Ethereum

Bitcoin was trading around $79,200 on Monday, putting $80,000 roughly 1% away as Ethereum pushed through $2,500 and strength continued across major altcoins. BTC has gained more than 20% over the past week after a $3 billion short squeeze accelerated the breakout through $70,000 and $75,000. The move has also brought the year-end $100K scenario back into play, with $80,000 now the immediate level separating BTC from another push toward $90,000. Bitcoin ETF Inflows Add Spot Demand Behind Rally U.S.…

Ledger has patched a vulnerability in its Ethereum hardware-wallet app that could allow a malicious dApp to replace a transaction during the approval process while the device continued showing users the transaction they originally reviewed. Security firm TestMachine disclosed the signature-substitution flaw on August 21 after reproducing it on Ledger hardware. Ledger had already shipped Ethereum app version 1.22.2 on August 12, with its release history listing security fixes for the update. Malicious dApp Could Change the Transaction Before Signing…

Machi Big Brother has staged one of the sharpest trading comebacks on Hyperliquid this year, turning an account worth roughly $100,000 into about $9.5 million in two days as Ethereum’s rally transformed heavily leveraged ETH longs into multimillion-dollar gains. The Hyperliquid account gained roughly $9 million during the two-day run, taking its value close to 100 times the starting balance. The reversal follows months of liquidations, fresh collateral deposits and repeated attempts to stay long ETH through a prolonged market…

Base creator Jesse Pollak has pushed back against criticism that Coinbase is selling ETH while benefiting from Ethereum, pointing to the exchange’s roughly 150,000 ETH corporate position and years of investment across the network. Pollak argued that Coinbase has held about 150,000 ETH through multiple market cycles, while describing the company as the largest ETH holder outside dedicated digital asset treasury companies by a wide margin. Coinbase’s latest regulatory filing backs up the scale of that position. The company held…

A crypto user lost 1,010 ETH after following an old Tornado Cash bookmark into a phishing frontend that captured the private withdrawal credentials needed to access the deposited funds. The victim deposited the ETH into legitimate Tornado Cash contracts, but the malicious interface obtained the private note generated during the process. The attacker then used those credentials to withdraw the assets within roughly 12 hours without compromising the underlying Tornado Cash smart contracts. Phishing Frontend Targeted Private Withdrawal Notes Tornado…

Bitcoin has surged past $74,000 and traded as high as $75,527, extending a four-day rebound that has forced more than $3 billion in bearish positions out of the crypto derivatives market. BTC was trading around $74,695, up 7.8% over 24 hours and nearly 20% from its weekly low of $62,525. CoinGlass liquidation data put crypto short liquidations above $3.1 billion across the August 19-20 surge, with Bitcoin accounting for more than half of the squeeze. The acceleration builds directly on…

Bitcoin and Ethereum have broken sharply higher after weeks of compressed trading, with BTC briefly touching $70,000 and Ether gaining almost 18% as fresh liquidity, institutional inflows and forced short covering hit the market at the same time. Bitcoin traded near $69,400 in the latest market check, up more than 7% over 24 hours, while Ethereum changed hands around $2,250, up roughly 18%. The move represents a major shift from last week, when Bitcoin was stuck near $63,900 as spot…

Ethereum’s network-growth metric has accelerated sharply in August, with new daily ETH addresses climbing from 121,210 on August 8 to 212,560 on August 16. The increase represents roughly 75.4% growth in eight days and adds another signal that activity is returning to the network. New-address creation measures the number of addresses appearing onchain for the first time rather than the number of unique people using Ethereum. A single user or automated system can control multiple addresses, so the metric is…

An Ethereum whale has lost approximately $25.6 million in a phishing attack, marking the second major drain from the same wallet in less than three years. The victim lost WBTC, cbBTC, LDO, USDS and CRV before the stolen assets were converted into DAI and ETH. Onchain investigator Specter traced the theft to attacker address 0x8fEB...F95Ae. The same whale was drained of roughly $24.2 million in September 2023 after signing a malicious token approval, although about 90% of those funds were…