where professional market makers provide top-quality liquidity to the protocol,” explained Bebop product manager Kat Fore. “For users, this means protection from unexpected slippage – they always transact at the price quoted.” Source link

So, everyone knows that the crypto market took a ginormous $2 trillion loss last month following the collapse of Terra/Luna cryptocurrency. For a while, things in the crypto market looked genuinely shaky, with many wondering if the whole cryptocurrency world was crashing down into an ignominious end. For sure, some people have taken heavy losses and, while that is unfortunate, crypto is still very much here and going strong. In fact, some coins are not just holding value but look set to… Source link

On the verge of June 8 and 9, Monero (XMR) announced the launch of the much anticipated community-driven “tail emission” update. First of all, let’s define the terminology. Tail emission is a mechanism for continuously paying rewards for computing blocks, even after the last Monero (XMR) is created. Miners will always be paid for mining XMR, and they will never have to rely solely on commissions. It’s finally here! 🎉 The Monero #TailEmission starts today! After ~9p ET (~1 UTC), Source link

Litecoin is a form of cryptocurrency and it has been around a decade ago that has emerged as many alternatives like bitcoin. Just as you consider Bitcoin as a secure payment form, Litecoin is also completely secure for payment. However, some users and investors keep it in their portfolio because they believe that it can prove to be an investment. Many people have tried to invest to take advantage of the popularity of cryptocurrencies, including Litecoin however, they should read articles… Source link