Day: September 23, 2021

SushiSwap denies reports of billion-dollar bug

One of the developers behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts. According to media reports, the hacker claimed to have identified a vulnerability that could place more than $1 billion worth of user funds under threat, stating they went public with the information after attempts to reach out to SushiSwap’s developers resulted in inaction. The hacker claims to have identified a “vulnerability within the emergencyWithdraw function in two of SushiSwap’s contracts, MasterChefV2 and MiniChefV2” — contracts that…

SushiSwap denies reports of billion dollar bug

The developer behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts. According to media reports, the hacker claimed to have identified a vulnerability that could place more than $1 billion worth of user funds under threats, stating they went public with the information after attempts to reach out to SushiSwap’s developers resulted in inaction. The hacker claims to have identified a “vulnerability within the emergencyWithdraw function in two of SushiSwap’s contracts, MasterChefV2 and MiniChefV2” — contracts that govern the…

Bitcoin.org goes offline after suffering scam attack

Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing.  Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up a scam notice on the site. “Looks like Bitcoin.org got hacked and the entire site replaced with a scam asking for free Bitcoin. Do not send funds to that address,” Bitcoin developer Matt Corallo reported on Twitter. Following a query from Corallo, Namecheap temporarily disabled the website. According to Cobra,…

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TR Labs to Launch NFTs Inspired by Kai-Fu Lee and Chen Qiufan’s book ‘AI 2041′

Non-fungible tokens art inspired by Kai-Fu Lee and Chen Qiufan’s new book AI 2041: Ten Visions For Our Future will be released by NFT platform TR Labs, said a TR Labs statement shared with CoinDesk. The collaboration is “one of the first cross-medium projects between authors and artists representing two promising emerging technologies: AI and blockchain,” the statement said. Founded by former Christie’s Deputy Chairwoman Xin Li-Cohen, TR Labs is an NFT platform for fine art. In August, it auctioned an original artwork by renowned Chinese artist Cai Guo-Qiang for…

Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL – Defi Bitcoin News

The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana. Solana’s Orca Gets an $18 Million Capital Raise On Wednesday, the Solana-based decentralized finance (defi) service Orca revealed the team has raised $18 million in a Series A funding round. The investment, Orca says, will “jumpstart our path toward making Orca the go-to swap…

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Bitcoin Oversold at Support, Resistance at $47K

Bitcoin (BTC) is holding support at above $40,000, which could stabilize the pullback and encourage short-term buyers to return. But upside appears to be limited, given strong resistance at around $47,000-$50,000. The cryptocurrency was trading at about $42,000 at press time and is down 2% over the past 24 hours. The relative strength index (RSI) on the daily chart is the most oversold since July 20, which preceded a nearly 60% short-squeeze rally from the $30,000 support level. On the weekly chart, however, the RSI is…

Dogecoin more popular than ever … even as TXs hit lowest level since 2017

The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they’ve been since 2017. Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a new crypto wallet feature on its app next month supporting DOGE deposits and withdrawals.The memecoin’s co-creator Billy Markus (who no longer works on the project) stated via Twitter earlier today: “Okay we are allowed to overreact now Robinhood wallets is huge news for Dogecoin – it opens up so many users…

Ethereum Reclaims $3K, Why ETH Could Rally To $3,400

Ethereum started a decent recovery and climbed above $3,000 against the US Dollar. ETH price could accelerate higher if it clears the $3,200 resistance zone. Ethereum started a decent upward move above the $3,000 and $3,050 levels. The price is now trading above $3,000 and near the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears $3,135 and $3,200 in the…