Ethereum DeFi Raises $175M Challenges Wall Street
Morpho raises $175M led by Paradigm, Ribbit Capital, and a16z crypto, valuing it at $2B. The protocol aims to integrate traditional finance into DeFi. #Update #DeFi
Ethereum News
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.
Bitcoin Launches Wrapped Version on Ethereum
@Circle has launched cirBTC, a wrapped Bitcoin on Ethereum, backed 1:1 by Bitcoin and aimed at institutional investors. This move positions Circle against Coinbase and BitGo in the synthetic Bitcoin market. #Update #Crypto $BTC
Ethereum: Humanity Protocol Loses $32M Hack
Humanity Protocol lost over $32M due to a private key hack, with H token down nearly 90%. ZachXBT alleges it might be a staged exit. #Breaking #Crypto $ETH (-8) ↘
Ripple Ally SBI Launches BTC ETH XRP Rewards
@SBIHolds is launching a crypto rewards program via SBI Shinsei Bank this fall, offering clients $BTC, $ETH, and $XRP incentives based on fiat deposit interest. Rewards will be around 20% of earned interest. #Breaking #Crypto $XRP
Ethereum Soars with Bitmine’s Record Purchase
Bitmine Immersion Technologies increased its Ethereum holdings by purchasing 126,971 $ETH worth $214M during a market dip, now holding 4.59% of total supply.
Ethereum Launches Self-Custodial Wallet for DeFi
@MetaMask launched a self-custodial wallet for AI agents to transact in DeFi with user-defined controls, offering up to $10,000 loss protection; early access available now. #Update #Crypto $ETH
Ethereum Rebound Stalls Near Key Resistance
Ethereum price struggles to sustain recovery, trading below $1,680 and facing resistance at $1,700. A decline could occur if it remains under this level. #Update #Crypto $ETH
Ethereum NFTs Rescued by Yuga Labs
Yuga Labs saved $570,000 in NFTs from an exploit affecting Floor Protocol, securing 29 Bored Apes and two CryptoPunks. The NFTs remain under Yuga’s custody for resolution. #Update #NFT
Ethereum Treasury Surges to 5.54M ETH
@BitmineImmersion increased its Ether holdings to 5.54 million ETH, nearing its 5% supply target, with staked ETH projected to generate $230 million in annual revenue. $ETH #Update #Crypto
Ethereum Demand Soars Bitmine Holds 5.54M ETH
Bitmine holds 5.54M $ETH, representing 4.59% of total supply, with $230M projected annual staking revenue via MAVAN. Tom Lee targets 5% ETH acquisition by 2026. #Update #Crypto $ETH
Ethereum Surges as Bitmine Buys Dip
@Bitmine ramped up its ether ($ETH) purchases, acquiring 126,971 ETH worth $214 million last week, raising total holdings to 5.54 million ETH valued at $9.3 billion amid market downturns. #Update #Crypto $ETH
Ethereum OG Dumps $188M Buys Back Cheaper
An Ethereum OG sold $188M in $ETH, $wstETH, and $WBTC near $2,040, repurchasing $55.8M in ETH at a 23% discount. #Breaking #Crypto $ETH
Ethereum Surges 15% Amid Market Shift
Ethereum price recovers above $1,600, consolidating near $1,620. A breakout above $1,750 may trigger a rally; failure could lead to decline. #Update #Crypto $ETH
Ethereum Foundation Cuts Not a Crisis
@JoeLubin defends Ethereum Foundation’s recent budget cuts and staff departures as necessary for evolution, emphasizing a focus on protocol stewardship amid competition from AI #Update #Crypto $ETH