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Ethers worth $9.5 million were stolen from the wallets of the creator of Ronin Network
Jeff Zirlin, co-founder of the Ronin sidechain used in the Axie Infinity game, reported an attack on his personal wallets, during which hackers managed to withdraw 3,250 ETH worth $9.5 million. The stolen ethers were routed through a network bridge to three separate Et ...
Reddit Invests Surplus Funds in Bitcoin and Ether
The management of the large online forum Reddit said that the company is gradually investing in Bitcoin and Ethereum. The cryptocurrency investment strategy started back in 2022. Reddit has disclosed information about investments in cryptocurrencies in connection with ...
Coinbase demanded approval of Grayscale's application to launch an Ethereum ETF
The largest American crypto exchange Coinbase called on the US Securities and Exchange Commission (SEC) to approve Grayscale's application to launch the Grayscale Ethereum Trust exchange-traded fund. Coinbase General Counsel Paul Grewal said that the exchange' ...
S&P Global Ratings: “Ether ETFs Increase the Risks of Ethereum Centralization”
Analysts at S&P Global Ratings believe that the launch of spot ETFs for ether could concentrate a significant amount of ETH in one hand, and this entails risks of centralization of the Ethereum network. Andrew O'Neill and Alexandre Birry believe the US Securit ...
Charles Hoskinson: “Stablecoins and crypto ETFs are destroying the concept of digital assets”
The founder of the Cardano blockchain believes that the introduction of traditional financial mechanisms into the cryptocurrency industry contributes to the centralization of digital assets, violating the principles of their operation. Charles Hoskinson recorded a vide ...
Cyvers Alerts: Bankrupt Crypto Exchange AAX Moves 24,000 Ether
Analysts at Cyvers Alerts noticed suspicious transactions: more than $55.5 million worth of ether was transferred from wallets associated with the bankrupt AAX crypto exchange. These funds could be used for money laundering through decentralized platforms like UmbraCas ...
PostFinance launched retail cryptocurrency services
The Swiss systemically important bank PostFinance has launched a retail offer of crypto assets for its clients. The PostFinance administration announces that starting from Wednesday, February 21, transactions with digital assets will be available to all 2.5 million cli ...
The ether price exceeded $3,000 for the first time in two years
Ethereum shows excellent results in 2024 - for the first time in two years, the rate of the second cryptocurrency exceeded $3,000. One of the main drivers of growth was the anticipation of the launch of spot ETFs on ether - several applications for such funds are ...
Crypto exchange Binance has suspended withdrawals of funds to Monero
The largest exchange Binance on Tuesday, February 20, completed the delisting of the anonymous cryptocurrency Monero. However, the day before this event, dissatisfied customers appeared, concerned about what they believed was a premature suspension of XMR withdrawals. ...
Bernstein: Ethereum ETF has every chance to become a new instrument for large investments
Experts at AllianceBernstein have identified Ethereum as the sole digital asset, after Bitcoin, with the potential to obtain approval for spot exchange-traded funds (ETFs) in the United States. The likelihood of the US Securities and Exchange Commission (SEC) granting a ...