Ethereum

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Lido Staked Ether (stETH) Regains ETH Peg

Lido Staked Ether (stETH), which previously lost its peg to Ethereum (ETH), has recovered. This follows the DAO’s decision to raise stETH's APR after Ethereum's Merge.

Deutsche Telekom To Support Ethereum Staking By Running Validator Nodes

T-Mobile’s parent company Deutsche Telekom will operate validator nodes to allow its clients to participate in Ethereum staking 

Vitalik Buterin Outlines Ethereum’s Priorities After Merge

Ethereum founder has shared what he thinks the next two big priorities for the network should be. He also hopes developers don’t have to rush through protocol changes again and the community becomes more pragmatic.

U.S. Regulators Sue Nexo For Failing To Register Yield Product

Regulators from eight states, including California, filed a lawsuit against Nexo for not registering its “Earn Interest Product,” citing that Nexo’s offerings need to be treated as securities. 

Vanity Address Loses Almost $1M To Crypto Theft

A vanity address generated with Profanity has lost approximately $950,000 worth of cryptocurrencies in a recent attack. The attacker transferred the stolen ETH into the sanctioned mixer, Tornado Cash.

Crypto Sleuths Reveal MEVbots Uses Backdoor To Drain Users’ Ethereum Assets

An investigation into MEVbots’ arbitrage trading bot uncovered the existence of a backdoor that allows random addresses to siphon Ethereum funds.

Ethereum Coin Mixer Tornado Cash Is Finally Unbanned On GitHub

Tornado Cash is finally back up on GitHub after its ban by OFAC. While GitHub is yet to make an official statement, many Ethereum developers have lauded this move.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.

Nic Carter Comments on White House Crypto Mining Climate Implication Report

The White House OSTP released a report addressing crypto mining’s impact on the climate. However, it did not sit well with Nic Carter, who stated they did not address all the necessary issues and cited unworthy sources.

Santiment Reveals 46.15% Of Ethereum’s PoS Nodes Are Controlled By Two Addresses

Data from Santiment disclosed only two addresses contributed to over 45% of Ethereum’s PoS nodes, giving rise to concerns of centralization.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Upgrade Bug Renders Compound Finance’s cETH Market Unusable

The Compound platform upgrade appears to have temporarily hit a stumbling block, halting the cETH market. This isn't a new occurrence on the platform, but would they fix this bug faster?

New YouHodler’s “Dual Assets” - For Easy and Simple Staking

YouHodler recently launched Dual Assets, a DeFi product that combines high-yielding DeFi techniques with the simplistic nature of TradFi platforms. Dual Assets promises better risk management and higher returns.

Compound Launches New Version 3 Protocol Upgrade

The DeFi platform released a streamlined protocol version that enhances security, capital efficiency, and user experience. This upgrade eliminates complexity while ensuring that Compound remains an effective tool for DeFi borrowers.

BendDAO Suffers Financial Crisis As Ethereum Reserves Run Out

Data shows that the Ethereum wallet of BendDAO contained only 0.75 WETH today, indicating that they could become insolvent.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Bitcoin Declines By 15% As Crypto Market Nears Worst Weekly Close Since June

The crypto market seems to be taking another hit as Bitcoin and altcoins have had a bad week.

Miners To Make A Choice As Ethereum Merge Approaches

Experts weigh in on the impact of the upcoming Ethereum Merge on mining pools and miners.

Gemini Adds Support For Polygon Staking

Gemini begins providing staking rewards for Polygon and announces support for ETH staking just as the Ethereum community prepares for the blockchain's transition from a Proof-of-Work to a Proof-of-Stake protocol.

Binance To Support Ethereum Merge And May List Fork Tokens

The notable Ethereum “Merge” event could lead to many forks and Binance is open to listing them on the exchange.