Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share its findings […]
TLDR Bitmine now holds more than 4.7 million ETH, representing 3.9% of Ethereum’s total supply. The company has reached nearly 80% of its goal to control 5% of the Ethereum supply. With ETH trading at […]
Bitmine has increased its Ethereum (ETH) holdings to over 4.73 million. The company is adding to its ETH treasury strategy despite market struggles. Ethereum price holds near $2,000. Bitmine Immersion Technologies, led by Tom Lee, […]
The Ethereum Foundation has accelerated its treasury staking push, deploying $46.2 million in Ether in its largest move to date after the recent BitMine sale. On Monday, the foundation’s treasury multisignature wallet made 11 deposits […]
TLDR: Ethereum activity and stablecoin balances are shifting back from Layer 2 networks to the base layer Stablecoin supply and tokenized assets on Ethereum are approaching previous all-time high levels Ethereum’s execution density and composability […]
Ethereum (ETH) price shows early signs of a potential bullish trend reversal. On-chain data suggests accumulation and weakening selling pressure. A break above $2,300 could trigger further upside momentum. Ethereum has slipped below the $2,200 […]
Crypto entrepreneur Nic Carter has urged Bitcoin developers to catch up on quantum resistance or risk losing out to Ethereum, which already has a post-quantum roadmap. Elliptic curve cryptography (ECC) is the math that keeps […]
TLDR: Ethereum L1 will remain the core settlement and DeFi hub as it scales by several orders of magnitude. L2s must now prioritize differentiation and customization over scaling as their primary objective. The Ethereum Foundation […]
TLDR: Ethereum exchange reserves have fallen to roughly 16.2 million ETH, the lowest recorded level since 2016. Around 37 million ETH locked in staking contracts is actively reducing circulating supply and sell-side pressure. Surging active […]
An Ethereum whale known as thomasg.eth has accumulated roughly $19.5 million in Ether over the past week, signaling renewed accumulation as prices remain well below all-time highs. Arkham data shows the wallet accumulated the position […]
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