Ethereum News

Ethereum News

Tech

Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, but Fails to Finalize

The upgrade was pushed out on Monday, but it wasn't entirely clear why the test network was not finalizing.

The latest Ethereum upgrade, Pectra, is partly named after Electra, one of the "seven sisters" in the star constellation known as Pleiades, shown in an artistic rendering here inside the ring of circles. (Wikipedia)

Tech

Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen

Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.

(Jacob Lund/Shutterstock)

Finance

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X, while Ethereum community strongly criticized it.

Arthur Hayes, CIO, Maelstrom, pictured at CfC St. Moritz 2025 (CfC St. Moritz)

Tech

Vitalik Buterin Disappointed With Embrace of Blockchain “Casinos”

The comments came during an ask-me-anything session.

Vitalik Buterin

Markets

DEX SecondSwap Launches Mainnet on Ethereum With Plans for Solana Expansion

Secondary markets for locked tokens refer to platforms or mechanisms where tokens that are under some form of lock-up or vesting schedule.

Stock exchange screen (Pixabay)

Tech

The Protocol: Story Protocol Launches Its IP-Focused Blockchain

Also: Ethereum developers release “Open Intents Framework,’ Monad & Orderly Join Forces, and Crypto’s Most Influential Investor?

Open Book

Tech

Ethereum Developers Release New Initiative to Simplify Cross-Chain Transactions

Called the Open Intents Framework, the new scheme aims to bring “intents” to all corners of the Ethereum ecosystem.

The Open Intents Framework is a new initiative created by Ethereum ecosystem leaders to simplify and standardize cross-chain token transfers.  (Akinori UEMURA/Unsplash)