
Cork Protocol Suffers Major Exploit as $12M in Wrapped ETH Disappears
TL;DR Cork Protocol, a DeFi platform for trading risks related to pegged assets, was hit by an exploit that led to the theft of 3,762 wstETH,
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Cork Protocol, a DeFi platform for trading risks related to pegged assets, was hit by an exploit that led to the theft of 3,762 wstETH,
TL;DR Ethereum as Treasury: SharpLink Gaming shifts its treasury strategy by converting reserves to Ethereum, fueling a bold move towards digital assets. Market Reaction: The announcement
TL;DR Ethereum jumped 5.4% in under 24 hours, climbing from $2,513 to $2,678, with trading volume exceeding 550,000 ETH, breaking through key levels. The price established
TL;DR Validator Backing: Over 150,000 validators (around 15% of the network) are endorsing a move to raise Ethereum’s gas limit from 36 million to 60 million,
TL;DR Tariff Delay Eases Trade Uncertainty: President Trump postponed the long-anticipated 50% EU tariffs from June 1 to July 9, reducing macroeconomic pressure and boosting crypto
TL;DR Vitalik Buterin claims that decentralized networks like Ethereum could replace cash in emergency situations, as long as they are private and resilient enough. Sweden and
TL;DR U.S. Bitcoin and Ethereum ETFs recorded a combined net inflow of $1.05 billion on Thursday, the highest daily figure since January. BlackRock’s IBIT ETF led
TL;DR Ethereum surpassed $2700, bringing much of the market back into profit and encouraging new retail buying. Selling pressure is concentrated between $2400 and $2900, with
TL;DR Jeffrey Wilcke, one of Ethereum’s co-founders, transferred 105,736 ETH (approximately $262 million) to Kraken, raising fears of a possible massive sell-off. Despite the move, Ethereum
TL;DR Société Générale will launch the first dollar stablecoin issued by a bank on a public blockchain, starting with Ethereum. The asset will target institutional investors
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