cyber security

Curve Finance Launches Ethereum Swapping Liquidity Pool

Source Node: https://beincrypto.com/curve-finance-launches-ethereum-swapping-liquidity-pool/
Time Stamp: December 21, 2020 2:54 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Decentralized finance protocol Curve Finance has launched a new pool for Ethereum and synthetic Ethereum (sETH) swaps and liquidity provision. The pool allows liquidity farmers to deposit Ethereum and synthetic Ethereum in order to earn additional yields. sETH is essentially a soft peg of standard ETH, designed to stay as close in value as possible, though it often trades slightly lower which allows for arbitrage opportunities. The newly launched pool contained 65% ETH and 35% sETH at the time of press, worth a combined estimated total of around $155,000 at

Massive Ledger Data Leak Increases SIM Swapping Threat

Source Node: https://beincrypto.com/massive-ledger-data-leak-increases-sim-swapping-threat/
Time Stamp: December 21, 2020 2:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Hardware wallet manufacturer Ledger has suffered another massive data breach for the second time this year. The exposure of thousands of clients’ personal information has increased the threat of SIM swapping as an attack vector. For the second time this year, personal data from Ledger wallet buyers has been dumped online. The leak was posted by several members of the crypto community who found files allegedly containing the ‘full database’ of Ledger customers containing emails, phone numbers, and even physical addresses. Ledger Data Leaked (Again) Ledger played down the data

Ethereum Rival Polkadot Launches Polkastarter DEX and Liquidity Mining

Source Node: https://beincrypto.com/ethereum-rival-polkadot-launches-polkastarter-dex-and-liquidity-mining/
Time Stamp: December 15, 2020 3:57 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

A new decentralized exchange has emerged in the already-crowded DeFi space. The platform is being offered by the Ethereum rival Polkadot network. Dec. 15 marks the official launch date of the Polkastarter DEX. The platform has been designed for cross-chain token pools and auctions, with the purpose of enabling projects to raise capital on the Polkadot network. Polkastarter was officially announced in September when the project listed its native POLS token on Uniswap. It has now gone live with the first liquidity pool offering rewards for swapping ETH for POLS.

MetaMask Beefs Up Security and Improves Gas Prices

Source Node: https://beincrypto.com/metamask-beefs-up-security-and-improves-gas-prices/
Time Stamp: December 15, 2020 1:35 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cryptocurrency wallet and browser extension MetaMask has been busy beefing up its security as hacks and exploits continue to plague the industry. In its latest monthly report, MetaMask has detailed ongoing efforts to improve the platform for its users and increase security. There are a few tweaks for dApp developers to be aware of but they will not affect users. The wallet provider has been developing ‘LavaMoat’ which is a set of tools for generating dApp bundles with enhanced security in the form of Secure EcmaScript (SES) containers. It added

Ethereum Developers Claim 2.0 Launch Went ‘Smooth’ Despite Validator Slashings

Source Node: https://beincrypto.com/ethereum-developers-claim-2-0-launch-went-smooth-despite-validator-slashings/
Time Stamp: December 14, 2020 3:16 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The latest update from the team working on Phase 0 of the ETH 2.0 upgrade has praised the smooth launch of the new blockchain which was only marred by a number of validators getting ‘slashed.’ It has now been two weeks since Beacon Chain went live heralding in a new era for Ethereum as the Serenity upgrade gets underway. The launch has been a rather eventless affair, which is good news as confirmed by ConsenSys developer Ben Edgington in his latest ETH 2.0 update. “It’s been a wonderfully dull eleven

Coinbase Report Affirms ‘Killing Ethereum’ will Be Challenging

Source Node: https://beincrypto.com/coinbase-report-affirms-killing-ethereum-will-be-challenging/
Time Stamp: December 14, 2020 1:54 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The DeFi ‘food farming’ frenzy this past Summer took its toll on the Ethereum network in terms of demand. As a result, a slew of rival platforms emerged and a new report from Coinbase has taken a deep dive into some of them. In its latest report in the ‘Round the Block’ series titled “ETH Killers and New Chains” published on Dec. 12, the U.S.-based crypto exchange Coinbase has taken a closer look at rising competitors to Ethereum in the smart contract space. A number of new DeFi-focused blockchains have