Galaxy Digital, the crypto investment firm headed by Michael Novogratz, has made a series of large Ethereum transfers to Binance, totaling more than $40 million over a three-day span.

After a minor upswing, the markets have scrambled back under bearish influence as Bitcoin slides close to $83,000. Despite this, the Ethereum price stands strong above $1500 and defends the support, suggesting greener days could be fast approaching.

Ethereum's push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world's second-largest cryptocurrency, according to a new report from Binance Research.The report suggests that Ethereum's L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may be cannibalistic of the Ethereum base layer, negatively impacting the price of Ether (ETH). Ethereum's dominance in terms of decentralized exchange (DEX) volume and fees generated is “under threat” by Solana and BNB Smart Chain, Binance Research wrote.

Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH's fortunes might be about to turn.

Ethereum's price has struggled to recover, hovering around the $1,700 mark over the last few days. Despite attempts to break higher, ETH has failed to gain significant momentum.

The notion that more openness is always a good thing, he said, is based on outdated assumptions. Buterin anticipates that the need for privacy will only grow in tandem with the advancement of technology.

ZKsync and KiloEx are responding to separate security incidents involving a combined loss of over $12 million, as both platforms work with partners to recover funds.

Ethereum (ETH) continues to hold a crucial support level after recovering from last week's correction. Its recent bounce from historical demand zones has led some analysts to suggest that the altcoin is gearing up for a breakout.

Ethereum's downtrend has paused at the critical $1.5K support zone. While this level may continue to provide short-term stability, a breakdown below it could initiate a sharp decline toward the $1K region.

Hacks are, unfortunately, rather common in crypto. However, a hack of the airdrop funds is rather unusual.

Ethereum falls below $1,600 to $1,577 after hitting $1,690, while maintaining ecosystem strength with $1 billion in Q1 DApp revenue.

A ZKsync admin account was compromised on April 15, which allowed an attacker to mint about $5 million worth of unclaimed ZK tokens.

Galaxy Digital, the cryptocurrency investment company led by Michael Novogratz, has sent 25,000 Ethereum tokens to Binance exchange in the last three days. The huge transfer of digital assets, which amounts to more than $40 million, occurs just a short while after the company resolved a large market manipulation lawsuit.

Official Trump (TRUMP) developers drained $4.6M USDC from the liquidity pool, bridging the proceeds to Ethereum.

The world's largest altcoin might be on the lookout for some key catalysts.

Ethereum price started a fresh decline from the $1,690 zone. ETH is now consolidating and might decline further below the $1,580 support zone.

In Q1 2025, Ethereum solidified its leading position in the decentralized application (DApp) platform sector, generating $1.021 billion in fee revenue.

Ethereum price plunges below $1,600 on Tuesday, with ETH conceding more ground to BTC amid multi-chain expansion and rising macro pressure. With ETH price at risk of a potential slide to multi-year lows, here are key levels traders must watch in the days ahead.

On April 15, 2025, ZKsync confirmed that $5 million worth of ZK tokens were stolen after an admin wallet linked to the project's airdrop contracts was compromised.

Ethereum has re-entered a multi-year trading range, showing continued weakness with no signs of bullish momentum.

A hacker compromised a ZKsync admin account on April 15, minting $5 million worth of unclaimed airdrop tokens, according to a statement from the official ZKsync X account. The attack was described as isolated, with no user funds affected.Following an investigation, ZKsync detailed the incident on April 15, disclosing that the compromised account had administrative control over three airdrop distribution contracts.

ZKsync's admin account was hacked, stealing $5M in tokens. The project confirms user funds are secure.

Ethereum is trading above the $1,600 mark after a turbulent period marked by heightened volatility and growing uncertainty surrounding global trade policies. As US President Donald Trump's tariff measures continue to shake investor sentiment, crypto markets have struggled to find direction.

Tron attracts $1.52B in stablecoins, while Ethereum experiences $1.02B outflows, signaling a major shift.

Peter Brandt does not hold back when it comes to Ethereum, the industry's second-largest crypto by market cap, as the legendary trader has been vocal about his skepticism for years, and he is not changing his tune now.

EtherFi CEO Mike Silagadze joins Consensus Hong Kong to discuss the state of Ethereum amid fierce competition and the long-term vision for the blockchain. - This content should not be construed or relied upon as investment advice.

Major cryptocurrencies are in the red as macro uncertainty and trade war tensions weigh on sentiment. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,157.00 -1.2% Ethereum (CRYPTO: ETH) $1,609.19 -2% Solana (CRYPTO: SOL) $128.50 -1.8% XRP (CRYPTO: XRP) $2.12 -1.7% Dogecoin (CRYPTO: DOGE) $0.1554 -3.5% Shiba Inu (CRYPTO: SHIB) $0.00001183 -2.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 28.6% and daily active addresses growing by 19%.

The protocol said that all user funds were safe.

Ethereum price is witnessing different predictions about its next move, with some forecasting a “most hated rally” while others point to bearish signals. The multiple analyses come as ETH's market share approaches all-time lows.

In today's episode of CNBC Crypto World, bitcoin trades around $85,000 amid mixed crypto markets. Also, some crypto exchanges, including Binance, were temporarily disrupted by an Amazon Web Services outage.

Ethereum is always in the conversation, and doesn't need the additional “marketing” in D.C., say the network's top political advocates.

Ethereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK tokens. The breach, which targeted the platform's smart contract infrastructure, has been acknowledged by the protocol through a post to the social media platform X.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

A compromised admin account connected to ZKsync's airdrop contracts executed a transaction that minted approximately $5 million worth of ZK tokens, stealing the remaining unclaimed allocation from the network's first token distribution. The attacker exploited a function to claim the tokens on April 15 and issued around 111 million ZK tokens, equivalent to roughly 0.

ZKsync confirms that approximately $5 million in airdrop tokens were stolen due to a compromised admin account.

ETH is trading at ~$1,600 today.

TL;DR ZKsync suffered a cyber attack that compromised an admin account, stealing around $5 million in ZK tokens from unclaimed airdrop funds. The protocol ensured that user funds are safe and were unaffected, maintaining the integrity of the contracts and the ZK token. The attack caused a 8.3% drop in the price of ZK.

Leading altcoin Ethereum has seen its price climb 5% over the past week, riding the wave of a broader market recovery. This price growth has reignited demand for the altcoin, particularly among US-based ETH retail traders, as indicated by on-chain data.

Ethereum (ETH) is showing signs of stabilization after weeks of downside volatility, as a newly formed upward trendline on the daily chart suggests the $1,600$1,700 range may act as a key support zone. The formation of higher lows points to a potential bullish shift in sentiment, indicating renewed accumulation among market participants.

ZKsync confirmed that a compromised admin account drained approximately $5 million worth of ZK tokens from its airdrop contract.

On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness.

ZKsync announced that one of its admin accounts, which controlled $5 million worth of ZK tokens, was hacked. The project has also reportedly dumped more than 66 million additional tokens.

The ZK token, introduced in June 2024 through a controversial airdrop, is down approximately 15%, according to The Block's data page.

The exploit highlights vulnerabilities in crypto airdrop security, potentially undermining investor confidence and impacting market stability. The post ZKsync's ZK token drops over 15% after airdrop contract exploit, $5 million stolen appeared first on Crypto Briefing.

Cryptocurrencies like Bitcoin, Ethereum, and Ripple held steady on Tuesday as the mood in the market improved after tariff reprieve. However, these coins may be affected by the performance of the stock market after the S&P 500 index formed the first death cross pattern since 2022.

Ether's (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100.Ethereum's market dominance keeps falling On April 9, Ethereum's market dominance, or the measure of Ether's share of crypto's overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph Markets Pro and TradingView data. This value was merely a hair's breadth above the all-time low of 7.09% reached in September 2019.

An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens.