Ethereum Bug Fix Frees $2M Locked Funds
Security researcher 0xflorent unlocked 1,003.62 ETH from a 2016 Hongcoin ICO contract using a whitehat exploit; 882 ETH remains claimable. #Update #Crypto $ETH
Smart contracts
Zetachain Halts Mainnet After $2M Exploit
Zetachain paused cross-chain transactions after an exploit hit internal wallets due to missing access controls, marking April’s second major breach. User funds unaffected. #Breaking #Crypto $ZETA
Ethereum Launches $1M Smart Contract Audit
The Ethereum Foundation launches a $1M audit subsidy program to aid smart contract developers, with support from Chainlink Labs and over 20 audit firms. #Update #Crypto $ETH
Smart Contract Blockchains Face Value Reckoning
@YuvalRooz critiques smart contract networks for lacking real financial usage, emphasizing that valuation must align with economic activity. Canton’s token model aims to address this gap. #Update #Crypto $CC
Ethereum Launches EVMbench for Smart Contract Safety
@OpenAI launches EVMbench, a testing framework for assessing AI’s ability to secure smart contracts on Ethereum, addressing vulnerabilities in $100B+ crypto assets. #Update #Crypto $ETH
Altcoin Poised to Challenge Ethereum Dominance
Grayscale Research reports that Sui ($SUI) could capture market share from Ethereum ($ETH) due to its high throughput and low transaction costs. #Update #Crypto $SUI (+3) ↗
Ethereum Staking Revolution Lido V3 Launch
@LidoFinance launches V3 with customizable ‘stVaults’ for advanced Ethereum staking strategies, targeting institutional stakers and enhancing protocol flexibility. #Update #Crypto $ETH (+4) ↗ (Source: TheBlock)