Ethereum: Tether Mints 2B USDT Rapidly
Tether minted 2 billion $USDT on Ethereum, raising total supply near $190B. This reflects institutional demand for liquidity, not direct capital inflows. #Update #Crypto $USDT
Tether minted 2 billion $USDT on Ethereum, raising total supply near $190B. This reflects institutional demand for liquidity, not direct capital inflows. #Update #Crypto $USDT
Ethereum price recovers above $2,300 but faces resistance near $2,385; potential decline if resistance holds. Trading above 100-hourly SMA. #Update #Crypto $ETH
Coinbase’s report warns proof-of-stake blockchains like $ETH and $SOL may face future quantum computing risks due to validator signature vulnerabilities, urging early cryptographic transition preparations. #Update #Crypto $ETH
The Arbitrum Security Council froze 30,766 ETH ($71.5M) linked to KelpDAO’s $292M exploit, allegedly by North Korean hackers, sparking governance debates. #Breaking #Crypto $ETH
Vitalik Buterin critiques certain Layer 2 solutions for redundancy, urging innovation over duplication. Ethereum’s roadmap emphasizes scalability, privacy, and post-quantum readiness. #Update #Crypto $ETH
@Arbitrum froze 30,766 Ether ($71.2M) linked to the Kelp protocol exploit, which lost at least $293M. The decision faced criticism regarding decentralization and governance. #Update #Crypto $ETH
Arbitrum’s Security Council froze 30,766 ETH (approx. $71M) linked to the Kelp DAO exploit, recovering a quarter of the $292M stolen in a recent attack attributed to North Korea’s Lazarus Group. #Breaking #Crypto $ETH (-8) ↘
@BitmineTech purchases $234M in $ETH, increasing its holdings to 4.12% of total supply amid US-Iran tensions. Targeting 5% supply. #Breaking #Crypto $ETH
The Kelp DAO and LayerZero bridge exploit could result in Aave facing up to $230 million in losses, prompting immediate risk containment measures. $AAVE #Update #DeFi
An attacker exploited Kelp’s Layerzero V2 bridge, minting 116,500 rsETH, causing $123.7M-$230.1M in bad debt across markets. Aave DAO treasury holds $181M. #Breaking #Crypto #AAVE
Ethereum’s price surge to $2,400 prompted whales to initiate $90M in long bets, with technical indicators hinting at a potential rally towards $3,200. #Update #Crypto $ETH
@MicroStrategy invests $2.54B in Bitcoin, acquiring 34,164 BTC, raising total holdings to 815,061 BTC. BitMine purchases 101,627 ETH for over $235M. #Update #Crypto $BTC $ETH
@Bitmine purchased 101,627 $ETH last week, raising its total to 4,976,485 ETH (4.12% of supply) as it aims for a 5% target. #Update #Crypto $ETH
Ethereum shows strongest buy-side pressure in derivatives since 2022, per @Darkfost_Coc. Net taker volume turns positive, signaling potential recovery. ETH trades at $2,288. #Update #Crypto $ETH