Ethereum News
Yet another crypto bridge falls victim to an $11 million hack
The latest attack adds to growing string of cross-chain infrastructure exploits.
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing
Also: LayerZero apology, Ronin layer-2 transition and ‘Clear Signing’
The Ethereum Foundation unveils new 'Clear Signing' standard to stop users from approving malicious crypto transactions
The move comes after billions in losses from phishing attacks and wallet drains, with Ethereum pushing to make transaction approvals safer and easier to understand.
ETH/BTC ratio falls to 10-month low as ether continues to underperform bitcoin
Widely followed crypto market gauge signals weakening risk appetite as investors continue favoring bitcoin over ether.
Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.
Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year
The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.
Ronin set to transition to Ethereum layer 2 from independent sidechain
The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.
Judge clears path for Aave to move $71 million in ETH linked to North Korea hack
Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.
Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says
At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.
