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The largest cryptocurrency by market capitalization has long expanded beyond its own industry and has maintained a place within the top largest assets by that metric for a while.Its latest price surge recorded earlier this week allowed it to create history by charting a new all-time high close to $1…
What was the $243 million social engineering crypto scam? Social engineering attacks are a potent weapon that scammers use to compromise crypto wallets and steal funds from victims. Court documents reveal that this was the tactic used to target the Gemini creditor in this case.In August 2024, abou…
As the price of Bitcoin skyrocketed to new highs last week, U.S. spot Bitcoin ETFs reached a new high of over $158 billion of total net asset value. Thursday and Friday saw the funds take in a combined $2.21 billion in inflows, with $1.18 billion on Thursday and $1.03 billion on Friday, according to…
Truth Social, the social media arm of Trump Media & Technology Group, has teased a "utility token" it plans to reward users as part of a TV streaming subscription package.Trump Media has begun beta testing its new "Truth+" subscription, called the "Patriot Package," it announced on Wednesday in a po…
US spot Bitcoin exchange-traded funds (ETFs) have just crossed $50 billion in net inflows, just 18 months after their inception in January 2024.BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the charge with a net inflow of $53 billion, whereas the Fidelity Wise Origin Bitcoin Fund (FBTC) saw the s…
The decentralized perpetuals exchange GMX suffered a $42 million exploit Wednesday morning.GMX confirmed GMX V1's GLP pool on Arbitrum experienced an exploit this morning. The team disabled GMX V1 trading, as well as minting and redeeming GLP, on both Arbitrum and Avalanche "to prevent any further a…
Why Germany’s banking giants are moving into crypto In a move set to redefine EU finance, some of Germany’s most powerful banks are entering crypto — on their own terms.Deutsche Bank, with more than 1.6 trillion euro ($1.9 trillion) in assets under management, and the Sparkassen-Finanzgruppe, whic…
Eigen Labs, the blockchain company behind the EigenLayer protocol that pioneered the crypto restaking feature on the Ethereum (ETH) network, has sent home 29 employees, which represents 25 percent of its workforce. The company made the strategic move to reorient and shift its focus to the research …
Data shows the US Ethereum spot ETFs have seen net inflows for eight consecutive weeks now, a sign of continued institutional demand.Ethereum Spot ETF Netflow Remains PositiveIn a new post on X, the on-chain analytics firm Glassnode has shared an update on how the weekly netflow for the US spot exch…
Ethereum price started a fresh increase above the $2,520 zone. ETH is now back above $2,550 and might soon aim for more gains.Ethereum started a fresh increase above the $2,550 level.The price is trading above $2,565 and the 100-hourly Simple Moving Average.There was a break above a key bearish tren…
Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have put forward EIP-7983, which aims to introduce a protocol-level cap on transaction gas usage to increase network security and performance.The proposal sets a maximum gas limit of 16.77 million (2²⁴) for individual transactions. …
It looks like Ethereum is setting the stage for a possible surge toward the psychologically significant $3,000 mark. Ethereum has developed a narrow consolidation range above the crucial support cluster at $2,400 over the last few weeks. This level has continuously served as a launching pad for upwa…