Ethereum DAO Shuts Down After $50M Hack
@RadiantCapital DAO ceases active development after two 2024 exploits, including a $50M hack. Limited operations for fund withdrawals continue, overseen by a community-elected council. #Update #Crypto $ETH
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@RadiantCapital DAO ceases active development after two 2024 exploits, including a $50M hack. Limited operations for fund withdrawals continue, overseen by a community-elected council. #Update #Crypto $ETH
@Bitmine acquires $52M in $ETH, nearing its goal of holding 5% of the total supply. Tom Lee notes Ethereum’s price hasn’t yet reflected its strength. #Update #Crypto $ETH
Ethereum price falls below $1,980, consolidating under $2,000 amid bearish pressure; potential further decline if resistance at $2,020 holds. #Update #Crypto $ETH
Anchorage Digital launches Atlas CMS, separating custody, execution, and credit to reduce counterparty risk. Spotex partners for crypto trading via regulated infrastructure. #Update #Crypto
Bitmine now holds 5.42M $ETH worth $10.85B, representing 4.49% of circulating supply, with a target of 5% ownership by 2026. #Update #Crypto $ETH
Bitcoin fails to reach $78,000, shifting towards a short scenario; Ethereum holds above $2000. U.S. labor market data impacts macro factors, with potential for market manipulation as Bitcoin’s dominance declines. #Update #Crypto $BTC $ETH
BitMine Immersion Technologies added $52M in $ETH, now holding 4.48% of supply, while Strategy sold $2.5M in $BTC; ETH dips below $2,000. Crypto $ETH
Security researcher 0xflorent unlocked 1,003.62 ETH from a 2016 Hongcoin ICO contract using a whitehat exploit; 882 ETH remains claimable. #Update #Crypto $ETH
Ethereum developer 0xFlorent_ recovered $2M in ETH from HongCoin’s 2016 ICO contract, unlocking funds for 48 investors after a smart contract bug was fixed. #Update #Crypto $ETH
@BitmineImmersion bought 26,497 $ETH for $53 million last week, reducing its accumulation pace. Total holdings now reach 5.42 million $ETH, about 90% of its 5% supply goal. #Update #Crypto $ETH
Developer Florent unlocked 1003.62 ETH (~$2M) from a frozen 2016 ICO smart contract, resolving a bug and enabling 48 investors to reclaim assets from the HongCoin project. #Update #Crypto $ETH
A security researcher, 0xflorent, unlocked $2 million in $ETH trapped in a 2016 ICO contract, allowing 48 investors to claim funds after exploiting an unpatched bug. #Update #Crypto $ETH
@Hyperbridge suffered a security breach, allowing the minting of 1 billion fake $DOT tokens on Ethereum, with only $240K extracted due to shallow liquidity; Polkadot’s price nears all-time low. #Breaking #Crypto $DOT (-8) ↘
Ethereum price falls below $2,000, trading under the 100-hourly SMA and facing resistance near $2,050. Further declines possible if support at $1,965 breaks. #Update #Crypto $ETH