Home > sydney DaCMO (Page 29)

Major Cryptocurrency Exchange Hacked, $200 Million Stolen in High-Profile Security Breach

In a stunning development late yesterday evening, BitMax, one of the world's largest cryptocurrency exchanges, confirmed it had fallen victim to a sophisticated cyber-attack resulting in approximately $200 million worth of digital assets being stolen. This incident highlights the ongoing threats looming over the burgeoning digital currency markets and raises

Read More

Major Cryptocurrency Ethereum Undergoes Revolutionary Network Upgrade

In a historic development for the cryptocurrency world, Ethereum, the second largest blockchain network by market capitalization, successfully completed its much-anticipated network upgrade, dubbed "Ethereum 2.0", yesterday. This upgrade marks a significant shift from the network's previous energy-intensive proof-of-work (PoW) mechanism to a more sustainable proof-of-stake (PoS) framework, potentially setting

Read More

Major Blockchain Disruption: Ethereum Network Undergoes Successful Upgrade to Improve Transaction Speed and Reduce Gas Fees

Date: February 21, 2023 In a landmark development for the cryptocurrency world, the Ethereum network has successfully implemented a major upgrade dubbed "EtherSpeed", aimed at significantly enhancing transaction processing speeds and reducing gas fees, a perennial pain point for users. This event marks a significant milestone in Ethereum’s ongoing evolution, and

Read More

Major Breakthrough in Ethereum: Launch of Eth2 Speeds Up Transactions and Reduces Costs

In an unprecedented development in the realm of cryptocurrency, Ethereum has officially launched Eth2, a significant upgrade that aims to enhance the scalability, security, and sustainability of the network. This groundbreaking advancement is set to revolutionize how transactions are processed on one of the world’s most prominent blockchain platforms. Ethereum, known

Read More