1inch claims potential exploit on Profanity-generated Ethereum addresses

 1inch claimed that Profanity, a vanity address generator on Ethereum, suffered a severe vulnerability. The post 1inch claims potential exploit on Profanity-generated Ethereum addresses appeared first on The Block.

Timeline of 1inch, Ethereum

Ethereum price is jilting on its bid for a post-Merge rally amid considerations over an aggressive Fed hike next week. The explosive sell-off in Bitcoin on Tuesday had a play result on Ethereum too.

The Ethereum network has officially switched over to proof-of-stake (PoS) as a result of the Ethereum Merge. The proof-of-stake switchover the Ethereum network undertook at 2:45 a.m.

Quick Take Interest in liquid staking derivatives for ETH has grown in recent months as the Ethereum network transitions to Proof-of-Stake consensus. The largest players in the liquid staking market are Lido, Coinbase and Rocketpool, with Lido leading the pack with a large majority of market share.  It is likely that more liquid staking products will emerge after the successful execution of the Merge upgrade to compete for market share in this growing space.

Although coin prices have been recovering slowly, it appears that the market downturn may be nearing an end, especially since the traditional economy is beginning to improve. With that in mind, several assets are currently trending and could present excellent buy opportunities. This article will explore some of the best trending coins to buy right now. 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. At press time, Ethereum [ETH] stood on the precipice of the Merge.

Ethereum price analysis is bullish today as we have seen another retest of previous low and another local higher low set. Therefore, ETH/USD is ready to reverse and begin move towards a new swing high.

We're quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum's history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken.

Ethereum has officially entered the Proof-of-stake era. The Paris upgrade, triggered at the Total Terminal Difficulty of 58750000 P, marked the end of Proof-of-work and Ethereum mining.

The world has been full of bad news recently, so it's refreshing to be reporting on something positive. This morning, arguably the single biggest event in the short history of cryptocurrency took place. Ethereum “merged”, completing its upgrade to a Proof-of-Stake (PoS) blockchain. And it was 100% successful.

Vitalik Buterin, the Ethereum co-founder, displayed his excitement while discussing the behavior of cryptocurrency miners on the network as the hashrate of the Ethereum network did not evaporate ahead of the Merge.