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Cryptoslate

Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.

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News

CryptoSlate
cryptoslate.com > a-seven-year-old-blockchain-is-permanently-abandoning-its-own-network-to-seek-refuge-on-ethereum

A seven-year-old blockchain is permanently abandoning its own network to seek refuge on Ethereum

5+ day, 22+ hour ago   (474+ words) The Harmony blockchain is now proposing an Ethereum migration after deciding its independent network is no longer worth preserving. Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago. The Sept....

CryptoSlate
cryptoslate.com > tokens-created-out-of-thin-air-may-explain-how-320-million-in-bitcoin-left-a-sidechain

Tokens created out of thin air may explain how $320 million in Bitcoin left the Liquid sidechain

6+ day, 3+ hour ago   (529+ words) Technical accounts describe how unbacked L-BTC allegedly passed security checks, while a reported split between nodes raises questions about federation software deployment. Researchers examining the roughly $320 million Liquid Network incident have identified an alleged failure in the software’s transaction-validation cache,…...

CryptoSlate
cryptoslate.com > zero-knowledge-apps-go-dark-after-chain-upgrade-breaks-their-underlying-verification-keys

Zero-knowledge apps go dark after chain upgrade breaks their underlying verification keys

1+ week, 2+ day ago   (406+ words) The Mina Mesa upgrade stopped transaction processing for about eight hours on September 3 as the layer-1 blockchain shifted mainnet to its Mesa release. Exchanges suspended MINA transfers, while deployed zkApps now need new verification keys before they can resume proof-authorized…...

CryptoSlate
cryptoslate.com > ontology-forces-urgent-node-upgrade-after-restarting-chain-hit-by-malicious-activity

Ontology forces urgent node upgrade after restarting chain hit by malicious activity

1+ week, 3+ day ago   (508+ words) Ontology version 3.1.5 is mandatory for compatibility, while the attack path and wider service recovery remain undisclosed. Ontology said its mainnet resumed normal operation on Sept. 2 after an emergency security pause and told every sync-node operator to upgrade to version 3.1.5. Sync…...

CryptoSlate
cryptoslate.com > tac-remains-frozen-for-over-10-days-after-a-massive-exploit-forces-a-1-26-billion-token-bailout

TAC blockchain remains frozen for over 10 days after a massive exploit forces a 1.26 billion token bailout

1+ week, 4+ day ago   (518+ words) One transaction emptied 28.6% of supply from the bonded pool, while 1.66 billion attacker-held TAC remains unresolved. The TAC network halt continues at block 24,671,475, more than 10 days after an exploit emptied the bonded staking pool. The network is an EVM-compatible Layer 1 connected…...

CryptoSlate
cryptoslate.com > a-layer-1-blockchain-froze-for-4-hours-to-stop-a-4-9-million-hack-then-claimed-it-was-just-an-upgrade

A layer-1 blockchain froze for 4 hours to stop a $4.9 million hack, then claimed it was just an upgrade

1+ week, 4+ day ago   (438+ words) The network stayed secure at the consensus level, but the emergency response jailed validators and disrupted exchange transfers. Injective, a layer-1 blockchain network, produced no new block for nearly four hours during an emergency response to an exploit that researchers…...

CryptoSlate
cryptoslate.com > bitcoin-knots-is-trying-to-fork-bitcoin-again-after-its-last-chain-died-in-two-blocks

Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks

2+ week, 22+ hour ago   (976+ words) The new attempt swaps SHA-256d for BLAKE2b, but miners, wallets and exchanges still have to show up. Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told…...

CryptoSlate
cryptoslate.com > old-lightning-nodes-may-be-exposed-to-a-full-channel-wipeout-after-lnd-fix-lands-later-than-disclosed

Old Lightning nodes may be exposed to a full-channel wipeout after LND fix lands later than disclosed

2+ week, 4+ day ago   (565+ words) LND, a Lightning Network node implementation, has disclosed a channel-close flaw that can put an entire channel balance at risk in the reproduced maximum-loss scenario. Operators using standard releases below 0.21.0 should treat their nodes as lacking the official fix unless…...

CryptoSlate
cryptoslate.com > reaching-instant-27ms-validation-on-bitcoin-will-take-17-gpu-years-of-compute-power

Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power

3+ week, 1+ day ago   (1002+ words) Hazync's developer reports that a 1.7 MB standalone verifier checked a 226,434-byte cryptographic receipt covering the first 1,789 blocks of Bitcoin in 27 milliseconds. The Aug. 15 disclosure limits that result to an early stretch of Bitcoin's history. A complete genesis-to-tip proof campaign remains…...

CryptoSlate
cryptoslate.com > ethereum-researchers-are-racing-to-close-a-zkevm-security-gap-before-december

Ethereum researchers are racing to close a zkEVM security gap before December

3+ week, 1+ day ago   (888+ words) The better.codes contest puts Ethereum’s abstract security target against live certificates, but its score covers only koalaIRS12. Ethereum’s better.codes contest now measures a cryptographic proof gap that researchers can attack from both sides. At 15:44:47 UTC on Aug. 21, the live…...