In brief The Ethereum Foundation sold about $23 million worth of ETH to BitMine Immersion Technologies. It’s the second straight weekly sale …
ETH
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DeFi
Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH
by shayaanby shayaanAs recovery efforts in the DeFi ecosystem accelerate following the KelpDAO-related rsETH crisis, Aave DAO has taken a notable step. According to …
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Smart Contracts
Tom Lee’s BitMine Buys Another $23 Million in ETH From Ethereum Foundation
by shayaanby shayaanIn short The Ethereum Foundation said it agreed to sell more than $23 million worth of ETH to BitMine Immersion Technologies. This …
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DeFi
Mantle Community Proposes Bold 30K ETH Loan to Rescue Aave: A Strategic DeFi Lifeline
by shayaanby shayaanThe Mantle ($MNT) community has ignited a pivotal governance debate. It proposes a strategic loan of up to 30,000 $ETH to support …
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Decentralized finance protocols have banded together in an attempt to restore the backing of rsETH following the $293 million exploit of the …
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Crypto pundit Star has highlighted that crypto decentralization is a myth, noting that crypto networks and firms can freeze funds. The pundit …
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A new debate about Ethereum has emerged in the crypto community, as members now argue whether ETH can run the entire financial …
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DeFi
DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers
by shayaanby shayaanThe same architectural openness that turned a forged cross-chain message at Kelp DAO’s bridge into hundreds of millions of bad debt at …
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Nasdaq drops 1% and the S&P 500 0.6%, but Bitcoin near $75k and Ethereum around $2.3k show crypto holding up better than …
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Analysis
Ethereum Price Rises, But On-Chain Data Signals Weak Demand —What’s Next for ETH?
by shayaanby shayaanEthereum price is trading at $2,307 with a modest rise of only 0.17% in the past 24 hours, while the volume decreases …