Cosmos Fixes 'Critical' IBC Protocol Flaw, Protects $126M
Cosmos swiftly addressed a critical vulnerability in its IBC protocol, averting a potential theft of over $126 million across multiple blockchain ecosystems.
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Cosmos swiftly addressed a critical vulnerability in its IBC protocol, averting a potential theft of over $126 million across multiple blockchain ecosystems.
Explore the revolutionary impact of Inter-Blockchain Communication (IBC) on the cryptocurrency landscape and discover how this protocol is reshaping the investment opportunities for crypto enthusiasts. In the past, blockchains operated as isolated islands, hindering seamless communication and asset transfers. IBC emerges as a game-changer, fostering interoperability and unlocking a myriad of possibilities for investors and users alike. Dive into the benefits IBC brings to the crypto investment sphere, including increased liquidity, new investment horizons, and cost reduction in transactions. Learn how IBC works, its role in simplifying cross-chain transactions, and the promising future it holds for the entire cryptocurrency industry. Embrace the era of interconnected blockchains and position yourself for a more dynamic and rewarding crypto investment experience.
A story of lies, inflated metrics, and where we go from here.
He said that there were instances of lying about the SOL circulating supply and a “deceptive design to falsely inflate usage.”
Cryptocurrency-powered financial systems boast a high throughput, with the capacity to handle thousands of transactions per second.
Set to develop on the Solana Chain, SolMad is an NFT collection in the Solana-verse where nomads travel in search ...
So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
The new shop entertained about 400 crypto-curious guests on opening day, and hopes to host even more as other stores are opened across the U.S. and the rest of the world.
With the introduction of platforms like Solana, buyers may now purchase NFTs for a low transaction charge and with minimal congestion.
Coinbase added wallet support for SOL and Solana-based tokens, and said it will also support NFTs and dApps on the blockchain in the future.