Ethereum upgrades, layer-2 rollups, staking, and the wider EVM ecosystem. 165 stories curated by CryptoCatalyst.
Taiko halted its Ethereum layer-2 network after a bridge exploit drained $1.7 million. An attacker forged withdrawal proofs, the same type of flaw behind this year's biggest bridge hacks. Fast containment limited damage. Taiko's token dropped about 10%.
A criminal group with ties to fentanyl distribution has been accused of running a crypto scam using a fake 'zksync.jp' token, causing over $1 million in losses. The scheme originated from Japan and targeted crypto users worldwide, highlighting the intersection of drug trafficking and digital fraud.
Chainstack has launched a free tool to make running blockchain nodes easier. The software supports Ethereum and plans to add more chains by the end of the year.
The largest 'sandwich' bot on Ethereum, which itself front-runs trades to profit, was ironically exploited and drained of $7.5 million. The incident underscores the risks in DeFi, even for sophisticated automated tools.
Morgan Stanley has filed amendments for Ethereum (ETH) and Solana (SOL) ETFs, indicating progress in the approval process. The proposed fees are the lowest in the market, potentially making these ETFs more attractive to investors.
Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, has resigned. This follows the departure of fellow co-executive director Tomasz Stańczak, marking the latest in a string of high-profile exits at the foundation.
Former Ethereum Foundation contributor VanEpps warned that Ethereum could face a core development funding crisis within 3-9 months after the Critical Infrastructure Program (CIP) expired.
Hsiao-Wei Wang, co-executive director and board member of the Ethereum Foundation, has resigned. This follows other recent high-profile departures, including former co-executive director Tomasz Stańczak and several Protocol cluster leads, raising questions about the organization's future direction.
Ethereum's biggest protocol upgrade in years, Glamsterdam, has entered its final development stage. Developers are now testing a version of the fork in a closed environment, marking a critical milestone before the upgrade goes live.
BitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges.
Bitmine, an Ethereum-focused firm led by Tom Lee, has added $136 million worth of ether to its treasury after raising $274 million through a preferred stock sale. The financing method was inspired by Michael Saylor's bitcoin treasury firm, Strategy.
The SPHINCS- proposal aims to reduce the cost of post-quantum signature verification on Ethereum while the network works toward a longer-term solution.
Demand for ETH leverage remains low, but corporate accumulation and stakers’ dedication may prevent an Ether price crash to $1,500.
Wall Street is moving beyond initial crypto experiments and diving deeper into Ethereum, according to Vivek Raman, cofounder of Etherealize. The infrastructure is in place, but widespread adoption hasn't yet boosted ETH's value as expected.
Ethereum co-founder Joe Lubin believes the network could become fully based on zero-knowledge proofs (ZKPs) within 3-5 years. He argues this is necessary to meet the infinite demands of Ethereum as a 'World Computer,' making Layer 2 solutions essential.
Citi analysts warn that Bitcoin's security could be at greater risk from quantum computing than Ethereum's. The concern stems from Bitcoin's reliance on elliptic curve cryptography, which may be more vulnerable to quantum attacks.
Ethereum developers are revisiting privacy as a priority, exploring new token standards to enhance user anonymity. This could lead to more private transactions on the blockchain, benefiting users concerned about financial privacy.
Circle has introduced cirBTC, a new token backed 1:1 by Bitcoin, allowing users to access DeFi protocols on Ethereum. This move directly challenges Coinbase's dominant position in the wrapped Bitcoin market.
A wallet linked to Ethereum co-founder Joseph Lubin transferred 110,000 ETH to secure a $259 million DAI debt. Analysts say this is a defensive move to reduce liquidation risk, not a sale.
Joseph Lubin, co-founder of Ethereum, transferred 80,001 ETH (worth ~$121.6M) from a wallet that had been inactive for over three years. The wallet still holds approximately 243,300 ETH (~$370M). The tokens have not yet been deposited into any known exchange.
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Ethereum co-founder Vitalik Buterin has proposed a new model for synthetic assets that avoids liquidation risks and relies on slower, more reliable oracles. This could make decentralized finance (DeFi) platforms more stable and less dependent on real-time price feeds.
The Kelp DAO hacker has laundered nearly all of the remaining stolen funds, making recovery unlikely. Only $71 million, frozen by Arbitrum’s Security Council, remains from the original $293 million exploit.
Ethereum co-founder Vitalik Buterin has suggested a new way to protect DeFi users from market crashes using options contracts instead of debt-based structures. This could make decentralized finance more resilient during extreme market downturns.