Ethereum News

Ethereum News

Tech

'DogByte' Attack Found in 'Randomness' Protocol Proof for Ethereum 2.0 Beacon Chain

The “DogByte” attack would have allowed attackers to cheat the Ethereum 2.0 random beacon chain by gaming smart contracts and block validator selection.

(Justin Veenema/Unsplash)

Markets

Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier

Average Ethereum transaction fees reached $10.33 on Tuesday.

Ethereum average and median network fees since 2017.

Markets

First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated

Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.

Yearn.finance came in first in First Mover's monthly digital-asset performance ranking for August. (Sumiyoshi Hiromori/Metropolitan Museum of Art, modified by CoinDesk)

Markets

Ether Price Hits 2-Year High

The two-year high was reached alongside a drop in the number of coins held in exchange addresses.

Ether prices since mid-June (CoinDesk)

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Tech

Buggy Code Release Knocks 13% of Ethereum Nodes Offline

Over 1,000 Ethereum nodes will have to resync or find a new client provider after a critical bug in OpenEthereum’s codebase was revealed.

(Neringa Hünnefeld/Unsplash, modified by CoinDesk)

Tech

Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept

The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.

(Denys Nevozhai/Unsplash, modified by CoinDesk)

Finance

Why DeFi Pulse's Key Metric Is So Simple It's Confusing

DeFi Pulse invented "Total Value Locked." Yet, TVL's mechanics have been somewhat confusing to those in the space. Here's how the leading DeFi metric works.

DeFi Pulse does the complex work of counting how much is committed to each DeFi platform. (Crissy Jarvis/Unsplash)

Tech

BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.

(Jacob Meves/Unsplash)

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Tech

Ethereum Tokens Worth $1B Vulnerable to 'Fake Deposit Attack'

A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion.

(Ivan Vranić/Unsplash)

Markets

0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading

Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion.

(CoinDesk)