The DeFi market had a volatile week, with several tokens in the top 100 trading in the green while many others posted a net loss on the weekly charts.
According to a discussion at the 151st Ethereum Core Developers Meeting on Dec. 8, core programmers have set a tentative deadline of March 2023 for Ethereum’s Shanghai hard fork. In addition, developers will aim for May or June 2023 to launch the Ethereum Improvement Protocol 4844 upgrade that will introduce proto-danksharding to the network.
A series of seemingly unrelated incidents occurred on Dec. 2 when a hacker manipulated vulnerabilities in Ankr’s smart contract code and compromised private keys after a technical upgrade. As a result, the hacker minted 20 trillion Ankr Reward Bearing Staked BNB , which was pegged to BNB and dumped them, with the price of aBNBc plunging to less than $2 from around $300.
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