Ethereum researcher Justin Drake warns AI math advances could break crypto wallet security, urges 'bunker mode'
Drake says AI, not quantum computing, may be the nearer-term threat to private keys and encryption, prompting calls for contingency planning.
Cryptoslate · +8 outlets
Tom Lee says Bitmine will soon stop buying ETH, capping holdings at 5% of supply
The treasury company's multi-billion ETH accumulation run is ending as it converts its target into a hard cap, weighing on ETH and its own shares.
Cointelegraph · +9 outlets
Ethereum falls below $2,500 as crypto selloff wipes hundreds of millions in long liquidations
An oil shock from Iranian tanker attacks hit risk assets, with over $487M in crypto longs liquidated and layer-2 tokens leading ETH losses.
Cryptoslate · +9 outlets
US spot Ethereum ETFs record $206M outflows as ETH slides toward $2,500
Institutional demand for ETH ETFs weakened sharply, with one weekly outflow the largest in three weeks, even as derivatives traders kept selling.
Cryptoslate · +2 outlets
Pudgy Penguins' Abstract becomes second Ethereum layer 2 to shut down in a week
Abstract is winding down after losing tens of millions of dollars, with Blast also closing, adding to concerns about L2 economics and consolidation.
CoinDesk · +14 outlets
SEC approves first 3x bitcoin and ether funds, clearing US regulatory hurdle
The leveraged ETF approvals land even as the CLARITY Act market-structure bill is declared dead, marking a notable crypto product expansion.
Yahoo Finance · +11 outlets
Vitalik Buterin unveils 'Lean Ethereum' rebuild spanning 3-4 years
The Ethereum co-founder outlined a long-term architectural overhaul as the network also progresses its Glamsterdam upgrade.
CoinMarketCap · +4 outlets
Ethereum's Glamsterdam upgrade launches on Sepolia testnet with last-minute fix
Sepolia is one of the final major rehearsals before Glamsterdam mainnet activation, which targets greater efficiency and scalability.
Cointelegraph · +14 outlets
Bitcoin drops to $84K as oil rally hits crypto, layer-2 tokens lead losses
Bitcoin briefly slid below $84,000 with $487M in long liquidations as cost bases pointed to resistance near $88,000.
CoinDesk · +1 outlets
OKX raises at flat $25B valuation from Standard Chartered, Circle and Ripple
The exchange drew strategic investment from TradFi and crypto firms as it pushes beyond its exchange roots into stablecoin and consumer offerings.
Decrypt News · +8 outlets
Ethereum Economic Zone runs first atomic L1-to-L2 transfer on mainnet
An EEZ contributor demonstrated a 0.001 ETH cross-chain transaction as the project builds a framework to connect mainnet and rollups.
Cointelegraph · +8 outlets
US government moves over $100M in seized bitcoin and BNB, sale not confirmed
The transfer of seized crypto drew market attention, though officials have not said whether the assets will be sold.
Decrypt News · +10 outlets
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The bank's discussions with Payward signal continued TradFi interest in sourcing crypto market liquidity.
CoinDesk · +14 outlets
Robinhood adds $25 million of bitcoin to its balance sheet
The brokerage deepened its crypto push with a modest BTC treasury purchase as its stock fell with the broader market.
CoinDesk · +14 outlets
Ethereum staking exit queue hits record high as order books thin
ETH beat bitcoin over the quarter but thin liquidity and a record staking withdrawal queue signaled caution among holders.
Yahoo Finance · +9 outlets
Grayscale says crypto ETF market entering new phase as Zcash ETF tops $1 billion
Grayscale's comments came alongside a Winklevoss bid for a Zcash ETF, underscoring the expanding crypto ETF landscape.
The Block · +14 outlets
Europol urges phased shift to post-quantum security to protect exposed crypto wallets
The EU law enforcement agency warned that quantum threats to crypto wallet security require graduated migration planning.
CoinDesk
Ethereum tests 200M gas limit as $165M in longs get wiped
The gas limit test is part of Ethereum capacity scaling efforts while leveraged longs faced heavy liquidations.
TradingView · +1 outlets