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Ethereum’s EIP 1559 Upgrade Goes Live on August 4

Andrew Orr ·

A major update to the Ethereum blockchain known as EIP 1159 will go live on August 4. Reuters explains what it means.

EIP-1559 is a software upgrade that fundamentally changes the way transactions are processed on Ethereum by providing clear pricing on transaction fees in ether paid to miners to validate transactions and “burning” a small amount of those tokens. The burned tokens will be permanently taken out of circulation.

By reducing the number of tokens, the currencies that remain in circulation become rarer and more valuable.

Link

Hackers Leak FIFA 21 Source Code After Extortion Attempt

Andrew Orr ·

After a failed extortion attempt, hackers have leaked a 751GB cache of data stolen from Electronic Arts. The files include the source code for FIFA 21.

While initially, the hackers hoped to earn a big payday from the EA hack, they failed to find any buyers on the underground market, as the stolen data was mostly source code that lacked any value for other cybercrime groups, most of which are interested in user personal or financial data primarily.

After failing to find a buyer, the hackers tried to extort EA, asking the company to pay an undisclosed sum and avoid having the data leaked online.

Podcast

Wi-Fi Connects But Doesn't Work – Mac Geek Gab 883

John F. Braun · · Add Comment

Ever have a scenario where everything seems right but nothing IS right? That’s what’s happening with several different MGG listeners this week, each for several different reasons. Listen as John and Dave dig into these questions — and more! — as they diligently work to ensure everyone learns at least five new things. Quick Tips, Cool Stuff Found, and more round out the episode to be sure of that!