blockchain

ZKsync Hack: $5M Stolen! Is Your Crypto Safe on Layer-2s?

ZKsync Hack: $5M Stolen! Is Your Crypto Safe on Layer-2s?

We know that the world of crypto moves fast, but so do the bad actors operating in this space. Just last week, ZKsync, considered one of the most secure and agile layer-2 scaling solutions for Ethereum, was exploited for $3 million. Due to this incident, approximately $5 million worth of...

Ethereum's Great Staking Lie: Whales Buy, You Get Played

Ethereum's Great Staking Lie: Whales Buy, You Get Played

Let's cut the crap. The fairytale of Ethereum staking tells you that anyone can get rich on passive income while building an inclusive, decentralized utopia. The reality is, that’s simply a bullshit lie. I know, it’s a rigged game, folks, and the house always wins. In this particular instance, the...

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

Five million dollars. Gone. Poof. Taken from ZKsync, currently one of Ethereum’s supposedly greatest beacons of hope in the Layer-2 scaling arms – sorry, race. They say user funds are safe. They say the protocol is secure. But does it feel that way? Does it sound that way? This isn't...

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

Five million dollars gone. Poof. ZKsync, another darling of the Ethereum scaling world, just got hacked. And while they’re at it reassuring everyone that “everything is OK,” let’s face it – that’s not true, it’s not that simple. It’s a bright, blinking neon sign blaring that the airdrop model is...

ETH Price Wobbles: Whales Buy, Staking Dips - What's Next?

ETH Price Wobbles: Whales Buy, Staking Dips - What's Next?

The Ethereum market gives mixed signals at the moment. Investors and analysts alike are left scratching their heads, unsure of what path it will pursue going forward. Ethereum whales are currently on a token buying spree, having aggressively accumulated more tokens. Compounding the issue, staking activity is in a general...

CFTC's Crypto Enforcement Shift: What It Means For You

CFTC's Crypto Enforcement Shift: What It Means For You

Cryptocurrency is already under extreme regulatory fire. Recently, the Quarterly Review repository—created by Code for America and developed in collaboration with the Tennessee Department of Transportation—has been used by many states. This isn’t just about anti-slapping wrist; it’s about setting tangible lines in the sand and ensuring crypto businesses are...

CFTC's Crypto Shift: 3 Reasons It's a Disaster for the Little Guy

CFTC's Crypto Shift: 3 Reasons It's a Disaster for the Little Guy

Under Acting Chairman Pham’s leadership, the CFTC has taken a dramatic turn towards regulating crypto. This new innovation-friendly approach is being hailed as a huge victory for innovation. If you scratch the surface, you’ll find it’s a terrible deal for everyday Americans. These are the folks pushing to create a...

Is Ethereum a Centralized Trap Libertarians Must Avoid?

Is Ethereum a Centralized Trap Libertarians Must Avoid?

Let's be blunt. And the more we hear from Ethereum, with its shiny promises of a decentralized future, the more it begins to sound like a gilded cage. And for libertarians, that cage is lined with the very things we despise: centralized control, regulatory overreach, and the creeping tendrils of...

Ethereum Market Share Nears Record Lows Amid Bearish Price Outlook

Ethereum Market Share Nears Record Lows Amid Bearish Price Outlook

With Ethereum’s market dominance approaching historic lows, nerves are starting to creep into the investor base as Ethereum’s price heads back towards testing the $1,100 support level. The second-largest cryptocurrency by market capitalization is struggling not only with a growing competitive threat, but with a highly bearish technical outlook. This...

ETH Market Share Dips: $1100 Price Target? What's Next?

ETH Market Share Dips: $1100 Price Target? What's Next?

Ethereum, once the altcoin world’s unchallenged monarch, is dealing with some major headwinds. This is not merely a discussion of commodity price fluctuations, but rather a major industry-changing shift in market dominance and investor sentiment. The burning question on everyone's mind is: can Ethereum bounce back, or is it heading...