Wednesday, March 29, 2023

Ethereum News

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Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

John Kamal - 0
On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.
Other

Unofficial Trading of Arbitrum Coin Surfaces on OTC Market Before Airdrop Event

John Kamal - 0
The Arbitrum token has surfaced on the over-the-counter (OTC) market ahead of its scheduled airdrop. Opportunistic traders are already taking advantage of the token's premature arrival by conducting transactions on OTC platforms.

Microsoft Crypto Wallet Integration in Edge Web Browser Being Tested

Ethereum’s Shanghai Hard Fork Date Confirmed for Staked ETH Withdrawals

Coinbase ETH Unstaking: What You Need to Know

Proof-of-Stake Tokens May Be Considered Securities, Says SEC Chairman Gensler

NFT's

Eth 2.0

On September 6th, Ethereum will begin its long-awaited transition to proof-of-stake

Ethereum John Kamal - 0
The Ethereum Foundation has announced that the Merge will begin on September 6th. First, the Bellatrix upgrade will be activated on September 6th, which will kick-start the rest of the Merge process, which is expected to be completed by September 20th. A major liquidation could be on the horizon for the NFT market. Thousands of holders of NFTs are taking out ETH loans using BendDAO's web3 lending protocol. A BAYC whale (Bored Ape Yacht Club) borrowed over 10,000 ETH from the platform, escalating liquidation fears.
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3AC’s Uncertainty Leads Finblox to Impose Withdrawal Limit While BlockFi Liquidates ‘Large Client’

Other John Kamal - 0
Amid the Three Arrows Capital's (3AC's) crisis, Finblox announced Thursday it would impose a $1,500 monthly withdrawal limit and pause reward distribution. It comes after a report on Wednesday that 3AC could be insolvent following liquidations worth $400 million.
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Is the Staked Ether (stETH) depegging a cause for concern?

Eth 2.0 John Kamal - 0
With holders selling their now depegged stETH and the date of the ETH 2.0 Merge mired in uncertainty, there is now heavy selling pressure on stETH.
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Do Kwon Arrested in Montenegro Amidst Ongoing Investigations; Terra’s LUNA Tokens Suffer Decline

Luna 0
Do Kwon, the former CEO of Terraform Labs and co-founder of the Terra blockchain ecosystem, has been arrested in Montenegro, according to a series of tweets by the country's Minister of Interior, Filip Adzic. Do Kwon's arrest has sent shockwaves through the crypto community, leading to a significant drop in the value of Terra's native LUNA tokens.

Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

Other 0
On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.

Unofficial Trading of Arbitrum Coin Surfaces on OTC Market Before Airdrop Event

Other 0
The Arbitrum token has surfaced on the over-the-counter (OTC) market ahead of its scheduled airdrop. Opportunistic traders are already taking advantage of the token's premature arrival by conducting transactions on OTC platforms.

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