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cover-imageCryptonews
March 25, 2025

Analysts Say Ethereum Struggles as Competition Intensifies: FT

Ethereum faces growing competition from faster, cheaper blockchains as experts warn of declining momentum and investor interest. Analysts cite shifting activity to Layer 2 networks, weakening DeFi prospects, and rising speculative trends like memecoin trading as key challenges. The post Analysts Say Ethereum Struggles as Competition Intensifies: FT appeared first on Cryptonews.

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cover-imageThe Cryptonomist
March 25, 2025

Hacker attack on Abracadabra.Money: 13 million dollars in ETH stolen

Abracadabra.Money, a decentralized lending platform, experienced a cyber attack that resulted in the loss of approximately 13 million dollars in Ethereum (ETH). The attack, aimed at pools linked to GMX tokens, has raised questions about the security of the platform. However, GMX has denied any vulnerabilities in its smart contracts.

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