Ethereum Exploit: KelpDAO Moves $300M to Chainlink
Lazarus Group stole $300M in rsETH from Layerzero’s infrastructure. KelpDAO blames Layerzero, migrating to Chainlink CCIP for security. #Breaking #Crypto $LINK
Stay up to date with Ethereum News, dedicated to covering the second-largest cryptocurrency’s technological developments, Ethereum-based projects, and market changes. Discover the latest on DeFi expansions, Layer-2 solutions, and smart contract innovations shaping the future of Ethereum’s ever-evolving ecosystem.
Lazarus Group stole $300M in rsETH from Layerzero’s infrastructure. KelpDAO blames Layerzero, migrating to Chainlink CCIP for security. #Breaking #Crypto $LINK
Robert Kiyosaki warns Baby Boomers of a retirement crisis, advising investments in $BTC, $ETH, gold, and silver for financial security amid economic turbulence. #Update #Crypto $BTC
Kelp DAO plans to migrate rsETH to Chainlink CCIP amid ongoing disputes with @LayerZero, whose CEO Bryan Pellegrino announced an upcoming external security postmortem. #Update #Crypto $LINK
@Bitmine acquires 100,000 $ETH, raising reserves to 5.1 million amid a predicted market recovery termed “crypto spring,” driven by asset tokenization and AI demand. #Update #Crypto $ETH
Open interest in perpetual futures and onchain trading suggest traders may have anticipated @Robinhood’s crypto listings, with unusual pre-announcement trades noted for tokens like $LIT and $SNX. #Update #Crypto $LIT
BMNR stock is up 3% as @Bitmine adds 101,745 $ETH to its treasury, now holding 5.18M $ETH worth $12.06B and staked 4.36M $ETH for $297M annual revenue. #Update #Crypto $ETH
@Bitmine (BMNR) acquired 101,745 $ETH for $238 million, boosting holdings to over 5.18 million ETH as Chairman Thomas Lee announces a “crypto spring” amid improving market conditions. #Update #Crypto $ETH
Ethereum price rises above $2,355, consolidating with potential gains if surpassing $2,400. Trading above the 100-hourly SMA with support at $2,350. #Update #Crypto $ETH
Ethereum’s “Glamsterdam” upgrade boosts capacity by 300%, but price impact uncertain without increased demand. $ETH trades at $2,363, up 2.2% in seven days. #Update #Crypto $ETH
ZachXBT warns of Polyarb’s active wallet drainer scam, amplified by prominent crypto accounts, risking user funds. Recent exposure ties to a $71M Lazarus-linked claim. #Update #Security
Digital Asset’s Yuval Rooz discusses Canton network’s security features amid concerns over North Korean crypto hacks, following Kelp DAO’s $290M breach. #Breaking #Security @DigitalAssetCom
MegaETH launched its MEGA token, valued at $1.56 billion fully diluted, using a performance-based unlock model. Major exchanges like Coinbase and Binance now support trading. #Update #Crypto
A trader turned 3 ETH into 550 ETH by trading 4.28 billion ASTEROID tokens, netting a profit of approximately 547 ETH, raising speculation about insider trading and market dynamics. #Update #Crypto $ETH
@EthereumFndn sells another 10,000 $ETH to BitMine for $22.9M, totaling $47M in a week; community questions need for funds amid recent unstaking of 17,035 ETH. #Update #Crypto $ETH