Ethereum | Crypto

HyperDrive DeFi protocol suffered a $773,000 exploit affecting two accounts in its Treasury Bill market with stolen funds split between BNB Chain and Ethereum networks through bridge transfers, as the attacker exploited an arbitrary call vulnerability in the router contract stealing 672,934 USDT0 and 110,244 thBILL tokens. The post Hyperliquid’s HyperDrive DeFi Loses $773K in Account Compromise, Funds Bridged to BNB Chain and Ethereum appeared first on Cryptonews.

Ethereum’s developers have approved a plan to lift the network’s gas limit to 60 million during the impending Fusaka upgrade. On Sept. 25, Ethereum Foundation contributor Tim Beiko confirmed that the decision was reached during the All Core Devs Execution (ACDE) #221 call. He also revealed that Fusaka’s testnet activations will begin in October, with […] The post Ethereum set to boost gas limit to 60 million in upcoming Fusaka upgrade appeared first on CryptoSlate.

Top markets on Myriad this week include price predictions on Ethereum and Solana, and the next stop for Pudgy Penguins culture coin, PENGU.

REX-Osprey has launched the first US exchange-traded fund designed to pair spot Ethereum exposure with staking rewards. Announced on Sept. 25, the new product trades under the ticker ESK and is registered as a 1940 Act ETF, giving investors access to Ethereum through a familiar regulatory framework. The ESK fund blends spot ETH holdings with […] The post REX-Osprey unveils first Ethereum staking ETF amid cooling investor appetite appeared first on CryptoSlate.

SharpLink, one of the world’s largest public holders of ETH, has notified the SEC of its plans to tokenize its common stock on Superstate’s Open Bell tokenization platform. SharpLink Gaming, one of the world’s biggest public holders of Ether, announced plans to tokenize its common stock on the Ethereum blockchain. SharpLink has partnered with the financial technology firm Superstate to tokenize its Nasdaq-listed stock SBET through Superstate’s Open Bell tokenization platform, the company said Thursday. “Tokenizing SharpLink’s equity directly on Ethereum is far more than a technological achievement — it is a statement about where we believe the future of the global capital markets is headed,” SharpLink co-CEO Joseph Chalom said. Read more

ETH’s breakdown from a key chart pattern can now lead to more losses for Ether price, targeting the $3,600–$3,400 zone in the short term. Key takeaways: One ETH trader lost $36.4M in a single liquidation, cementing over $45M in total losses. Ethereum now faces heavy long liquidation clusters at $2,370–$2,500. Read more

Bitcoin, Ethereum, and Solana made up the lion's share of liquidations as the crypto market took a dive Thursday morning.

Ethereum has slipped to its lowest level in nearly two months, marking a sharp reversal after weeks of steady accumulation and new all-time highs. According to CryptoSlate data, ETH briefly fell to $3,993 on Sept. 25 before recovering slightly to trade around $4,030 at press time. The decline reflects a 4% daily drop and caps […] The post Ethereum dips below $4,000 sparking $183 million losses for traders appeared first on CryptoSlate.

GSR submitted filings for five crypto-focused exchange-traded funds (ETFs) to the Securities and Exchange Commission on Sept. 24, tracking the performance of digital asset treasury (DAT) companies and Ethereum (ETH) staking. The Digital Asset Treasury Companies ETF aims to achieve total return by investing in equity securities of companies that hold digital assets in their […] The post GSR files 5 crypto ETFs tracking treasury companies, Ethereum staking appeared first on CryptoSlate.

Jiuzi Holdings announced plans for a $1 billion crypto treasury focused on Bitcoin, Ethereum, and BNB—garnering mixed signals from investors.

Solana is underperforming Bitcoin, Ethereum, and XRP this week as analysts cite deleveraging pressure, priced-in corporate purchases, and upcoming FTX distributions.

Growing Wall Street crypto adoption and agentic AI platforms may catalyze a “supercycle” for Ethereum, according to BitMine, the largest corporate holder of Ether. Update Sept. 24, 1:07 p.m. UTC: This article has been updated to include quotes from Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. The cryptocurrency market may experience its first extended cycle due to more institutional capital and trading products in the Web3 industry, making digital asset investments more accessible. Some investors predict a crypto “supercycle” that may invalidate the theory of the four-year crypto market cycle related to the Bitcoin (BTC) halving, and see digital asset valuation rise beyond this historic time frame. Read more

Market experts eye a bullish October for Ethereum despite market fear.

Neal Stephenson’s Lamina1 teamed up with Consensys’ Linea to launch Spaces, a platform for creator-owned IP and interactive storytelling on Ethereum. Lamina1, the blockchain content platform co-founded by sci-fi author Neal Stephenson and tech and creative leader Rebecca Barkin, has partnered with Consensys’ layer-2 network Linea to bring creator-owned media to Ethereum. The collaboration aims to change digital storytelling by giving creators control over their intellectual property and a direct channel to their communities, according to an announcement shared with Cointelegraph. The partnership includes investments from Joe Lubin, co-founder of Ethereum and CEO of Consensys, as well as Systemic Ventures. “Neal Stephenson is one of the leading figures in cyberpunk,” Lubin said. “Lamina1 is now perfectly positioned to be at the forefront of the onchain revolution in content creation,” he added. Read more

Ethereum treasury firm BitMine Immersion now holds over $10 billion in ETH, or 2% of the total supply, following its latest buy.

Ethereum co-founder Vitalik Buterin believes the network’s long-term sustainability may depend on an unlikely hero — low-risk decentralized finance protocols. The post Vitalik: Low-Risk DeFi Could Be Ethereum’s Google Search appeared first on Cryptonews.

Vitalik Buterin said low-risk DeFi protocols can bring in stable revenue for the network, like how Google Search does for Google, but while also ensuring Ethereum’s core values remain intact. Ethereum co-founder Vitalik Buterin said revenue from low-risk decentralized finance protocols could give the network economic stability — much like Google Search supports Google — while letting nonfinancial apps uphold Ethereum’s cultural values. Low-risk DeFi could address “important tensions” in the Ethereum community over whether apps that bring in enough revenue to economically sustain the ecosystem align with the cultural and ethical values that brought people to Ethereum in the first place, Buterin said in a blog post on Saturday. The former has been a combination of nonfungible tokens, memecoins, and speculative trading, while the nonfinancial and semifinancial apps that reflect Ethereum’s cultural values have either struggled to gain widespread adoption or haven’t generated enough fees, he said. Read more

Ether’s road to $5,000 looks clear, especially if TradFi adoption and spot ETH ETF inflows continue at their current pace. Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs' growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Read more

A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim […] The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared first on CryptoSlate.

Ethereum co-founder Vitalik Buterin has weighed in on the growing concerns over the network’s staking exit queue, which has now stretched to more than six weeks. In a Sept. 18 post on X, Buterin framed the process as a deliberate design choice rather than a flaw, comparing it to the discipline of military service. According […] The post Vitalik Buterin defends 43 day Ethereum staking exit queue as $11.3B waits in line, what breaks next appeared first on CryptoSlate.