Latest news on Ethereum

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KelpDAO Sues LayerZero Over $292 Million rsETH Bridge Exploit

By David E | 5 hours ago

North Korean Hackers Blamed in Suit KelpDAO, a decentralized liquid staking protocol built on Ethereum, has filed a lawsuit against LayerZero and its CEO Bryan Pellegrino, following a massive exploit that drained 116,500 rsETH—valued at The...

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Bitmine’s Latest $75M Ether Buy Pushes Institutional Accumulation to New Heights

By David E | 4 days ago

Bitmine Edges Toward 5% ETH Ownership Bitmine Immersion Technologies (BMNR) has made another high-profile move in the crypto markets, purchasing 27,562 ether for approximately $75.2 million at Monday’s price of $2,727 per token...

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Bitmine’s Relentless ETH Buying Brings It Within Reach of 5% Supply

By David E | 2 weeks ago

Bitmine Nears 5% Ethereum Milestone Bitmine Immersion Technologies is closing in on a landmark: controlling 5% of all Ethereum in existence...

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Bitmine’s Relentless Ethereum Accumulation Raises Stakes for Crypto Markets

By Loic Dos Santos | 1 month ago

Bitmine’s Ethereum Bet Keeps Growing Bitmine Immersion, under the leadership of Tom Lee, has quietly become one of the largest holders of Ethereum, amassing a staggering 5.82 million ETH tokens as of this week...

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Fidelity Moves to Add Ethereum Staking to Its ETF, Shifting U.S. Crypto Fund Landscape

By Loic Dos Santos | 1 month ago

Investors Eye Quarterly Staking Payouts Fidelity Investments has filed to amend its spot Ethereum ETF, the Fidelity Ethereum Fund (FETH), seeking approval from the U.S...

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We checked: Did the Drift Protocol hack shake Ethereum three months later?

By Loic Dos Santos | 2 months ago

What our earlier coverage warned Our earlier coverage described how the Drift Protocol exploit on Solana led to the loss of more than $270 million in under a minute, after an attacker manipulated Solana’s “durable nonces” and tricked.....

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Ethereum Foundation Exodus Intensifies as Funding Crisis Looms

By Loic Dos Santos | 3 months ago

Leadership Vacuum Deepens at Ethereum Foundation The Ethereum Foundation is facing a wave of high-level departures, with co-executive director Hsiao-Wei Wang announcing her resignation effective immediately after a recent sabbatical...

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Bitmine Defies Slowdown Talk With $237M Ethereum Buy as Index Inclusion Looms

By David E | 4 months ago

Bitmine Bucks Trend With Mega Buy Bitmine Immersion Technologies made headlines last week by acquiring 111,942 ether (ETH), a purchase valued at roughly $237 million based on prevailing prices...

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Arbitrum DAO and Aave Move Closer to $71M ETH Recovery Amid North Korea Hack Dispute

By David E | 4 months ago

Judge’s Order Sets Recovery in Motion A federal judge in Manhattan has cleared a critical legal hurdle for Aave and its partners to recover $71 million in ether frozen after the high-profile rsETH exploit...

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Ethereum Foundation Sells $47 Million in ETH to BitMine as Treasury Strategy Evolves

By Loic Dos Santos | 4 months ago

Third OTC Deal in Recent Weeks The Ethereum Foundation has finalized its third over-the-counter (OTC) sale of ether (ETH) to BitMnie Immersion Technologies, transferring 10,000 ETH at an average price of $2,292 per coin...

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Ether Machine and Dynamix Scrap $1.6 Billion SPAC Merger Amid Market Turbulence

By Loic Dos Santos | 5 months ago

$1.6 Billion Deal Unwinds Quietly A high-profile $1.6 billion merger between Dynamix Corporation and The Ether Machine has officially collapsed, with both companies citing unfavorable market conditions as the primary reason for their mutual.....