Decentralized exchange SushiSwap was on April 9 hacked for more than $3.3m. It follows a bug in the approval system of the exchange’s RouterProcessor2 contract on Ethereum. The exploit led to the loss of more than 1,800 ethereum (ETH). Following the hack, SushiSwap’s...
Matter Labs, the team behind Ethereum’s layer-2 scaling solution, zkSync, has confirmed that 921 ETH worth $1.7 million is currently stuck in one of its new smart contracts, GemstoneIDO. Despite the issue, the firm claims that the funds are safe. Matter Labs have...
As the crypto universe buzzes with excitement, Cardano (ADA) is enjoying a rollercoaster of success, with its price reaching a 30-day peak of $0.3994 as of April 4. The coin has seen a 2.8% surge in one week. But that’s not the whole...
Tezos (XTZ) has announced that its Mumbai upgrade is now live, bringing many improvements to the blockchain network, including higher scalability, support for general-purpose programming languages, and more. Tezos (XTZ), a proof-of-stake (PoS)-based energy efficient blockchain network, has successfully completed its Mumbai upgrade,...
In a live chat with Rutherford Atayobo, the chief operating officer (COO) of SinVerse, a blockchain-based metaverse game with an R-Rated Mafia theme, we discussed the state of the metaverse and gaming. SinVerse is a metaverse game in web3 that offers an immersive and...
Upgrades have been made to China’s Central Bank Digital Currency (CBDC), also known as the digital yuan or eCNY, including smart contract functionality and some recently disclosed use cases. Meituan food service platform deploys e-CNY smart contracts According to a Jan. 17 report by...