The wildly popular Pepe (PEPE) coin is again drawing attention after an explosive rally sent its price to a new all-time high. With “Pepe mania” now gripping the market, how high could this frog-themed token go in the coming weeks and months? PEPE Price Rallies to New ATH as Spot Volumes Rocket PEPE’s price is […]
Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
Certik, a security firm, prevented a potentially disastrous $ 5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole, a project enabling token and data transfers between blockchain networks like Ethereum and …
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons on the capabilities of a CBDC in supporting multiple online and offline […]
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower […]
Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats
Eigenlayer launched on Ethereum’s mainnet with over $ 12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential centralization and the threat of slashing cascades impacting Ethereum’s security. The launch was executed with certain safeguards, such as the temporary disabling of …