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Cryptocurrency news for today June 30

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June 30th Cryptocurrency News Round-Up- Cryptocurrencies Recover

Cryptocurrency news for today June 30

Cryptocurrency news for today June 30
CONTENT

  • Balancer knew about the vulnerability back in early May

  • The Lighting Network has a dangerous vulnerability

  • Dominance indices of the two largest cryptocurrencies keep pace

International consortium of news organizations developing transparency standards.

Hackers have found a vulnerability that can steal money from Bitcoin Lightening, but so far no one has implemented this hack in practice. Meanwhile, the protocol operator Balancer promised users to return the money from their pockets. Moreover, it turned out that this vulnerability was known back in early May, but no one took it seriously. Bitcoin and Ethereum dominance indices show similar dynamics, while experts note the leakage of bitcoins into the ETH blockchain.

Cryptocurrency news for today June 30

BTC and ETH dominance index find themselves in a similar situation

The Bitcoin Dominance Index is currently trading within an important area of ​​resistance, a rebound from which could trigger a rapid decline. Likewise, the Ethereum price has formed a bearish pattern within a strong resistance area, warning players of the possibility of a similar decline. More details

The European Union will make life difficult for stablecoin projects

The European Union is preparing for a cryptocurrency regulation update that could create difficulties for a number of stablecoin projects, including Libra In June 2019, Facebook announced preparations for the release of the Libra digital currency. The social networking project instantly attracted attention … More, owned by FacebookIn June 2019, Facebook announced preparations for the release of the digital currency Libra. The social networking project immediately attracted attention … More. Vice President of the European Commission Valdis Dombrovskis at the Digital Finance Outreach 2020 said that Europe should become a leader in digital finance regulation. More details

More than $ 101 million of bitcoins flowed into the Ethereum blockchain

The DeFi BoomDecentralized finance (DeFi) is a blockchain-based financial service that offers users access to open, efficient and … More applications, has recently driven a massive influx of tokenized bitcoins into the Ethereum blockchain. The boom in the decentralized finance (DeFi) segment, taking place on the Ethereum blockchain, has led to an active growth in the number and value of tokenized bitcoins in this ecosystem, which is essentially competing with BTC. Since about mid-May, this indicator has shown a sharp increase, and now the cost of bitcoins stored on the Ethereum blockchain in the form of tokens such as Wrapped Bitcoin (WBTC), renBTC, HBTC, imBTC, sBTC and others has already exceeded $ 101 million.

Hackers have found a way to steal bitcoins from the Lightning Network

Cryptocurrency news for today June 30

Two Bitcoin researchers said they found a way to steal coins from the Bitcoin Lightning network. In the article “Flood & Loot: A Systematic Attack On the Lightning Network ”, dedicated to the study of systematic attacks on the Lightning Network, researchers Yona Harris and Aviv Zohar from the University of Jerusalem, Israel, found that attackers could use system flaws to withdraw funds from wallets. More details

Balancer will return money to users and pay “white hackers”

Ethereum’s DeFi Balancer app will refund users the money stolen from the protocol hacker attack. The protocol operator also promised to pay a bounty to Ankur Agraval of Hex Capital, who pointed out the vulnerability to the Balancer team back on May 6. More details

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