ERC-2771 integration introduces address spoofing vulnerability — OpenZeppelin

Soon after Thirdweb revealed a security vulnerability that could impact a variety of common smart contracts used across the Web3 ecosystem, OpenZeppelin identified two specific standards as the root cause of the threat. On Dec. 4, Thirdweb reported a vulnerability in a commonly used open-source library, which could impact pre-built contracts, including DropERC20, ERC-721, ERC-1155 (all versions) and AirdropERC20. IMPORTANT On November 20th, 2023 6pm PST, we became aware of a security vulnerability in a commonly used open-source library in the web3 industry. This impacts a variety of smart contracts…

Shiba Inu and Dogecoin face competition from new crypto

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu may fall below $0.0000075.  Dogecoin consolidates but remains below $0.090.  Rebel Satoshi presale in progress Shiba Inu (SHIB) and Dogecoin (DOGE) have lagged in the recent crypto rally. In contrast, Rebel Satoshi (RBLZ) is being considered by investors.  Shiba Inu trades at support; Shibarium growing SHIB recently rose to $0.0000095 on Nov. 11 before correcting. By Dec. 1, SHIB had declined by 12.6% to $0.0000083. Even so,…

Investment firm floats yield-bearing ETF based on MicroStrategy stock

A specialized exchange-traded fund (ETF) firm called YieldMax has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy. According to a Dec. 7 filing with the United States SEC, YieldMax has officially applied to launch its Option Income Strategy ETF based on shares in MicroStrategy, slated for release sometime in 2024. If approved by the SEC, the ETF will trade under the ticker “MSTY” — just one letter off MicroStrategy’s pre-existing ticker “MSTR.” Yieldmax’s filing with the SEC for its leveraged…

Matrixport Had Predicted Bitcoin (BTC) Prices Could Hit $45K By 2023-End, The Prediction May Soon Come True

“The 2023 bitcoin rally unfolded in five phases: starting with a reaction to inflation trends, followed by a banking crisis response, a surge due to BlackRock’s ETF filing, a boost from Federal Reserve policy shifts, and finally, developments in SEC regulations regarding bitcoin ETFs, “Markus Thielen, Matrixport’s head of research, wrote in a new report. Source

El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others

El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT) investment in the country. The Central American country’s price tag for citizenship, however, appears far more expensive than those in neighboring Caribbean countries — which start at $100,000. El Salvador’s government and stablecoin issuer Tether announced the program on Dec. 7, dubbed the “Adopting El Salvador Freedom Visa Program.” It offers 1,000 citizenships to wealthy investors who pledge…

TON plunges 5% amid reports of network outages

As per multiple reports, the TON ecosystem has been struggling to process transactions for a few days now. The TON (TON) ecosystem is seemingly experiencing severe outages as the network’s users and projects took to X to express their concerns about the network’s malfunction. While the root cause of the issue remains unclear, some say the volume and transactions on the network jumped significantly recently, which might have resulted in multiple outages. Crypto.news couldn’t immediately verify those reports. An X account for the TonRaffles crypto project confirmed the incident, without…

Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck

Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts. On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and emerging dominant crypto platforms. VanEck 15 Crypto Predictions for 2024 Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow…

BLUR Is Down 30%, And Whales Are To Blame-Here’s Why

Blur, a decentralized non-fungible token (NFT) marketplace, and OpenSea competitor is under pressure, tumbling by over 30% from its November peaks. While BLUR retreats, on-chain data reveals that BLUR whales have been moving their tokens to leading crypto exchanges, possibly to liquidate. Whales On A Possible Selling Spree According to Lookonchain data on December 7, several whales have been offloading large amounts of BLUR. To illustrate, 16.85 million BLUR, worth roughly $8.43 million, were deposited to exchanges in the past 24 hours.  Notably, one whale deposited 2.54 million BLUR, worth $1.26 million,…