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Cardano (ADA) held up well on Monday despite a sharp drop in the prices of other major cryptos like Bitcoin (BTC), with the crypto holding firmly above its 200DMA, a sign that bulls are still putting up a solid fight. The post Cardano Eyes 70% Surge – Hoskinson Takes Shots at Ethereum and Solana appeared first on Cryptonews.
Bybit hack: crypto exchange Bybit has received $600 million in Ethereum (ETH) deposits from Mirana Ventures following a $1.5 billion hack. The exchange had previously suffered a major security breach, resulting in a loss of ETH-based tokens.
Ethereum (ETH) is on the brink of a significant market shift, with more than $2 billion in short positions at risk of liquidation if the price climbs to $3,000. This potential liquidation could fuel a short squeeze, pushing Ethereum's price higher as short sellers rush to cover their positions.
Ethereum Foundation Executive Director Miyaguchi has stepped down to assume a new role as President.
Ethereum (ETH) has seen a sharp decline of over 14.30% in the last 24 hours, dropping to around $2,330 on February 25. This price plunge marks the lowest level for ETH since the beginning of the month and is driven by a mix of negative market sentiment and external factors.
The SEC's decision on Grayscale's Ethereum ETF staking proposal could set a precedent for future crypto investment products and regulations. The post SEC acknowledges Grayscale Ethereum ETF staking proposal, decision expected by May appeared first on Crypto Briefing.
Top Ethereum Foundation researchers including Vitalik Buterin, Justin Drake and Dankrad Feist discuss scaling Ethereum in Q&A.
Bybit has launched a dashboard for its bounty program, with CEO Ben Zhou declaring "war" on North Korean hackers linked to the theft.
As the new week begins, Ethereum (ETH)—the second-largest cryptocurrency by market capitalization—has seen a significant decline, dropping nearly 10% below the critical support level of $2,500. However, amidst this downturn, prominent crypto analyst Doctor Profit has identified four compelling bullish indicators that suggest Ethereum may be poised for a resurgence, potentially inching closer to its all-time high and even surpassing it.
Ethereum's Pectra upgrade faced finalization issues on Holesky testnet, delaying its expected rollout timeline.
Ethereum (ETH) is down almost 10% on February 25. This drop has pushed its market cap below $300 billion, marking the first time it has fallen to this level since early November 2024.
Amid recent pushback over the Ethereum Foundation's role in the ecosystem, Executive Director Aya Miyaguchi will leave the top job.
Aya Miyaguchi transitions from Executive Director to President of the Ethereum Foundation, focusing on institutional relationships and expanding Ethereum's vision, amid a broader governance shift and community scrutiny. The post Aya Miyaguchi Becomes President as Ethereum Foundation Reshapes Leadership appeared first on Cryptonews.
Last week, Bybit lost over $1.5 billion worth of ETH-based tokens in a malware attack orchestrated by Lazarus Group.
Developers failed to specify the correct smart contract address for Pectra Request Hash Calculations, causing the post-launch disruption and delaying finalization.
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin (CRYPTO: DOGE) $0.2079 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00001396 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52% and daily active addresses growing by 38.5%.
Investors' sentiment and confidence in Ethereum, the second-largest digital asset appears to be improving in spite of recent troubling market developments that have hamper its market dynamics. Key metrics show a substantial accumulation of ETH, reflecting its position as a leading asset in the ongoing cycle.
The Ethereum Foundation has appointed Aya Miyaguchi as president after her tenure as Executive Director. This transition comes amid community controversies and promises of a new leadership structure.
Uniswap's creator says that the SEC is closing its investigation without enforcement action, mirroring recent OpenSea and Robinhood moves.
The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.
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TL;DR Aya Miyaguchi will take on the presidency of the Ethereum Foundation after a process lasting about a year, amid criticism of her management. Despite the criticism over her lack of competitiveness and slow progress on scalability solutions, the Foundation and Buterin have highlighted her achievements.
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Bybit's chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ETH and Lido Staked Ether (stETH) from the crypto exchange last week. Bybit CEO Ben Zhou says the exchange has restored a 1:1 backing on all client assets after the record-setting hack.
