CryptoSentinel :: crypto news and analysis

https://www.binance.com/en/blog/ecosystem/binance-labs-invests-$5m-in-curve-dao-token-crv-and-supports-curve-deployment-to-bnb-chain-4372009526169554266

🌀Curve DAO’s Price Surges as Positive Sentiments Indicate an End to Recent Troubles🌀 https://blockchair.com/news/curve-daos-price-surges-as-positive-sentiments-indicate-an-end-to-recent-troubles--7c960b45b6 BTC: $28990 ▪️ ETH: $1830 ▪️ XRP: $0.62 ▪️ BCH: $224

🌀Open interest in CRV-linked futures skyrockets as Curve token reels from recent attack🌀 https://blockchair.com/news/open-interest-in-crvlinked-futures-skyrockets-as-curve-token-reels-from-recent-attack--5a9ce342ca BTC: $28956 ▪️ ETH: $1834 ▪️ XRP: $0.69 ▪️ BCH: $244

LlamaRisk team published a postmortem of the recent reentrancy exploit that resulted in loss of LP funds in several Curve pools: https://hackmd.io/@LlamaRisk/BJzSKHNjn

A number of pools using Vyper 0.2.15, 0.2.16 and 0.3.0 have been exploited as a result of a malfunctioning reentrancy lock related to a Vyper bug. All affected pools have been drained or white hacked and the team is assessing the situation with affected teams. The targeted pools are alETH/ETH, msETH/ETH, pETH/ETH and CRV/ETH. All remaining pools are safe and unaffected by the bug. https://twitter.com/vyperlang/status/1685692973051498497

Growing evidence suggests that there will not be a 'one size fits all' solution to Bitcoin scaling but rather many complementary protocols, each addressing different challenges and markets, that ultimately help usher in hyperbitcoinization. In the latest Layer-2 Roundup, we delve into second-layer protocols, highlight the importance of interoperability, and showcase the projects using these solutions together to tackle the challenges of adoption and the growing pains that come with it—as we saw in May's high-fee environment. https://blog.blockstream.com/increasing-interoperability-between-bitcoins-second-layer-protocols/

Polygon has proposed upgrading MATIC to a multipurpose token called POL Polygon, the Ethereum scaling solution, has proposed a technical upgrade for its native $MATIC token, as part of its Polygon 2.0 roadmap. Pending community approval, $MATIC would be converted into Polygon $POL, a token capable of validating multiple chains within the Polygon ecosystem. The proposed $POL token is intended to operate across all Polygon protocols, including Proof of Stake (PoS), zkEVM and Supernets. The feature of POL, if approved, would be its ability to validate transactions across different chains, introducing a new level of interoperability between the various protocols within the network. Polygon has proposed a lengthy grace period of at least four years for token holders to complete the upgrade process. 🔗theblock.co/post/239350/polygon-upgrade-matic-tokens-to-pol Top 7 ICO socials:Telegram | Chat | Twitter

https://www.coindesk.com/policy/2023/06/30/court-orders-kraken-to-turn-over-history-transaction-and-account-information-to-irs/

Bitcoin's price is now above the mid-point of the monthly Bollinger Band. Historically, this has been the beginning of a move to the top of the upper Bollinger Band, roughly a 100%+ move. The current top monthly Bollinger Band is $52K+++

The SEC’s probability of approving the Blackrock Bitcoin ETF is high. The ETF might be approved by September/October 2023 and will attract $10bn within 3 months and $20bn within 6 months – materially supporting Bitcoin prices 3 месяца ещё ждать, но ралли какое-то нервное началось 🧐

🌀Fake cryptocurrency wallet Trezor app circulating in overseas App Store = report🌀 https://blockchair.com/news/fake-cryptocurrency-wallet-trezor-app-circulating-in-overseas-app-store-report--819ae8e981 BTC: $28727 ▪️ ETH: $1811 ▪️ XRP: $0.50 ▪️ BCH: $113

The old Dubai Coin scam is active again. Be careful! https://www.analyticsinsight.net/cryptocurrency-scam-the-short-lived-fame-of-dubaicoin/