Layerswap overrides website hack that drained $100K
    22 Mar 2024
    55 Views

    Layerswap — a bridge between centralized crypto exchanges and layer-2 blockchains — regained access to its domain after a short-lived hijack drained roughly $100,000 of user funds. On March 20, at around 19:40 UTC, the layerswap.io domain was compromised, and users trying to access the service were redirected to a phishing website. Moments later, the hacker…

    How smart accounts and account abstraction can unlock Ethereum’s full utility
    22 Mar 2024
    56 Views

    The Ethereum ecosystem is on the cusp of realizing advanced security features and transaction functionality through the advent of smart contract wallets and account abstraction, but adoption of the technology remains gradual. Cointelegraph spoke to Safe co-founder Lukas Schor during ETHGlobal in London to unpack why smart contract accounts and account abstraction promise to unlock…

    3 theories why the SEC may be eyeing down Ethereum: Crypto lawyer
    22 Mar 2024
    61 Views

    The reported probe into Ethereum and its foundation could be a way for the securities regulator to comfortably deny spot Ether ETFs and satisfy senator blowback without undermining its ongoing lawsuits, according to a crypto lawyer. On March 22, general partner of Van Buren Capital and finance lawyer Scott Johnsson offered his opinion on why the…