Ethereum News And Price Analysis: Opera Introduces Ethereum Wallet to Desktop. Friday, August 10
Important Ethereum News
HackerOne Finds A Major Bug in Ethereum DApp Augur
Augur may have been lucky that it was a HackerOne bounty bug hunter that discovered a buy that could have compromised its security. Security researchersecurity researcher Viacheslav Sniezhkov found the vulnerability on the code of the prediction app that was built on the Ethereum network.
A report by CCN said that an exploit could have resulted in significant loss of funds by users of the app.
“A third party site can include a hidden iframe which can override “augur-node” configuration variable of a running augur application. This variable is persisted in localStorage. In the case of browser page reload (user action or browser/OS crash), the normal “augur-node” websockets endpoint will be replaced with the provided by attacker so that all the markets data, addresses and transactions can be masqueraded.”
Opera Introduces Ethereum Wallet to Desktop
Opera the Oslo-based company has announced its latest update would come with a wallet for ethereum
Ether Plunges to $364 Recovering By 1.09 Percent
Ethereum the number 2 coin has continued to lose value as investors bet against the coin. This is despite its high use cases as the dominant platform for smart contracts and decentralized applications. Ether dropped to $358, which is near its support level on August 7 although it has seen a slight recovery from that mark with a gain of 1.09 percent and is currently trading at $364 at the time of this report.
Technical analysis showed that a prevailing bearish force would have taken the cryptocurrency to $350 but the bears seem weakened at this point giving the bulls a slight edge in the interim. Even as it stands, the bulls will face a stiff resistance at $404.99 as seen from the 20-day EMA. There presently is no suggestion for a buy because there is no certainty the coin has reached its reversal point.
ETH/USD Price Chart, Friday August 10th:
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