"Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift's Security Council administrative powers."
The integration allows developers to build goal-oriented workflows where agents plan and execute swaps across the 1inch network using the Swap Application Programming Interface (API). This update provides rapid access to a suite of 15 APIs, including Portfolio and Gas Price tools, reducing integration time from days to minutes.
I'm the general manager of Paze, one of the business units of Early Warning Services. The mandate is really to take Paze and bring this new payment checkout system to the masses - both on the consumer side and on the merchant side - really making sure that our goal of becoming one of the top three wallets for checkout in the next five years becomes reality.
Ryan, who had worked for seven years at the Ethereum Foundation (EF), Ethereum's de facto governing body, suggested that Ethereum could be on the cusp of an era-defining shift. Since its founding in 2014, the foundation had prioritized technical upgrades and had avoided centralizing power while its user base was growing, but Ethereum had now grown up, and the cryptocurrency world around it had grown up, too.
Blockspace Media has acquired Bitcoin Layers, an independent data platform tracking metrics across Bitcoin's layer-2 and scaling ecosystem, as the company expands beyond journalism into data and intelligence products. The acquisition brings Bitcoin Layers' research and on-chain analytics directly into Blockspace's content and product suite, including a forthcoming data dashboard designed to track adoption, total value locked (TVL), and activity across Bitcoin L2s and other scaling platforms, the company wrote to Bitcoin Magazine.
MEV is especially notorious on Ethereum, where it continues to be extracted at a rate equivalent to 11% of block rewards. Data shows that nearly $300,000 was lost in sandwich attacks in September. This reveals that MEV is a recurring hidden fee, not a minor inefficiency, hitting large trades hardest in volatile markets.
On most modern blockchains, transaction data is publicly viewable in the mempool before it is sequenced, executed and confirmed in a block. This transparency creates avenues for sophisticated parties to engage in extractive practices known as Maximal Extractable Value (MEV). MEV exploits the block proposer's ability to reorder, include or omit transactions for financial gain.