The developer has discovered a vulnerability in the Ethereum 2.0 testnet

The developer has discovered a vulnerability in the Ethereum 2.0 testnet

Jelurida co-founder Lior Yaffe claims to have discovered a potential vulnerability in the Ethereum 2.0 testnet – low staking participation could allow the whales to disable the network. Jelurida co-founder and lead developer of the Ardor and Nxt blockchains Lior Yaffe discovered a vulnerability in Ethereum 2.0. As a reminder, the blockchain is currently running on Medalla and other testnets to check for problems. Yaffe considered a situation where the level of participation in staking…

EU plans to tighten regulation of stablecoins

EU plans to tighten regulation of stablecoins

As the Executive Vice President of the European Commission Valdis Dombrovskis said, the European Union plans to issue stricter laws to regulate stable cryptocurrencies. On Friday, September 11, finance ministers from several countries, including Germany and France, called for tighter regulation of stablecoins in the region. Already on September 12, Valdis Dombrovskis issued a statement that officials are aware of the problem and are preparing a bill to regulate stable cryptocurrencies. He emphasized: “Some ministers…