Ethereum
The value of NORMIE plummeted 99% within minutes after an exploiter took advantage of a flaw in its smart contract. According to one developer’s analysis, the so-called attack has all the makings of an inside job.
The Uniswap Foundation disclosed that it holds $41.41 million in fiat cash and stablecoins on hand with an estimated runway through the end of 2025.
DeFi
After a series of incidents last winter that showed the risks to Ethereum of a supermajority client, the node operators of the largest decentralized staking protocol have now shifted to running more non-Geth clients.
ETH spot ETFs without staking rewards could give a financial boost to direct stakers and balance Ethereum’s staking ratio.
The growth in distinct addresses on Ethereum L2s shows that Ethereum’s scaling strategy is working.
Spot ETH ETF approval has galvanized the Ethereum community. But if outflows from Grayscale’s ETHE outweigh inflows to the ETFs, how could that impact the price of ETH?
It was meant to be a watershed moment for the industry, but crypto markets turned negative after the SEC approved regulatory filings that brings spot ether ETFs one step closer to trading.
Business
With ETH ETFs getting the green light, the race heats up: Will Solana, Dogecoin, XRP, or Litecoin be next?
One whale has withdrawn about $13.6 million worth of PEPE from crypto exchange Binance since the fortunes of the ETH ETF approval reversed.
The decision comes during a week when numerous NY-based members of Congress have voted for bills at odds with the SEC.
