The exploiter will retain 20% of the stolen funds as a bug bounty.
ArkotNews
Ether Price Swings Upward After Ethereum Upgrade, but What About the Future?
The price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.
Crypto Derivatives Exchange DYdX Ices Canadian Market
Existing Canadian users will be able to trade on the exchange until April 14.
USDC Boasted Transparency but It Didn't Help When Silicon Valley Bank Got Into Trouble
The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types
Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,†and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.
Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'
Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.Â
If Crypto OGs Are Being Hacked, Where Does That Leave the Rest of Us?
Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.