Author: Yeek.io

Today, we have disclosed the second set of vulnerabilities from the Ethereum Foundation Bug Bounty Program! 🥳 These vulnerabilities were previously discovered and reported directly to the Ethereum Foundation. When bugs are reported and validated, the Ethereum Foundation coordinates disclosures to affected teams and helps cross-check vulnerabilities across all clients. The Bug Bounty Program currently accepts reports for the following client software: ErigonGo EthereumLodestarNethermindLighthousePrysmTekuBesuNimbus In addition to client software, the Bug Bounty Program also covers the Deposit Contract, Execution Layer & Consensus Layer Specifications and Solidity. 🙏 Repository & vulnerability list Since the last vulnerability disclosure has been quite eventful…

Imagine owning something valuable that doesn’t exist physically but still has real-world importance – whether it’s your favorite photo stored online, a cryptocurrency like Bitcoin, or a one-of-a-kind digital artwork.  These are all digital assets, and they’re shaping how we share, invest, and store value today. This article will discuss what digital assets are, best types of them, and why they’re becoming essential in our modern lives. Key Takeaways: A digital asset is any valuable item stored in a digital format, like photos, videos, documents, cryptocurrencies, or NFTs, often used for personal or business purposes. The different examples of digital…

Aave recorded significant gains, emerging as the top gainer among the leading 100 crypto assets, amid the market-wide bullish momentum. Aave (AAVE) surged 34% in the past 24 hours and is trading at $355 at the time of writing. The native token of the leading lending protocol saw its market cap rise to $5.3 billion, making it the 31st-largest cryptocurrency. Source: crypto.news This is the first time since late August 2021 that Aave has broken the $350 mark. First, the broader crypto market, including Bitcoin (BTC), started rising right after Wednesday’s U.S. Consumer Price Index report.  The U.S. inflation rate…

Identity is a fraught concept in web3. When and how should you identify the individual behind a wallet? Solutions like ENS, POAP, Noox, and Gitcoin Passport try to address this question by providing web3 users with unique identifiers and tracking reputation with on-chain activity, while Quests on Layer3 help you measure your on-chain progress. Numerous initiatives have been powered by the idea that your wallet activity is supposed to be a representation of who you really are. As web3 apps continue to evolve, however, a singular wallet will no longer represent a user’s digital identity or reputation. Empowering true self-custody…

Bybit, a globally recognized second-ranked crypto exchange in terms of trading volume, has recently made a significant move to ensure regulatory compliance. As per the announcement, it has temporarily modified the provision of its services and products in the European Economic Area (EFA) to cope with the evolving regulations. Bybit Adjusts Products for EEA Compliance The prominent crypto exchange has taken the difficult decision to provisionally adjust the product availability to ensure regulatory compliance. In the meantime, the platform is actively endeavoring to get a Markets in Crypto-Assets Regulations license within the Austrian jurisdiction. Hence, this decision reflects Bybit’s priority…

Bitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump.Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR— Mornings with Maria (@MorningsMaria) December 13, 2024 Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it to thrive under conditions of increased adoption and favorable policy environments—a scenario…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

TL;DR: The EPF concluded its third cohort and is preparing for the fourth cohort. Applications will be open soon. Sign up here to get notified when they open. The Ethereum Protocol Fellowship recently completed its third successful cohort in February 2023. Its completion marked 4 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. Before we look into the third cohort, let’s recap what Ethereum core development is and how EPF fits into its landscape. Protocol development At the heart of the Ethereum ecosystem lies core development, the work…

Web3 gaming platform Treasure has launched its own Ethereum layer-2 scaling network via ZKsync, shifting away from its earlier use of Arbitrum.The platform seeks to address gaming-specific requirements and enhance the ecosystem with tailored features for both developers and players alike.To mark its launch, Treasure has introduced the “Decentralized Entertainment System: Cartridges” campaign, featuring daily NFT mints based on games within its ecosystem. Source: TreasureWhy is Treasure switching to ZKsync?Treasure decided to transition to ZKsync after evaluating its technical requirements.Whilst the company initially planned to continue with Arbitrum, advancements in ZKsync’s capabilities, including account abstraction and Elastic Network interoperability, prompted…

Five promoters behind the IcomTech Ponzi scheme have been ordered to pay $5 million in civil penalties and restitution for defrauding investors via a fake cryptocurrency trading platform. According to a Dec. 11 statement, IcomTech founder David Carmona, along with four promoters of the scheme, namely Juan Arellano Parra, Moses Valdez, and David Brend, for violations of the Commodity Exchange Act and Commodity Futures Trading Commission regulations. The court ordered them to jointly pay over $1 million in restitution to defrauded customers and imposed a $1 million civil monetary penalty on each of the four individuals.  Additionally, Marco A. Ruiz…