Ethereum

A collection of 47 posts

Strategic Bitcoin Reserve

Data Indicates U.S. Government Holds Bitcoin, Ethereum, Tether, and More, in $17 Billion Portfolio

Recent data from crypto intelligence firm Arkham reveals that the U.S. government currently holds an impressive $17.54 billion in cryptocurrencies, a figure tracked on their dashboard under their "U.S. Government" entity. This substantial portfolio likely stems from criminal investigations, forfeiture proceedings, and similar activities where

Bitcoin

How Bhutan’s $1 Billion Bitcoin Reserve Powers Public Services and Sustainability

In a recent interview with Al Jazeera, Bhutan’s Prime Minister Tshering Tobgay shared details about the country’s innovative approach to Bitcoin and crypto, revealing that its strategic Bitcoin reserve, now valued at over $1 billion, plays a central role in funding essential public services. The small Himalayan nation

Crypto

David Sacks Sells Crypto Holdings Before Joining Trump Admin as Crypto Czar

In a move that underscores a commitment to transparency, David Sacks, recently appointed as Donald Trump’s AI and crypto czar, says that he has sold off all his cryptocurrency holdings. The decision to sell includes digital assets he held such as Bitcoin, Ethereum, and Solana, according to a social

National Stockpile

Trump Announces Plan for U.S. Crypto Reserve Stockpile Featuring Solana, Cardano, and XRP

In a Truth Social post today, President Donald Trump outlined an ambitious vision for the United States to cement its position as a global leader in the cryptocurrency sector. Trump announced that a U.S. Crypto Reserve is still in the works, a move he claims will revitalize an industry

Roger Ver

Ethereum Founder Vitalik Buterin Voices Support in Roger Ver Tax Case

Vitalik Buterin, co-founder of Ethereum, publicly criticized the potential life sentence facing Roger Ver over alleged nonviolent tax offenses. Buterin described the case as politically driven and the punishment as wildly disproportionate to the accusations. His comments add a significant voice to an ongoing debate that has already captured attention

Markets

Four Reasons Why Bitcoin and Crypto Prices Are Crashing

The crypto market is in freefall, delivering a gut punch to investors as prices cratered on Tuesday. Bitcoin, Ethereum, Solana, and a bunch of other digital currencies nosedived by as much as 15%, shadowing a global slump that’s gripped stock markets as well. Crypto exchanges watched helplessly as $1.

Hack

$1.5 Billion Bybit Exchange Hack the Work of North Korean Hacker Group Lazarus

In a stunning revelation, blockchain security expert ZachXBT has cracked the case of a monumental $1.5 billion hack targeting Bybit, one of the industry’s leading crypto exchanges. ZachXBT, a name synonymous with transparency and relentless investigation in the crypto space, revealed that he submitted definitive proof to solve

Ethereum

Ethereum Price Nosedives After Bybit’s $1.5 Billion Security Breach

The Ethereum price took a significant hit today, suffering sharp declines following a massive security breach at the Bybit exchange that resulted in losses estimated at $1.5 billion. The news has exposed lingering weaknesses in centralized platforms and rattling investor confidence. Bybit’s CEO addressed the situation, confirming that

Breaking News

Bybit Crypto Exchange Hack Confirmed, $1.5 Billion On The Move

BREAKING: A staggering $1.5 billion in Ethereum is being transferred from Bybit, one of the world’s leading crypto exchanges, to an unknown wallet. The news, first highlighted by crypto researcher ZachXBT, is raising urgent questions about the security of Bybit’s hot wallet and the safety of users’

Bitcoin

Bitcoin Plummets to $93K Amid Crypto Market Downturn

The crypto market took a significant hit on Tuesday, with Bitcoin leading the charge downwards, dipping below $95,000 to reach its lowest point since early February. Currently priced at $93,442, Bitcoin's decline of nearly 2% daily and over 2% weekly might not seem drastic, but it

Stablecoin

Former Tether CEO Unveils Yield-Bearing Stablecoin Rival Set for Ethereum and Solana Launch

Reeve Collins, a name tied to the very roots of the stablecoin world, is stepping back into the spotlight with a fresh venture. As one of Tether original founders, Reeve Collins is now gearing up to launch his own stablecoin under the Pi Protocol banner, according to a report from

Ethereum

Why Ethereum Validators Need to Update Geth Now to Avoid Financial Risks

The Ethereum Geth client, a cornerstone of the blockchain’s infrastructure, recently sounded the alarm for validators running version 1.15.1. The message from the developers was clear and urgent — update to version 1.15.2 without delay to sidestep potential financial risks. This isn’t just a routine

Ethereum

Ethereum User Burns Millions in ETH to Expose Alleged Brain Control Conspiracy

In a series of shocking and unprecedented transactions on the Ethereum blockchain, a user has not only burned over 600 ETH to send cryptic warnings about "brain control" but also donated millions in ETH to WikiLeaks, aiming to spread awareness about what they describe as sinister technological manipulations.

World Liberty Fi

Donald Trump’s World Liberty Financial Unveils Macro Strategy, Crypto Token Reserve Fund

Donald Trump and Trump family’s World Liberty Financial (WLFI) has introduced “Macro Strategy”, an initiative designed to bolster the stability and growth of the crypto market. Clearly the name is an ode to Michael Saylor’s MicroStrategy. This strategic shift marks a pivotal moment in WLFI's journey,

Bitcoin

Hong Kong Investment Visa Now Allows Bitcoin and Ethereum as Wealth Indicators

Hong Kong has ushered in a new era for cryptocurrency enthusiasts by recognizing Bitcoin and Ethereum as valid proof of wealth for its prestigious investment visa program. The city's New Capital Investment Entrant Scheme has been updated to allow prospective investors to showcase their financial strength using these

Ethereum

Ethereum Raises Gas Limit for First Time Since Proof-of-Stake to Scale Transaction Capacity

Ethereum has just made a strategic move in its ongoing quest for scalability, increasing its gas limit beyond the long-standing cap of 30 million for the first time since transitioning to its proof-of-stake consensus mechanism. This adjustment, driven by a consensus of over 50% of validators, signals a significant step

Ethereum

Ethereum’s MicroStrategy Clone Stumbles Out of the Gate

Ether Strategy is an Ethereum based project aiming to replicate the success of Michael Saylor’s MicroStrategy, a company that has famously leveraged its balance sheet to amass an $86 billion Bitcoin war chest. Ether Strategy’s vision is bold, promising to create an on-chain equivalent where users could deposit

Exchange

Kraken Exchange Reintroduces Staking for Ethereum, Solana, Cardano in the U.S.

Kraken, a leading name in the crypto exchange space, has announced the launch of a new onchain staking product tailored for clients in 37 states and 2 territories across the United States. This move allows U.S. clients to once again contribute to the security of various blockchain networks by

Ethereum

Venice AI Token on Ethereum Layer 2 Base Surges to $1.6 Billion Valuation

Venice AI made headlines with the launch of its native token VVV, on Ethereum's layer-2 network, Base. This privacy-focused artificial intelligence platform, spearheaded by Erik Voorhees, a notable figure in the Bitcoin and crypto community, achieved a staggering fully diluted valuation (FDV) of $1 billion within just two

Ethereum

Erik Voorhees Launches VVV Token on Ethereum Layer 2 Base with Venice AI Platform

Erik Voorhees, known for his pioneering work in crypto with ShapeShift and DEX platform Thorchain, has also ventured into the realm of artificial intelligence with Venice AI, a platform emphasizing privacy and decentralization. Today, Venice announced the introduction of its VVV token on the Ethereum Layer 2 network, Base, marking

DeFi

Thorchain Decentralized Exchange Faces Insolvency Crisis, Announces Restructuring Plan

Thorchain, a prominent player in the decentralized finance (DeFi) space, has encountered a significant challenge by declaring itself insolvent, casting a spotlight on the risks associated with leveraged positions within DeFi protocols. The platform's validators have decided to pause operations to contemplate and vote on a restructuring plan

Crypto

Possible Candidates for Cryptocurrencies on Trump’s National Stockpile List

Earlier today, President Donald Trump announced an executive order to add a U.S. national stockpile of cryptocurrencies. This speculative move comes as part of a broader strategy to integrate cryptocurrencies into national reserves, potentially signaling a shift towards recognizing and utilizing blockchain technology at a governmental level. The possible

Tornado Cash

US Court Overturns Sanctions on Tornado Cash for Crypto Privacy

The US District Court for the Western District of Texas has overturned sanctions previously imposed by the US Treasury's Office of Foreign Assets Control (OFAC) on the Ethereum mixing protocol known as Tornado Cash. This ruling marks a significant moment for advocates of privacy in the digital currency

Ethereum

Trump’s DeFi Project World Liberty Financial Acquires $47 Million in Wrapped Bitcoin

World Liberty Financial, a project associated with Donald Trump, has made headlines by purchasing $47 million worth of Wrapped Bitcoin (WBTC). This transaction was revealed by blockchain analytics platform Arkham Intelligence, which specializes in tracking and analyzing blockchain activities of notable entities. The acquisition took place on the very day

Ethereum

Vitalik Buterin Announces Significant Changes to Ethereum Foundation Leadership Structure

In a recent revelation by Ethereum co-founder Vitalik Buterin, he has shared insights into the ongoing transformation within the Ethereum Foundation's (EF) leadership structure. This process, which has been unfolding for nearly a year, aims at refining the foundation's approach to governance and its interaction with