Binance publishes BTC Proof of Reserves to provide more transparency on customer funds
Binance released its Bitcoin proof-of-reserves, showing that it currently holds more than 585,000 BTC.
This is almost 7000 BTC more than the total customer deposits
Ethereum “Proof of Reserve“ will be released in the next few weeks.
Ethereum core developers signal support for 'proto-danksharding'
Ethereum developers are moving toward including EIP-4844 in a future upgrade.
EIP-4844 aims to improve the scalability of Ethereum beyond what’s available with Layer 2 solutions.
It will introduce a new kind of transaction format to Ethereum called "shard blob transactions,” allowing for off-chain data to be stored and accessed by Ethereum nodes temporarily to address the scaling needs of blockchain apps
The proposal might be rolled out with or after the Shanghai upgrade, which aims to open up staking withdrawals for validators.
Mango Market Hacker Loses Millions in Failed Aave Scheme
Avi Eisenberg, the crypto trader behind last month’s $100 million Mango Markets price manipulation maneuver, couldn’t do the same to Aave.
Avi borrowed 40 million curve (CRV) tokens from the decentralized lending platform Aave
The drastic move is part of an apparent scheme to sell off the tokens, plummet CRV’s value as a result, and make away millions in short positions on the token—leaving Aave saddled with a massive quantity of bad debt.
The ploy did not execute as planned and the trader lost over 10 Million in this failed gamble.