Ethereum

Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security firm CertiK. The attacker used a “read-only reentrancy attack” to drain the funds, which is a type of attack that interrupts a multi-step process and then causes it to continue after

The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each. In addition to Connext, decentralized finance (DeFi) platform

The latest version of Web3 social layer Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for its growing Web3 user base. Decentralized Finance (DeFi) firm Aave Companies announced Lens Protocol v2 on July 17 during EthCC in Paris, with the code powering the protocol reworked to enable

An executive from venture capital firm Andreessen Horowitz (a16z) believes that Web3 has the solutions to the headaches and problems found on Web2-based social media platforms.  During a keynote speech at the Ethereum Community Conference (EthCC), a16z partner Sriram Krishnan shared a presentation explaining how Web3 can fix social media and consumer applications. Krishnan stressed

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw new advancements in zero-knowledge proofs (ZK-proofs) as a scaling solution as more DeFi protocols embraced the technology. A new United States

[embedded content] This week’s episode of Cointelegraph’s Market Talks welcomes Alvin Xu, the co-founder and CEO of Maverick Protocol, a platform that is taking a new approach to building decentralized finance (DeFi) infrastructure. Xu has been in the crypto space since 2018, and before co-founding Maverick, he led products and ecosystems across MetaMask, Abra Wallet, BitTorrent and the

Amid the growing popularity of zero-knowledge (ZK) proof based layer-2 scalable solution, decentralized finance liquidity protocol Symbiosis has added support for Linea, a zkEVM-based Consensys-developed scalable solution for cross-chain swaps. Symbiosis said in a statement that Linea is a developer-ready zkEVM roll-up type, which means it is Ethereum-compatible and thus lets developers reuse a lot

From the international stage at Davos to the soccer fields of Bedford, the Decentralize with Cointelegraph podcast dives into the nuances of crypto and blockchain, and how they intersect with everyday life. One promising technology that has emerged in the blockchain space is zero-knowledge proofs (ZK-proofs), which many claim can be a game-changer for blockchain

Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter. “If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All

Vitalik Buterin portrait from 2014 auctioned as NFT An image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network. The NFT sale also

Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen. Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s MD highlighted a number of ways in which the exchange is incorporating AI tools into everyday processes. Chen said that the company

Since 2021, pop superstar Taylor Swift has been rerecording and releasing her entire back catalog of albums in an effort to break away from her previous record label and gain greater control over her art. The fact she has to go through such a painstaking, expensive process just to recover what most would consider rightfully

An environment of healthy competition is being fostered between the Ethereum (ETH) ecosystem’s top development firms building zkEVMs to scale the network, according to one of Polygon’s co-founders. Jordi Baylina, technical lead of Polygon Hermez zkEVM, spoke to Cointelegraph ahead of the start of EthCC in France. With builders from across the Ethereum ecosystem converging

Decentralized applications could tap into improved privacy features as blockchain firm Oasis launches its confidential EVM-compatible blockchain Sapphire. Sapphire and the Oasis Privacy Layer (OPL) are now live, allowing existing decentralized applications (DApp) on Ethereum Virtual Machine (EVM) networks to make use of the blockchain’s privacy-first features without having to carry out cross-chain swaps for

While account abstraction in Ethereum is perceived to be a catalyst that could onboard a billion users, Ethereum co-founder Vitalik Buterin shared some challenges in implementing the new feature on the blockchain.  Buterin, speaking on July 18 at the Ethereum Community Conference (EthCC) event in Paris, explained some of the key innovations that modern account

Two of the biggest platforms powering Web3 decentralized domains have partnered up after Unstoppable Domains announced support for .eth domain names from Ethereum Name Service (ENS). The two service providers have been central pillars in the Web3 domain space, allowing users to create human-readable domain names and cryptocurrency wallet addresses. Decentralized domains also act as

Bitcoin (BTC) remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The United States dollar index (DXY), which generally moves in inverse correlation to Bitcoin, dropped below 100 but that has failed to propel Bitcoin higher. This suggests that Bitcoin is charting its own course in

Ethereum layer-2 scaling solution zkSync Era has launched a new Scalable Transparent Argument of Knowledge (STARK)-based proof system called Boojum that promises to run on consumer-grade general processing units (GPUs). ZkSync Era is one of a handful of Ethereum scaling protocols using zero-knowledge rollups (ZK-rollups) to increase capacity and speed while reducing fees. ZK-rollups mostly use two

CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain,

The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, the report indicates that the