Bybit hacker laundered around 20% of Ethereum stolen from the recent theft. Hackers hold more Ethereum than Vitalik Buterin and Ethereum Foundation.

The Ethereum Foundation has stepped in to support Alexey Pertsev, a developer behind Tornado Cash, by donating $1.25 million toward his legal defense. Announcing the donation on Feb. 26, the Foundation emphasized the importance of privacy and the rights of developers, saying: “Privacy is normal, and writing code is not a crime.

Ethereum's price has been dropping consistently over the past few months since it was rejected from the $4,000 level. Meanwhile, there is still the possibility for a deeper decline in the coming weeks.

Solana has taken a hit with its price dropping toward key support levels following a sharp drop in the general crypto market. SOL's weak performance appears to have hamper investors' sentiment as evidenced by fading activity on the Solana network.

As I'm writing this on Monday evening, one Ethereum (ETH -0.08%) coin is worth $2,482. The leading smart contracts coin is dipping below the $2,500 mark for the first time since last November, and you'd be down by nearly 15% if you bought Ethereum a year ago.

Ethereum price has declined for three consecutive days, forming a death cross pattern and risking a drop to $1,500. Ethereum (ETH) fell to $2,430 on Wednesday, down more than 40% from its highest level in November.

Uniswap (UNI) was also among the underperformers, falling 4.3% from Tuesday.

Ethereum (ETH) has been caught in a brutal selloff, plunging from $2,815 to as low as $2,315 after a massive $1.5 billion hack on Bybit. On Monday, ETH crashed alongside Bitcoin as panic spread across the market.

Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group's wallet addresses, while Ethereum Foundation Executive Director Aya Miyaguchi announced that she will transition to her new role as president at the organization. CoinDesk's Christine Lee breaks down the latest news in the crypto industry on "CoinDesk Daily.

Solana (SOL) has recently experienced a sharp downtrend, erasing months of recovery in just four weeks. This rapid decline caught many investors by surprise, triggering widespread fear among SOL holders.

Bitcoin (BTC) is attempting to reclaim $90,000 after a bloodbath at the beginning of the week drove the price to a low of $86,220, as analysts warned of a deeper correction to $80,000. The flagship cryptocurrency is down over 3% in the past 24 hours and is trading around the $88,900 mark.

The Ethereum Foundation will donate $1.25 to aid the legal battle of Tornado Cash developer Alexey Pertsev. The Ethereum Foundation has announced a donation of $1.

Ethereum cofounder Vitalik Buterin has made a notable call to developers regarding Poseidon, a cryptographic hash function. In an update shared on X, Buterin encouraged researchers to participate in the Poseidon cryptanalysis program, which has now been extended to March 15, 2025.

Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week's record-shattering Bybit hack. “On-chain and market data remain neutral.

Extreme bearish sentiment grips crypto as BTC, ETH, XRP, and SOL face declines, but historical trends hint at a potential market bottom.

Solana (SOL), the native cryptocurrency of the Solana blockchain, is facing intense downward pressure after significant news stirred the market. On February 25, 2025, a post by Crypto Beast, a blockchain-based transaction tracker, revealed that Binance was reportedly selling off its entire holdings of Solana.

Ethereum has recently struggled to maintain upward momentum after failing to break above the $2,800 resistance. The altcoin king's price experienced a steep decline due to broader market bearish conditions, causing it to fall below $2,500.

The Ethereum Foundation has donated $1.25 million to support Tornado Cash developer Alexey Pertsev's legal defense as he prepares to appeal his money laundering conviction in the Netherlands.

Ethereum co-founder Vitalik Buterin has encouraged researchers to participate in the ongoing Poseidon cryptanalysis program. He also stated that the ETH blockchain could consider adopting the Poseidon hash function to improve the platform's efficiency.

The Ethereum Foundation's support highlights the ongoing debate over privacy rights and legal challenges in the crypto space, impacting future regulations. The post Ethereum Foundation commits $1.25 million to aid Tornado Cash developer's legal defense appeared first on Crypto Briefing.

Cryptocurrency prices like Bitcoin, Ethereum, and Ripple stabilized on Wednesday after crashing by double digits a day earlier. These coins may benefit after the House of Representatives voted for the Trump budget with over $4.5 trillion of tax cuts.

This is the absurd story of a programmer in China who spent a fortune in Ethereum to send a shocking message.

Solana (SOL) has fallen through its bull market trendline. Is this the end of the current bull market for the highly technical layer 1 blockchain, or is there still the possibility of a recovery?

The leading global crypto exchange Binance has announced the removal of key trading pairs involving Binance Coin (BNB) and Ethereum (ETH). The exchange will cease trading for BNB/UAH and ETH/UAH pairs on February 28, 2025, citing low liquidity and trading volume.

Vitalik Buterin has called on researchers to join the Poseidon cryptographic analysis program as Ethereum explores the potential switch to the Poseidon hash function to enhance its zk-proof capabilities.

The second-largest cryptocurrency, Ethereum (ETH 1.61%), and the smaller chain originally designed to outcompete it, Cardano (ADA 3.37%), have both been decent investments for many people. And they could well continue to be, given their positions in the steadily expanding crypto sector.

Ethereum has dropped over 10% from the $2,550 resistance zone to around $2,300 but is now attempting a recovery, with potential for upward movement if it can break through the $2,500 resistance level.

Ethereum (ETH) is experiencing a challenging phase in the market as it continues to struggle amid bearish market conditions. On February 25, 2025, Ethereum's price dropped by a significant 10%, following a recent series of troubling events in the broader cryptocurrency market.

Bybit has secured a $600 million Ethereum (ETH) infusion from Mirana Ventures as it recovers from the $1.5 billion hack.

Solana's price continues to decline, with on-chain data indicating increased selling pressure and a major drop in on-chain activity.

The SEC's review of Grayscale's proposal to allow staking in its Ethereum ETFs represents a potential turning point for how regulated crypto investment products can participate in blockchain networks.

On Jan. 19, Solana (SOL 2.75%) hit a new all-time high of $294, and all lights were flashing green for 2025. The incoming Trump administration promised to make crypto great again, and Solana looked like it was going to be one of the biggest beneficiaries of the White House's new pro-business approach to crypto.

Ethereum's recent price swings have fueled a rise in downside hedging as fears grow over the potential liquidation of long positions.

Staking within ETFs could boost investor returns through passive income. The SEC's decision will set a key precedent for staking in regulated products.

Mirana Ventures deposited around $600 million worth of ETH into Bybit. Mirana Ventures acquired this ETH by selling $500 BTC and $100 USDT.

Find the Ethereum price prediction based on Ethereum's price movements, bullish technical indicators, and the impact of SEC's acknowledgment of Grayscale's Ethereum ETF staking proposal.

Ethereum's current price shows signs of weakness as market indicators point towards a possible decline to $2,000. The blockchain data shows downward signals through increasing token supplies while whale investment decreases. Rexas Finance continues to gain speed in the financial market by establishing an innovative position to transform the sector.

Solana has experienced a 50% price crash from its 2024 high, dropping to $142 amid a broader market downturn, meme coin scams, and an upcoming token unlock, leaving investors fearful about its next move.

Pi Coin has garnered significant attention due to its mobile mining model and strong community backing. However, with 2025 approaching, questions remain about its viability as an investment compared to established altcoins like Solana, Dogecoin, and Cardano. Experts cite its transition to open trading, regulatory challenges, and real-world adoption as critical hurdles.

Ethereum (ETH) has dropped nearly 10% in the past 24 hours, falling from $2,721 on February 24 to $2,313 earlier today. According to crypto analysts, $2,300 is the next critical support level – if ETH fails to hold this level, it could face further losses.

Amid the market retrace, Solana (SOL) saw a massive correction that dragged its price to a five-month low. If SOL fails to reclaim its key support levels, some market watchers predict the altcoin risks further bleeding.

Dogecoin has fallen below $0.20 for the first time in months, marking a significant drop of over 11% in the past 24 hours.

Bybit, one of the world's largest cryptocurrency exchanges, has received a $600 million Ethereum (ETH) deposit from Mirana Ventures following a $1.5 billion security breach that drained ETH-based assets from the platform.

The Ethereum Foundation has a new President following months of dissent that has shaken the crypto community and ETH prices.

Ethereum (ETH) price today is down -0.13% as it trades at $2,492. After an 18% crash in the past 48 hours, ETH price is stabilizing, anticipating a recovery.

Despite setbacks, bear markets, and other factors, Solana has maintained its position among the top-performing cryptocurrencies. However, its recent downtrend concerns investors, as the Solana (SOL) price has declined nearly 50% from its 2024 high of $264.

Bybit hackers have so far laundered a total of 135,000 ETH, valued at $335 million, which is close to one-third. The post Bybit Hackers Laundered $335M Worth ETH, One-Third of Total Stolen Funds: Report appeared first on Cryptonews.